[2015] NZSSAA 91 (27 November 2015) [pdf, 57 KB]
...of assets. There is no reference to allowable gifting being relevant to the definition of ‘income’ in Schedule 27 of the Act. [32] The provisions for the means assessment as to assets and the means assessment as to income are contained in separate provisions in the Act. There is no suggestion that one is dependent on the other. [33] Regulation 11 of the Regulations makes specific provision for income exempt from the means assessment. There is no express provision that income as...