A New Zealand Catholic church has gone into receivership, after years of operating in a state of financial crisis.
The New Zealand Herald reports that the church was founded in the 1980s and has seen its assets decline due to the financial crisis of the early 1990s.
In 2017, it said it was facing a shortfall of about $3.5 million.
According to the church’s own filings, the church has not made any public financial statements since 2007.
It was founded by a former school teacher and the founder was a priest named Thomas Haden, who was also a bishop of the Evangelical Lutheran Church in America (ELCA).
In 2010, he founded a new church called the Anglican Church of the West of England (OCE), which is based in the U.K. It has now closed.
More recently, the Anglicans in New Zealand have seen a number of controversies, with the New Zealand bishops’ conference condemning the church for “abusive behaviour” during its recent election.
The church’s finances have been in crisis for several years, with its financial statement due to be released in February.
The church said it would not be able to meet its obligations until a new report was released.