This is important because there are numerous examples of Māori land trusts and incorporations that have flourished under the Act, which invites the questions: why have some Māori land blocks succeeded and others have not?
Documents/Judges-corner-articles/MLC-2014-Jun-Judges-Corner-Ambler-J.pdf (191 kb)
The landowners become shareholders, and own shares in the incorporation rather than in an individual land block.
Description Date Māori Land Blocks in New Zealand - National List 23/09/2024 Māori Land Blocks in New Zealand – National List 19/05/2023 Māori Land Blocks in New Zealand - National List 19/07/2022 Māori Land Blocks in New Zealand - National List 08/10/2021 Māori Land Blocks in New Zealand - National List 30/06/2018 Māori Land Blocks in New Zealand - National List 30/06/2017 Māori Land Blocks in New Zealand – National List 30/...
There are shareholdings in that block fractionated down to 4,000ths. The block itself is only about 5 hectares in size.
Kaporeihana whenua Incorporation Unlike trusts, a Māori incorporation is structured like a company and is governed by the Māori Incorporations Constitutions Regulations 1994 .
To transfer Māori incorporation shares, the transferor (the person transferring the shares) must file a transfer of shares form (form 5 of the Māori Incorporations Constitution Regulations 1994) with the secretary of the Māori incorporation.
Documents/Guides-Templates-Factsheets/MOJ0217.3E-OCT21-Transferring-Maori-Land-Shares.pdf (78 kb)
A mortgage or loan may be acquired by: the sole owner of a Māori land block all the owners of a Māori land block acting together the trustees of a Māori land block who are empowered to raise finance against the block, or a Māori Incorporation which holds Māori land.
He pānuitanga tēnei kia mōhiotia ai ka tū Te Kooti Whenua Māori ki te whakawā, ki te uiui hoki, i ngā tikanga o ngā tono a muri ake - Nau mai, haere mai A Special Sitting At Rotorua At Rotorua | Māori Land Court, Hauora House, 1143 Haupapa Street, Rotorua | Or Via Zoom – Meeting ID: 851 0825 3828 | Passcode: 024235 Monday, 7 October 2024 Deputy Chief Judge, C T Coxhead Presiding PĀNUI NO. TIME APPLICATION NO.
Documents/Panui/15.-Waiariki-Special-7-October-2024.pdf (135 kb)
If the whenua is held within a Māori incorporation and a member of the PCA declines an offer to sell or transfer incorporation shares, the incorporation can buy those land shares.
For more information, go online to maorilandcourt.govt.nz/your-maori-land/trusts-and- incorporations Māori trustee The Māori trustee administers many Māori land blocks and distributes money to the owners.
Documents/Guides-Templates-Factsheets/MOJ0217.7E-SEP21-Succession-Factsheet.pdf (355 kb)
