Managing trust funds The trustees must ensure that all money received by or on behalf of the trust is paid without delay into the trust’s bank account. The trustees must keep a detailed record of all receipts and payments of trust funds.
Documents/Guides-Templates-Factsheets/2021-12-07-Ahu-Whenua-Trust-Order-Template.pdf (398 kb)
This practice note has been issued as a guide to assist landowners, lawyers and the banking sector with lending and borrowing against Māori freehold land.
The treasurer should ensure that: • the signatories to the trust account have the authority to sign and that their authorities are lodged with the bank • financial information is available for the annual financial report • the trustees are aware of any limits to their financial authority and that any authorised payments do not exceed those limits • a record is kept of all financial transactions and of related documentation, such as invoices and receipts • all funds are accounte...
Documents/Guides-Templates-Factsheets/20210715-Trustees-Role-and-Duties.pdf (349 kb)
For example, you may need to provide your bank account details and an IRD number. Mēnā kāore koe i te whakaae ki te putanga If you disagree with the outcome If you don’t agree with a decision made by the Māori Land Court, you can consider appealing the outcome of your application.
Assets the Māori Land Court can’t deal with The MLC can’t make succession orders if the estate of the deceased includes: • general land (except for property held jointly, like a joint family home, where the partners are joint tenants13) • cash over $11,000 held by a bank or an insurance company • significant company shares unless the estate is under formal administration.
Documents/Guides-Templates-Factsheets/MOJ0217.7E-SEP21-Succession-Factsheet.pdf (355 kb)
Assets the Māori Land Court cannot deal with The Māori Land Court cannot make succession orders if the estate of the deceased includes: • general land (except for property held jointly, like a joint family home, where the partners are joint tenants 11) • cash over $11,000 held by a bank or an insurance company • significant company shares, unless the estate is under formal administration (see Footnote 4, below, for an explanation of formal administration).
Assets the Māori Land Court cannot deal with The Māori Land Court cannot make succession orders if the estate of the deceased includes: • general land (except for property held jointly, like a joint family home, where the partners are joint tenants 11) • cash over $11,000 held by a bank or an insurance company • significant company shares, unless the estate is under formal administration (see Footnote 4, below, for an explanation of formal administration).
Documents/Guides-Templates-Factsheets/MLC-succession-english.pdf (1.2 mb)
Controlling Trust funds 7.2 The Trustees must ensure that all money received by or on behalf of the Trust is paid without delay into the Trust's bank account. 7.3 The Trustees must keep a detailed record of all receipts and payments of Trust funds. 7.4 No debt is to be incurred by the Trustees other than by approval prior to the incurring of the debt, or at the Trustee Meeting that immediately follows the incurring of the debt on their behalf. 12 7.5 All payments f...
Prior to joining the Ministry in 2015, Dan worked in the banking sector in Canada and the United Kingdom and held a number of other roles across a range of organisations in New Zealand and abroad.
...Gerrard or Millie Lamb - Succession 15 10:08AM A20220016607 113/93, 118/93 Justine Ngapare Sue Callaghan Henare Terence Mato also known as Terence Henare Mato - Succession 16 10:12AM A20170006688 113/93, 118/93 Leigh Ann Lewis Arewha Te Horowai Banks also known as Dake Banks or Koro Banks - Succession 17 10:16AM A20220016521 113/93, 118/93 Mary Grace Te Ua Michael Robert Harawira Tuhoe Te Ua also known as Michael Robert Te Ua - Succession 18 10:20AM A202200...
Documents/Panui/0108423-Ministry-of-Justice-National-Panui-March-2023-FINAL1.pdf (714 kb)
