Section 74 — Social Security Act 2018: Winter energy payment: instalments, rates, and payment

74 Winter energy payment: instalments, rates, and payment (1) A winter energy payment is payable,— (a) if the person’s qualifying benefit is a main benefit under this Act, in 22 weekly instalments; or (b) if the person’s qualifying benefit is New Zealand superannuation or a veteran’s pension, in 11 fortnightly instalments. (2) The amount of an instalment is ascertained by dividing the appropriate rate per winter period set out in Part 8 of Schedule 4,— (a) for recipients of a main benefit under this Act, by 22; or (b) for recipients of New Zealand superannuation or a veteran’s pension, by 11. (3) However, the amount ascertained under subsection (2) must be rounded up to the nearest whole cent, and then reduced to reflect any 1 or more days of the week or fortnight covered by the instalment that are days for which— (a) the person is not entitled to the payment; or (b) the payment is not payable (for example, under section 220 ). (4) An instalment must be paid on the relevant payment date. (5) This section overrides sections 297 , 311(1) , and 338 . Compare: 1964 No 136 s 61FI