Only 530 semi-automatic guns handed over, police say

New figures show gun owners are holding back on handing in their firearms, because they're waiting to hear how much the Government will pay for them

Figures released to Newstalk ZB by the New Zealand Police showed that, as of Sunday night, only 530 guns had been handed in since the ban on semi-automatic guns was finalised in early April.

There are around 250,000 licenced firearm holders in New Zealand and it's estimated as many as 300,000 guns could now be illegal.

It comes as gun owners are waiting on any details around compensation for their guns.