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Old May 10, 2020 | 10:56 pm
  #151  
garykung
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Originally Posted by JamesBigglesworth
I don't think that is true.
But that's the reality many are facing. Keep in mind:

1. Law or no law, NZ could simply do refund instead of credit without any intervention.

2. As the majority shareholder, the NZ Government can push NZ to refund even without any legislation.

As I have said again and again, this does not happen with the NZ Government's sign-off. Quoting Hon. Grant Robertson, NZ Minister of Finance:

...Also, the Government owns 52% of the [Air New Zealand], which means we have a responsibility towards it...
To me, it sounds like the NZ Government failed to act, both in a business and regulatory sense.
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