I bought this BD the other day, slightly hit & miss as the sellers pics were pretty poor and the description was not great.
It appears to be a post war NZ made and issued with a NZ broad arrow and maker stamps, the date is a bit faded but is either 1951 or 1957.
The insignia is to a 2nd lieutenant in the British Royal Engineers and also has a set of WWII para qualification wings. The insignia looks to have been there a while, though could have been added to pimp it. I paid less for it than the wings would sell on their own, so no problem if they have been added, but it would be nice if they were originally period applied.
It's in the P37 style with an open collar, though I don't know enough about NZ BD's and if this is normal for them.
Any thoughts and opinions will be welcomed as the when the insignia was applied and if this is a legitimate configuration.
The pics are probably not great, but the weather here has gone off and I'll try and take some more on the weekend.