Trusts Act 2019 impacts on trusts Effective from 30 January 2021 What do trustees need to do differently? There are new requirements on trustees to keep and share certain information.
Documents/Guides-Templates-Factsheets/Factsheet-for-landowners-Trustee-Act.pdf (68 kb)
This relieves the lessee of the area for the new house and frees the new block from the lease.
Documents/Guides-Templates-Factsheets/MLC-title-improvement-english.pdf (385 kb)
This relieves the lessee of the area for the new house and frees the new block from the lease.
However, if the document needs to be registered against the Land Information New Zealand (LINZ) title 13 to the land, then every trustee must sign it.
Documents/Guides-Templates-Factsheets/MLC-maori-reservations-english.pdf (389 kb)
As for the need to develop special rules to govern this new role, if trustees were instead appointed there would be no need to develop new rules.
Documents/Judges-corner-articles/MLC-2014-Jun-Judges-Corner-Ambler-J.pdf (191 kb)
However, if the document needs to be registered against Toitū Te Whenua – Land Information New Zealand (LINZ) title12 to the land, then every trustee must sign it.
Documents/Guides-Templates-Factsheets/MOJ0217.4E-OCT21-Maori-Reservations.pdf (348 kb)
Note that restrictions on access will apply to any records transferred to Archives New Zealand. See section 7 for further information.
Documents/Guides-Templates-Factsheets/MLC-2017-03-03-RDS-Report.pdf (1.1 mb)
Where appointments are made, there is a great need for trustee training programmes to be available to ensure that new trustees understand their roles and responsibilities.
This relieves the lessee of the area for the new house and frees the new block from the lease.
Documents/Guides-Templates-Factsheets/MOJ0217.5E-OCT21-Title-Improvement.pdf (357 kb)
Conclusion Setting aside land for a new urupā is a significant undertaking for the beneficial owners of the land.
