RESET FORM
WHAT IS THIS FORM FOR?
This applicationform has been modified specifically for use in determining the successors for South Island Landless
Natives (SILNA) lands in accordance with Part 15 of the Ngāi Tahu Deed of Settlement.
Introduction While hearing succession applications I often find myself suggesting to those appearing in front of me to consider forming a whānau trust.
If you want to sell or gift your shares, and those shares form
part of Māori land vested in a Māori incorporation, you must
file a transfer application with the secretary of the Māori
incorporation.
If you want to sell or gift your shares, and
those shares form part of Māori land vested
in a Māori incorporation, you must file a
transfer application with the secretary of the
Māori incorporation.
If you want to sell or gift your shares, and
those shares form part of Māori land vested
in a Māori incorporation, you must file a
transfer application with the secretary of the
Māori incorporation.
If you want to sell or gift your shares, and
those shares form part of Māori land vested
in a Māori incorporation, you must file a
transfer application with the secretary of the
Māori incorporation.
The benefits of an incorporation include:
the ability to establish and run commercial operations for maximum financial benefit to the shareholders
the application of a corporate model to the management of Māori land
autonomy from the normal Māori Land Court practices that apply to trusts, and
voting and resolutions by shareholders are based on the number of shares held, rather than the number of votes received.