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Insurance Business | 01 Feb 2013, 12:00 AM Agree 0
FAR OUT FRIDAY: The All Churches Bureau in New Zealand demands free earthquake insurance due to their registered charity status.
  • Mat | 01 Feb 2013, 11:06 AM Agree 0
    Irony at its best, churches asking for free insurance cover from acts of God
  • Dean | 01 Feb 2013, 02:37 PM Agree 0
    Now that's funny. If it's an act of God shouldn't insurer's be sending the damage bill to the church just like Billy Connelly!
  • Dr Michael Gousmett PhD | 02 Feb 2013, 09:15 AM Agree 0
    Land used solely or principally for religious worship is non-rateable under the Local Government(Rating) Act 2002.

    The latest data on the Charities Register reports that churches own land valued at nearly $2 billion and buildings of $3 billion.

    The churches have investments of $1.9 billion, therefore can hardly cry poverty.

    Exemptions from income tax granted to churches as registered charities, and rating privileges, place a burden on others, a fact that was acknowledged centuries ago in England. Maggie Barry MP also pointed out the burden that would be placed on taxpayers and ratepayers if the All Churches Bureau submission were to be successful.

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