Home › T19 Categories › * Anglican - Episcopal › (The Press) Anglican Diocese of Christchurch cleared over cathedral funding breach

(The Press) Anglican Diocese of Christchurch cleared over cathedral funding breach

Posted on August 7, 2015 by Kendall Harmon

Christchurch’s Anglican Diocese has avoided censure for incorrectly using funds from an insurance payout to help pay for the transitional cathedral.

A High Court judgment released on Wednesday said it was sufficient for the Church Property Trustees (CPT), which holds property on various trusts for the diocese, to repay the $4 million it used from the quake-damaged Christ Church Cathedral insurance payout to construct the new building near Latimer Square.

Read it all.

Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * General Interest, Anglican Church in Aotearoa, New Zealand and Polynesia, Anglican Provinces, Law & Legal Issues, Natural Disasters: Earthquakes, Tornadoes, Hurricanes, etc., Parish Ministry, Religion & Culture, Stewardship, Theology, Urban/City Life and Issues