10 MARCH 2011 NEW ZEALAND GAZETTE, No. 26

Schedule 3

Rates of interest payable on investment deposits repayable at the end of a fixed term

Interest payable on maturity, monthly or quarterly

Interest payable monthly and quarterly

Dated at Wellington this 8th day of March 2011.

DAVID GORDON, Head of Financial Products, Public Trust.

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Social Development

Social Security Act 1964

Earthquake Job Loss Cover Programme

Pursuant to sections 124(1)(d) and 5 of the Social Security Act 1964, the Minister for Social Development and Employment establishes and approves the following welfare programme for special assistance.

Dated at Wellington this 1st day of March 2011.

HON PAULA BENNETT, Minister of Social Services and Employment.

Programme

1. Title—This programme is the Earthquake Job Loss Cover Programme.

2. Commencement—This programme comes into effect on the day on which it is established and approved.

3. Expiry—This programme expires on the close of 30 April 2011.

4. Purpose—The purpose of this programme is to provide temporary financial assistance to certain people who have lost employment, or wages or salary from employment, as a result of the 22 February 2011 aftershock.

5. Interpretation—(1) In this programme, unless the context otherwise requires:

   22 February 2011 aftershock or aftershock means the aftershock of the Canterbury earthquake that occurred at the specified time, and includes any later aftershocks of that earthquake.

   Act means the Social Security Act 1964.

   affected area means the district of the Christchurch City Council.

   applicant means a person who has applied, or on whose behalf an application has been made for assistance under this programme and, where the context requires, includes a person who has been granted assistance under this programme.

   Canterbury earthquake means the earthquake that occurred on 4 September 2010 in Canterbury, and includes all of its aftershocks.

   civil defence loss of livelihood payments means payments made by the department under the Civil Defence Scheme in respect of loss of livelihood.

   earnings related compensation means earnings related compensation under the Accident Compensation Act 2001.

   earthquake job loss cover means the special assistance under this programme.

   Earthquake Support Subsidy means the employment assistance provided by the department to subsidise the payment of wages or salary to staff of certain businesses affected by the 22 February 2011 aftershock who are continuing to trade.

   specified benefit means any of the following:

   (a) an unemployment benefit, a sickness benefit, a widow's benefit, a domestic purposes benefit, an invalid's benefit, an independent youth benefit, or an emergency benefit; or

   (b) New Zealand superannuation or a veteran's pension; or

   (c) a basic grant or an independent circumstances grant under the Student Allowances Regulations 1998.

   specified time means 12.51pm on 22 February 2011.

   (2) Terms otherwise defined in section 3(1) of the Act have the same meanings in this programme.

6. Application of the Act—(1) Sections 12, 62, 63, 72, 74, 74A, 76, 77, 80A, 81, 82 (except 82(6) to (6D)), 84, and 86J of the Act apply to the following as if the special assistance under this programme were a benefit under the Act:

   (a) this programme;

   (b) an applicant;

   (c) the applicant’s spouse or partner (if any).

   (2) Nothing in subclause (1) affects the application of any other provision of the Act.

7. Application requirements—Earthquake job loss cover must not be granted to an applicant unless the department has received:

   (a) an application form (provided by the chief executive for the purpose) completed by or on behalf of the applicant and his or her spouse or partner (if any) to the chief executive’s satisfaction; and

   (b) any supporting evidence reasonably required by the chief executive.

8. Earthquake job loss cover—(1) The chief executive may grant earthquake job loss cover to an applicant if the chief executive is satisfied: