Factsheet for landowners Trustee Act
The Trusts Act does not contain all the law relating to trusts.
Documents/Guides-Templates-Factsheets/Factsheet-for-landowners-Trustee-Act.pdf (68 kb)
The Trusts Act does not contain all the law relating to trusts.
Documents/Guides-Templates-Factsheets/Factsheet-for-landowners-Trustee-Act.pdf (68 kb)
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.
Trustees may be held personally liable, jointly and severally, for any losses a trust may sustain and for other breaches of trust.
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.
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.
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.
Examples of what could be considered ‘simple’ trust matters include: • forming a whānau trust for a single owner’s interests or shares; or • terminating a kaitiaki trust for a minor when the person reaches 20 years of age; or • appointing a trustee to a whānau trust.
Documents/Guides-Templates-Factsheets/Factsheet-Legislative-changes-affecting-trusts.pdf (303 kb)
Governance entities In the context in which I work, we have a range of governance entities, from trusts to incorporations, but no matter what the governance structure is - whether it is an ahu whenua trust, a whānau trust, a whenua tōpū trust, a pūtea trust, a kaitiaki trust, or an incorporation - key governance skills and capabilities are required.
Use this form to indicate that you consent to be appointed as a trustee for any trust involving the jurisdiction of the Māori Land Court.
Documents/Forms/MLC-Document-B1-Consent-trustee.pdf (265 kb)
Māori land trusts Māori land trusts are used to manage whenua owned by multiple people.