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Proposed name of Whānau Trust to be:
2. Common tupuna name is:
Note: Care must be taken in selecting the tupuna, as the beneficiaries of the trust are the descendants of that tupuna.
The primary purpose of both meetings will be to discuss:
• The Mouri Tūroa project and opportunities available for owners of the above blocks;
• Options to enable Mouri Tūroa to complete the proposed work, including but not restricted to:
o A limited powers Ahu Whenua Trust over some or all of the above clusters of blocks,
and election of trustee(s);
o The appointment of an agent to represent the owners of some or all of the above
clusters of blocks;
o A full powers...
Trusts / Incorporations
(Note: # Trusts = Total Number of Trusts, # Blks with Trusts = Total Number of blocks with a trust, # Blks no Trusts = Total Number of
blocks with no trusts, Area vested(ha) = Total hectares vested in a trust and Area not vested(ha) = Total hectares not vested in any trust)
Rohe # Trusts # Blks with
Trusts
# Blks
no Trusts
Area vested(ha) Area not vested(ha)
Taitokerau 1007...
Trusts / Incorporations
(Note: # Trusts = Total Number of Trusts, # Blks with Trusts = Total Number of blocks with a trust, # Blks no Trusts = Total Number of
blocks with no trusts, Area vested(ha) = Total hectares vested in a trust and Area not vested(ha) = Total hectares not vested in any trust)
Rohe # Trusts # Blks with
Trusts
# Blks
no Trusts
Area vested(ha) Area not vested(ha)
Taitokerau 1007...
A person who has not yet reached the age of 20.
9. Owner(s) of shares of land held within a trust. Beneficiaries are also called the
beneficial owners.
10.
The minimum number of trustees for a
reservation is two people (unless the trustee
is a body corporate 7, such as a Māori trust
board or a Māori incorporation).
A trustee does not have to be an owner
in the land.
Examples of what could be considered ‘simple’ trust matters
include:
• forming a whānau trust for a single owner’s interests or
shares; or
• terminating a kaitiaki trust for a minor when the person
reaches 20 years of age; or
• appointing a trustee to a whānau trust.
Where land is vested in trustees, the
trustees own the land as legal owners on
behalf of the beneficiaries. The beneficiaries
hold their individual shares in the land as
beneficial owners.
Where land is vested in trustees, the
trustees own the land as legal owners on
behalf of the beneficiaries. The beneficiaries
hold their individual shares in the land as
beneficial owners.