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MLC incorporations english

The beneficiaries are called the beneficial owners. 15 A formal document, signed by a Judge or senior Court official and stamped with the Court’s official seal, to give effect to a decision of a Judge of the court. 16 Person(s) who benefit from a trust. 6 • the land is first offered to members of the preferred classes of alienees 8 (primarily members of the hapū associated...

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Whakahaerehia ō whenua
Manage your land

Because Māori land can have so many owners, creating a trust can be an efficient way to make decisions about the whenua. The members of the trust or 'trustees' are appointed to make decisions that protect the whenua and benefit all landowners, also known as 'beneficiaries' of the trust.