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CONDUCTING A GENERAL OR SPECIAL MEETING
13.1 The number of Beneficial Owners required to be at a General or Special Meeting in order
to conduct the business of that meeting ("Quorum") is [___] Beneficial Ownersof this
Trust present for the duration of the meeting.
13.2 At the General Meeting the Trustees must present to the Beneficial Owners the reports
and financial statements for the Financial Year that immediately preceded the...
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in looking at these matters, the Māori Land
court must consider:
• the opinions of the owners or
shareholders
• the effect of the proposal on the interests
of the owners or the shareholders of a
Māori incorporation
• the best overall use and development of
the land.
in looking at these matters, the Māori Land
court must consider:
• the opinions of the owners or
shareholders
• the effect of the proposal on the interests
of the owners or the shareholders of a
Māori incorporation
• the best overall use and development of
the land.
Reports and accounts
The Trustees must:
(a) keep proper annual accounts;
(b) if the gross annual income of the Trust is greater than $10,000, arrange for the
annual accounts to be prepared by a chartered accountant;
(c) at each general meeting of the Beneficiaries, produce reports and accounts for
each year in respect of which they have not earlier presented reports and
accounts.
The MLC must consider the:
• opinions of the owners or shareholders
• effect of the proposal on the interests ofowners or
shareholders of a Māori incorporation5
• best overall use and development of the land.
Māori Reservations is one of a series of Māori
Land Court booklets designed to help Māori
– and anyone else with an interest – to gain
a fuller understanding ofcurrent Māori land
matters.
S Blocks without a management structure have an average size of 15.39ha and average 45 owners.
S Overall, an average Māori land block has a size of 53.06ha and 114 owners.