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Source: Inland Revenue Department –

Supplementary Order Paper No 293 to the Taxation (KiwiSaver, Student Loans, and Remedial Matters) Bill was released today by the Minister of Commerce and Consumer Affairs, Hon Kris Faafoi.

The SOP proposes changes to the KiwiSaver Act to allow a person that has a life-shortening congenital condition to withdraw their savings early.

For more information see:
– the Minister of Commerce and Consumer Affairs’s media statement (from 21 July);
– Supplementary Order Paper No 293;
– the revised disclosure statement;
– the regulatory impact assessment (PDF 1.1 MB); and
– supporting documents.

MIL OSI