Confusing traffic sign

Reported in the Signs category anonymously at 11:42, Wed 12 June 2019

Sent to Christchurch City Council 23 sec later.

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When travelling North along Madras St around Latimer Square, turning into Gloucester for a short way and then continuing North again, there is a sign instructing Right Turning Traffic Give Way. However, opposing traffic is controlled by traffic lights. Nevertheless, it always makes me feel nervous as I bear right to continue along Madras St. Why is the sign there? To whom does it apply? Thank you

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