may 28, 2015 - Housing Legislation - remedial matters
Description:
The social housing legislation enacted as part of the 2015 Budget also addressed the following remedial matters:
• Amending the Goods and Services Tax Act 1985 to ensure that payments under reimbursement agreements and tailored agreements with social housing providers were GST-exempt to the extent that they relate to the provision of accommodation in social housing. This was consistent with the treatment of rent and income-related rent subsidies.
• Amending the Housing Corporation Act 1974 to remove the Housing New Zealand Corporation’s role in providing policy advice to the Minister of Housing. [Note that on 1 July 2011 the housing policy advice function had been transferred from the Corporation to the then Department of Building and Housing, subsequently the Ministry of Business, Innovation and Employment.] The Corporation retained an operational policy function to support its business activities. In addition, the Corporation was no longer expected to undertake research and evaluation activities for the purpose of advising the Minister of Housing on housing and services related to housing.
• Amending the KiwiSaver Act 2006 to clarify that previous membership of a complying superannuation fund counted towards the three-year eligibility period for a first home withdrawal, if a complying superannuation fund member had transferred to KiwiSaver. This change applied from 1 April 2015.
Source: https://www.msd.govt.nz/about-msd-and-our-work/about-msd/history/social-assistance-chronology-programme-history.html
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A chronology of Māori housing
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