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Committee members employed by
the incorporation – conflict of interest
A committee member may be employed
by, or make a contract 5 with, 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
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
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
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.
Records include:
o Schedules of land vested in the incorporation
o Annual reports, financial reports and accounts of the incorporation
o Information about management structures and membership
o Order of incorporation
o Copies of court orders
o Court directions
o Correspondence between the court and the incorporation
o Winding up of incorporations
Trust records: The Māori Land Court has exclusive jurisdiction to create certain types of
trust...
Accordingly, under the Act the engaged owners presently make decisions about their
land through the legal structures of trusts and incorporations. The vast majority of
trusts and incorporations function despite the fact that the engaged owners continue
to be a minority, often a mere 5 to 10% of the owners.
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).