Trustee Savings Bank Loans In the last issue of Te Ao Hou mention was made of a scheme whereby Trustee Savings Bank loans to Maori Committees undertaking marae building projects could be guaranteed by Government. Although Government approval for such a scheme still stands it could not be put into effect without an amendment to the legislation affecting Trustee Savings Banks. As the whole question of Government's role in marae development is now being examined by the Committee on Marae Subsidies, no legislative amendments are proposed meantime. Government will await the report of the Committee and re-examine the question of loan guarantees in the light of any comments the Committee may put forward on this topic.
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Te Ao Hou, June 1975, Page 60
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116Trustee Savings Bank Loans Te Ao Hou, June 1975, Page 60
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The Secretary Maori Purposes Fund Board
C/- Te Puni Kokiri
PO Box 3943
WELLINGTON
Phone: (04) 922 6000
Email: MB-RPO-MPF@tpk.govt.nz
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