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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.
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.
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.
Legislative changes affecting incorporations
Effective from Waitangi Day, 6 February 2021
Register of interest and annual declaration
Māori incorporations must establish and maintain an interests
register for the Māori land held by the incorporation.
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).
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).
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).
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.
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.