Interest based trusts
Tarati whānau (utu tāpae $68)
Whānau trust (filing fee $68)
A whānau trust combines the interests of a whānau (family) into a single trust.
The exception, of course, is the election of their representative on the ahu whenua trust before its inaugural AGM. Accordingly, whilst all the beneficiaries of the respective whānau trusts are also beneficiaries of the ahu whenua trust, there is no election of trustees at an ahu whenua trust AGM.
Support was given for the formation of a whānau trust. An application to constitute a whānau trust was filed in 2004 and eventually heard in February of 2005.
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.
When you submit an application, you’ll need to include information about the trust and trustees. The Court will review:
day-to-day management of the trust
financial management of the trust
documentation of the trust, and
the terms of the trust.
1
Māori Land Update –
Ngā Āhuatanga o te whenua
June 2015 | Pipiri 2015
This update is issued by the Office of the Chief Registrar, Māori Land Court | Te Kooti Whenua Māori
as part of the ongoing efforts to help inform and assist owners, organisations and government
agencies about the characteristics of Māori Customary and Māori Freehold Land.
Trusts
(Note: The term trusts includes all types of management structure, including Ahu Whenua
1
Māori Land Update –
Ngā Āhuatanga o te whenua
June 2015 | Pipiri 2015
This update is issued by the Office of the Chief Registrar, Māori Land Court | Te Kooti Whenua Māori
as part of the ongoing efforts to help inform and assist owners, organisations and government
agencies about the characteristics of Māori Customary and Māori Freehold Land.
Trusts
(Note: The term trusts includes all types of management structure, including Ahu Whenua
Trustee duties
Ngā mōhiotanga
Acquaintance
As a trustee you need to know:
what is being administered by the trust (any land or other assets of the trust)
the terms of trust (your powers and responsibilities under the trust order)
all the issues affecting the trust.
