Invercargill Licensing Trust
Encyclopedia
The Invercargill Licensing Trust is a Licensing Trust
in the city of Invercargill
in New Zealand
.
It has a monopoly on the development of premises licensed for the sale of alcoholic beverages, and associated accommodation, in the city and uses the profits from these to fund school, sports and cultural groups, and welfare bodies. Along with its Charitable Trust and Sports Foundation it provides donations and sponsorships of approximately $3 million annually to nearly 500 organisations.
These range from major developments such as Stadium Southland and the ILT Velodrome, to helping grass-roots projects such as supplying interactive electronic whiteboards for local schools or a new learners’ swimming pool at Splash Palace, Invercargill's public swimming baths.
in New Zealand was first introduced by the Invercargill Licensing Trust Act 1944, and was developed by the recommendations of the Report of the Royal Commission on Licensing 1946.
Licensing Trust (New Zealand)
Licensing Trusts were born out of the prohibition of alcohol era, partly as a reaction to the excesses of New Zealand’s pioneering times, but also as a major social experiment...
in the city of Invercargill
Invercargill
Invercargill is the southernmost and westernmost city in New Zealand, and one of the southernmost cities in the world. It is the commercial centre of the Southland region. It lies in the heart of the wide expanse of the Southland Plains on the Oreti or New River some 18 km north of Bluff,...
in New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...
.
It has a monopoly on the development of premises licensed for the sale of alcoholic beverages, and associated accommodation, in the city and uses the profits from these to fund school, sports and cultural groups, and welfare bodies. Along with its Charitable Trust and Sports Foundation it provides donations and sponsorships of approximately $3 million annually to nearly 500 organisations.
ILT Foundation
The Invercargill Licensing Trust and the ILT Foundation are major funders of community projects in Invercargill. The ILT Foundation provides donations and grants totalling around $10 million a year to over 500 organisations.These range from major developments such as Stadium Southland and the ILT Velodrome, to helping grass-roots projects such as supplying interactive electronic whiteboards for local schools or a new learners’ swimming pool at Splash Palace, Invercargill's public swimming baths.
History
The concept of Licensing TrustsLicensing Trust (New Zealand)
Licensing Trusts were born out of the prohibition of alcohol era, partly as a reaction to the excesses of New Zealand’s pioneering times, but also as a major social experiment...
in New Zealand was first introduced by the Invercargill Licensing Trust Act 1944, and was developed by the recommendations of the Report of the Royal Commission on Licensing 1946.