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)
Legislative changes affecting incorporations Effective from Waitangi Day, 6 February 2021 Register of interest and annual declaration Māori incorporations must establish and maintain an interests register for the Māori land held by the incorporation.
Kaporeihana whenua Incorporation Unlike trusts, a Māori incorporation is structured like a company and is governed by the Māori Incorporations Constitutions Regulations 1994 .
Once your incorporation is up and running, you can apply to make a variety of changes.
This is the case for the largest and most successful trusts and incorporations, such as the Tuaropaki Trust and Mangatu Incorporation, right down to the smallest papakainga trusts.
Documents/Judges-corner-articles/MLC-2014-Jun-Judges-Corner-Ambler-J.pdf (191 kb)
In these cases, the family or personal representative needs to approach the incorporation secretary directly. Entitlement to succession Before 1 July 1993, Māori incorporation shares were dealt with in the same way as other personal property (like cars and cash).
Documents/Guides-Templates-Factsheets/MOJ0217.7E-SEP21-Succession-Factsheet.pdf (355 kb)
The Incorporation (and not the Court) manages the list of shareholders.
Documents/Guides-Templates-Factsheets/MLC-2023-Glossary-of-terms.pdf (278 kb)
Generally, members have a three-year term and can stand for re-election at the incorporation’s annual general meeting (AGM). Māori incorporations are governed by the Māori Incorporations Constitution Regulations 1994 and run independently of the normal court processes that apply to trusts, but do provide annual reports to the Court.
We have trusts and incorporations worth in excess of $100 million. For example: Tuaropaki - $667million, Lake Taupo Forest - $165million, PKW Incorporation - $162million, The Proprietors of Atihau-Whanganui - $178million, to name but a few.
In these cases, the family or personal representative needs to approach the incorporation secretary directly. Entitlement to succession Before 1 July 1993, Māori incorporation shares were dealt with in the same way as other personal property (such as cars and cash).
