20210715 Trustees Role and Duties
• Not to exercise power for own benefit A trustee must not exercise a power for their own direct or indirect benefit
Documents/Guides-Templates-Factsheets/20210715-Trustees-Role-and-Duties.pdf (349 kb)
• Not to exercise power for own benefit A trustee must not exercise a power for their own direct or indirect benefit
Documents/Guides-Templates-Factsheets/20210715-Trustees-Role-and-Duties.pdf (349 kb)
This does not include any distribution the Trustee may receive as a Beneficiary of the Trust. 1.9 Each Trustee must not take any reward for acting as a Trustee, but this does not affect the right of a Trustee to be reimbursed for the Trustee’s legitimate expenses and disbursements in acting as a Trustee. 1.10 The duty for Trustees to act unanimously is expressly excluded.
A trustee does not have to be an owner in the land.
Documents/Guides-Templates-Factsheets/MLC-maori-reservations-english.pdf (389 kb)
Transferring shares to trustees Māori land shares can be transferred, by a vesting order, to a trustee from a person who owns, or is entitled to own, Māori land shares.
Uploads/MLC-transferring-maori-land-shares-english.pdf (333 kb)
Transferring shares to trustees Māori land shares can be transferred, by a vesting order, to a trustee from a person who owns, or is entitled to own, Māori land shares.
Uploads/MLC-transferring-maori-land-shares-english-v2.pdf (333 kb)
Transferring shares to trustees Māori land shares can be transferred, by a vesting order, to a trustee from a person who owns, or is entitled to own, Māori land shares.
Documents/Guides-Templates-Factsheets/MLC-transferring-maori-land-shares-english.pdf (333 kb)
The owner of a beneficial interest in land. Where land is vested in trustees, the trustees own the land as legal owners on behalf of the beneficiaries.
Documents/Guides-Templates-Factsheets/MOJ0217.4E-OCT21-Maori-Reservations.pdf (348 kb)
Comment Box 1. If the Trustees are discussing and/or deciding whether to grant a right to occupy, a license or lease of Trust land to a Trustee ("Trustee X") or someone related to Trustee X, then Trustee X has a Conflict.
Special fixtures are arranged and advertised in accordance with the provisions of the Mäori Land Court Rules and they may not necessarily be listed in this publication.
Documents/Panui/0108423-Ministry-of-Justice-National-Panui-March-2023-FINAL1.pdf (714 kb)
Special fixtures are arranged and advertised in accordance with the provisions of the Mäori Land Court Rules and they may not necessarily be listed in this publication.