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Friday, 14 November, from 5:30pm to Sunday, 16 November 7:00am.
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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.
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.
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.
1
Notification of applications that have not
been finally determined
(over 6 months old)
31 August 2021
TAKE NOTICE THAT the following schedule of applications are hereby notified pursuant to rule
5.
1
Notification of applications that have not
been finally determined
(over 6 months old)
30 November 2021
TAKE NOTICE THAT the following schedule of applications are hereby notified pursuant to rule
5.
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...
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.
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.
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).
