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 Regulations 1994) with the secretary of the Māori incorporation.
Documents/Guides-Templates-Factsheets/MLC-transferring-maori-land-shares-english.pdf (333 kb)
(c) Where the Incorporation doesn’t have a constitution, it is governed by the Maori Incorporation Constitution Regulations 1994 (s 268 of the Act). 10.
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)
Once your incorporation is up and running, you can apply to make a variety of changes.
Kaporeihana whenua Incorporation Unlike trusts, a Māori incorporation is structured like a company and is governed by the Māori Incorporations Constitutions Regulations 1994 .
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.
