Questions on nil returns

August 13, 2008

What might you expect to show on a political party’s annual return to the Companies Office for the structure through which the party exists?

Some of the things I’d expect to see are membership, donations and fund raising coming in and rent or rates, wages, stationery, postage, advertising, power and GST going out.

But as Keeping Stock points out an article in this week’s Listener by David Fisher explains New Zealand First Incorporated has been filing nil returns for 15 years.

I read the whole story in the magazine which is not yet on line and was left wondering:

1) Does the party have another vehicle which does have income and expenditure?

2) If so who knows about it?

3) If not how are the party’s operations funded?

4) Do party officials know anything about the running of NZ First?

5) If not who does?


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