Reflections after nearly 20 years as a Māori Land Court
01 Nov 2013 | NewsThere are shareholdings in that block fractionated down to 4,000ths. The block itself is only about 5 hectares in size.
There are shareholdings in that block fractionated down to 4,000ths. The block itself is only about 5 hectares in size.
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 (362 kb)
The landowners become shareholders, and own shares in the incorporation rather than in an individual land block.
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.
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)
Kaporeihana whenua Incorporation Unlike trusts, a Māori incorporation is structured like a company and is governed by the Māori Incorporations Constitutions Regulations 1994 .
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.
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).
Documents/Guides-Templates-Factsheets/MLC-succession-english.pdf (1.2 mb)
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).
Management Structures (Note: This includes management structure types of Ahu Whenua Trusts, Whenua Tōpū Trusts, Pūtea Trusts, Māori Incorporations, Maori Reservations and Other trusts) Rohe # Structures # Blks with Structures # Blks without Structures Area vested (ha) Area not vested (ha) Taitokerau 1,123 1,479 4,178 81,661.3200 (57%) 61,327.6433 (43%) Waikato-Maniapoto 1,313 1,740 2,254 97,553.7494 (76%) 30,265.1933 (24%) Waiariki 2,205 2,497 2,887 287,231.8928 (89...
Documents/Maori-Land-Updates/Maori-Land-Update-2023.pdf (186 kb)