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For
example: selling land gives the new owner
the ownership rights, leasing land gives the
lessee a limited right to occupy land in return
for payment of rent (and other conditions),
mortgaging land gives the mortgagee the
right to sell the land if the mortgage is not
repaid (refer to section 4 of the Act).
For
example: selling land gives the new owner
the ownership rights, leasing land gives the
lessee a limited right to occupy land in return
for payment of rent (and other conditions),
mortgaging land gives the mortgagee the
right to sell the land if the mortgage is not
repaid (refer to section 4 of the Act).
For
example: selling land gives the new owner
the ownership rights, leasing land gives the
lessee a limited right to occupy land in return
for payment of rent (and other conditions),
mortgaging land gives the mortgagee the
right to sell the land if the mortgage is not
repaid (refer to section 4 of the Act).
FINANCIAL MATTERS
5.1
5.2
Control of funds
All monies received by or on behalf of the Trust must be paid to the credit of the Trust’s
bank account. All payments from the Trust’s bank account must be approved by
a majority of the Trustees.
Local Government (Rating) Act 2002
The Local Government Act 2002 has power to grant and discharge charging orders over Māori land for payment of outstanding rates. Ngā kupu ture
Legal terms
Read about the legal terms used in the Māori Land Court.
If they need to enter Māori land, they must ask for the landowner’s permission in writing at least 30 working days before the date they plan to enter. Getting permission is important so water service providers can do their work and landowners know what is happening on their land.
Sometimes the Māori
Land Court is asked by the family to direct
the payment of money held (for example,
to settle the funeral account), and the Court
can do this.
Sometimes the Māori
Land Court is asked by the family to direct
the payment of money held (for example,
to settle the funeral account), and the Court
can do this.