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What is the Crown's legal or fiscal exposure, if any, if a local authority were unable to meet its debt obligations?

Answered Question 11817 (2026)
Question published
Reply lodged

Asked by

Barbara Edmonds

Member for Mana · Labour Party

Question

  • What is the Crown's legal or fiscal exposure, if any, if a local authority were unable to meet its debt obligations?

Answered by

Hon Simon Watts

Member for North Shore · National Party · Minister of Local Government

Answer

The Crown does not have any legal obligation to repay the debt of a local authority.