Govt asked to bail out local authority insurance fund
Chris Hutching Tue, 19 Apr 2011
The government has been asked to underwrite the Local Authority Protection Programme Disaster Fund in the aftermath of the Canterbury earthquake because it has used up its equity.
Revelations about loss of capital in the disaster fund first surfaced last October.
An article in NBRat the
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).