Section 345 — Social Security Act 2018: Credit on payment card, etc, at end of money management
Text of the provision Official document
345 Credit on payment card, etc, at end of money management (1) This section applies to a young person if— (a) the young person ceases to be subject to a money management manner of payment; and (b) the young person has a payment card, voucher, or device to which an amount or amounts payable to the young person have been credited for the purchase of goods or services; and (c) the amount on the card, voucher, or device has not been fully spent. (2) MSD may, after receiving an oral or a written application to do so made (in any form, and using any wording, that is reasonable for the purpose) by or on behalf of a young person to whom this section applies,— (a) cancel the young person’s payment card, voucher, or device; and (b) pay the amount standing to the credit of the young person on the payment card, voucher, or device (after the deduction of any debt recoverable from the young person) to the young person under section 339 . Compare: 1964 No 136 s 179(12), (13)
Official source: legislation.govt.nz
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