New Zealand has set aside R1.9 billion to buy back guns after the Christchurch shooting | BISouthAfrica
Finance Minister Grant Robertson and Minister of Police Stuart Nash announced the launch of the program in a, promising licensed gun owners"fair compensation" for their weapons handed back during a six-month amnesty period.
The new buyback program has set aside $NZ208 million to buy back the banned guns, parts, and ammunition by December 20. The scheme will compensate gun owners for up to 95% of the cost price of their weapon.
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