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==Earthquake damage==
The clock tower was seriously damaged in the 22 February [[2011 Christchurch earthquake]], with the time (12:51) stopped on the clock's face. Repairs in excess of NZ$700,000 were agreed to by Christchurch City Councillors in July 2012, with most of the cost to be reimbursed by insurance. Stones in the buttress columns and arches were loose or dislodged, and the finial spike needed to be repaired. The clock itself needed to be restored, but it was considered to leave one of the clock faces at 12:51 as a reminder of the earthquake.<ref>{{cite news|last=Cairns|first=Lois|title=Insurer to foot bill for tower|accessdate=20 August 2012|newspaper=[[The Press]]|date=27 July 2012|location=Christchurch|page=A7}}</ref>
 
Christchurch City Council began restoration work on the historic clock tower, corner of Montreal and Victoria Streets, in March 2013. On 22 October 2013, Christchurch Mayor Lianne Dalziel officially unveiled the newly restored Central City landmark, Jubilee Clock Tower, and placed a time capsule on the site for future generations to discover.