Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698830565874.pdf (New Zealand)
Education Amendment Bill (No 3) Government Bill As reported from the committee of the whole House This bill was formerly part of the Social Assistance (New Work Tests, Incentives, and Obligations) Amendment Bill as reported from the Social Services Committee.
The committee of the whole House has divided it into the following bills: • Children, Young Persons, and Their Families Amendment Bill comprising clauses 1 and 2, and Part 1 This bill comprising Part 2 Taxation (Definitions of Dependent Child) Bill comprising Part 3 Social Security (New Work Tests, Incentives, and Obligations) Amendment Bill comprising Part 4, and Schedules 1 to 3 War Pensions Amendment Bill (No 3) comprising Part 5.
• • • • 125—3B Hon Paula Bennett Education Amendment Bill (No 3) Government Bill Contents 1 2 5 6 Title Commencement · Principal Act amended Student allowances · · · · · · · · · Page 1 1 1 2 The Parliament of New Zealand enacts as follows: 1 2 5 Title This Act is the Education Amendment Act 2010.

Commencement This Act comes into force on 27 September 2010.

· · · · · 5 Principal Act amended This Part amends the Education Act 1989.
125—3B 1 cl 6 6 Education Amendment Bill (No 3) Student allowances Section 303 is amended by inserting the following subsections after subsection (3A): “(3B) The rates of student allowances set under this section (except the rates of allowances provided in respect of accommodation 5 expenses) must be adjusted, by regulations made under sub- section (1), as at 1 April each year so that in each case the new rate (after the deduction of standard tax) is the rate at that date (after the deduction of standard tax and before the adjust- ment under this section is made) adjusted by an amount equal 10 to the percentage movement upwards in the CPI between the CPI for the quarter ended with 31 December 1 year before the immediately preceding 31 December and the CPI for the quar- ter ended with the immediately preceding 31 December.
“(3BA) The adjustments (by any percentage movement upwards 15 in the CPI) required under subsection (3B) as at 1 April 2011, 1 April 2012, and 1 April 2013 must, despite subsec- tions (3B) and (3E), be calculated,— “(a) if, and insofar as, they relate to movements during quar- ters that end before 29 April 2010, using index num- 20 bers for those quarters of the consumers price index-all groups published by Statistics New Zealand; and if, and insofar as, they relate to movements during quar- ters that end after 28 April 2010, using index num- bers for those quarters of the consumers price index-all 25 groups excluding cigarettes and other tobacco products published by Statistics New Zealand.
“(b) “(3C) An adjustment under subsection (3B) must not reduce the weekly amounts of student allowances payable.

“(3D) Every adjustment made under subsection (3B) comes into 30 force, or is considered to have come into force, on 1 April of the calendar year in which it is made, and applies to student allowances payable on and after that date.
“(3E) In this section,— “CPI means the consumers price index-all groups published 35 by Statistics New Zealand 2 Education Amendment Bill (No 3) “standard tax means the amount of tax reckoned on a weekly basis that would be withholdable in accordance with tax code ‘M’ stated in section 24B of the Tax Administration Act 1994.” · · · · · Legislative history Divided from Social Assistance (New Work Tests, Incentives, and Obligations) Amendment Bill (Bill 125–2) by committee of the whole House as Bill 125–3B 17 August 2010 12 Published under the authority of the House of Representatives—2010 Wellington, New Zealand: 3