Drupal Web Application Development - Local Authority Protection Programme Disaster Fund (LAPP)Added by Agile Infoways on Wed 14th May 2014
The Local Authority Protection Programme Disaster Fund (LAPP) is a cash accumulation mutual pool. Civic Assurance is the Fund’s Administration Manager.
The LAPP Fund was established in 1993, to help its New Zealand local authority members pay their share of infrastructure replacement costs for water, sewage and other essential services damaged by natural disaster.
Since 1991, central and local government has shared responsibility for those costs, Beyond a threshold, central government will pay 60% of the restoration costs, leaving local authorities 40%.
Of the 78 local authorities in New Zealand, 46 are currently Fund members.