There are two types of grant:
(a) Where a person dies leaving a valid will,
a grant of probate may be made to the
executor/s named in the will (although
in rare cases, formal administration may
be granted to someone other than the
named executors).
(b) Where a person dies intestate
(without a will), a grant of letters of
administration is obtained.
5 The administrator/s are responsible for
ensuring that these assets are transferred to
those entitled to t...
He taitara
hanga ka whiwhi ki ia kaipupuri e kī ana:
(a) He hea wātea nā te tangata rīhi kei
roto i te poraka
(b) He rīhi tūturu motuhake ki te pito
whenua rā.
11 He tangata whai mana ki te whakahaere
rawa nō ngā kaipupuri me ngā kaiwhiwhi.
Māori
land is deemed to be held “in common”
unless otherwise determined by the Court.
5
4
instance, they may own block a and also
have an interest in block B.
To transfer Māori incorporation shares,
the transferor (the person transferring
the shares) must file a transfer of shares
form (form 5 of the Māori Incorporations
Regulations 1994) with the secretary of
the Māori incorporation.
Types of trusts
Under Part 12 of Te Ture Whenua Māori Act 1993, there
are 5 types of trusts.
• Ahu whenua trust
This is the most common Māori land trust.
An administrative structure similar to a company for managing Māori land vested
in it by the Māori Land Court.
5. An order of the court that vests land interests in someone other than the existing
owner(s), therefore affecting the ownership.
6.
Land (other than Māori customary land and Crown land reserved for Māori)
that has not been alienated from the Crown for a subsisting estate in fee simple.
5. A person who has not yet reached the age of 20 years.
6.
The minimum number
of trustees for a reservation is two people (unless the trustee
is a body corporate6, such as a Māori trust board or a Māori
incorporation).
5. A subtribe or kin group that is linked by a common ancestor.
6.
