Banking Practice Note
This practice note has been issued as a guide to assist landowners, lawyers and the banking sector with lending against Māori freehold land (“whenua Māori”).
This practice note has been issued as a guide to assist landowners, lawyers and the banking sector with lending against Māori freehold land (“whenua Māori”).
A vesting order can be used to transfer Māori land shares: • from one person to another on the sale or gift of the shares • to the trustee(s) 6 of the landowners • from a trustee, or representative, to the person beneficially entitled to the shares • to provide a dwelling site for an owner • between owners to facilitate a partition of the land.
Uploads/MLC-transferring-maori-land-shares-english.pdf (333 kb)
A vesting order can be used to transfer Māori land shares: • from one person to another on the sale or gift of the shares • to the trustee(s) 6 of the landowners • from a trustee, or representative, to the person beneficially entitled to the shares • to provide a dwelling site for an owner • between owners to facilitate a partition of the land.
Uploads/MLC-transferring-maori-land-shares-english-v2.pdf (333 kb)
A vesting order can be used to transfer Māori land shares: • from one person to another on the sale or gift of the shares • to the trustee(s) 6 of the landowners • from a trustee, or representative, to the person beneficially entitled to the shares • to provide a dwelling site for an owner • between owners to facilitate a partition of the land.
Documents/Guides-Templates-Factsheets/MLC-transferring-maori-land-shares-english.pdf (333 kb)
Māori trustees and committee of management members are responsible for caring for and managing whenua on behalf of landowners (beneficial owners and beneficiaries). Landowners nominate trustees and elect committee of management members who are then confirmed and appointed by a judge or registrar.
Some people become landowners when land is gifted or transferred to them.
Our key purpose is to promote the retention of Māori land in Māori hands, and to support landowners to use, occupy and develop their whenua for the benefit of all landowners, and their whānau and hapū.
Although written for judges, its public release promotes transparency in the justice system, assists Māori landowners and their advisors, and supports educational purposes.
This judgment is a significant milestone in the Māori Land Court and for Māori landowners. As the first fully bilingual judgment issued in its history, it signals the enhancement of te reo Māori in the Court.
For office contact details, go to www.māorilandcourt.govt.nz/contact-us To download a form from our website, go to www.māorilandcourt.govt.nz/application-forms It is good to kōrero with whānau about whāngai succession before applying to succeed to a deceased landowner’s interests. Make the outcome of those conversations known when making your application.
Documents/Guides-Templates-Factsheets/Factsheet-Succession-for-whangai-web-version.pdf (172 kb)