Whenua tōpū trusts, again a land management trust, which provide for iwi or hapū based trusts designed to facilitate the use and administration of the land on behalf of a wider class of owner, normally a whānau, hapū or iwi grouping.
Documents/Guides-Templates-Factsheets/MLC-2017-03-03-RDS-Report.pdf (1.1 mb)
The enclosed terms of trust are an example of a COMPREHENSIVE trust order which you may use for your whānau trust.
In your application you’ll need to provide: written consents of the trustees written consents of the beneficiaries evidence of a properly notified meeting(s) held to terminate the trust, and a schedule of land to be removed from the trust and to who those shares will be transferred If you apply to terminate a trust which was set up under section 132(6) of Te Ture Whenua Māori Act (Māori customary land being managed by another Māori land trust
Waiariki PĀNUI He pānuitanga tēnei kia mōhiotia ai ka tū Te Kooti Whenua Māori ki te whakawā, ki te uiui hoki, i ngā tikanga o ngā tono a muri ake - Nau mai, haere mai A Special Sitting At Ōpōtiki Ministry of Justice, District Court, 117 Church Street, Ōpōtiki Tuesday 5 September 2023 Judge T M Wara Presiding PANUI NO: TIME: APPLICATION NO: SECTION: APPLICANT: SUBJECT: SSep1/1 10:20 AM AP-20230000023532 158/93, 164/93 Anthony Selwyn Insley Awanui Haparapar...
Sections 28 to 39 of the Trusts Act 2019. • Not to profit A trustee must not make a profit from the trusteeship of a trust
Documents/Guides-Templates-Factsheets/20210715-Trustees-Role-and-Duties.pdf (349 kb)
More information on whānau trusts can be found in ‘Māori Land Trusts’, available from Māori Land Court offices.
More information on whānau trusts can be found in ‘Māori Land Trusts’, available from Māori Land Court offices.
Documents/Guides-Templates-Factsheets/MLC-succession-english.pdf (1.2 mb)
Whānau trusts A whānau trust can be set up at the time of succession.
Documents/Guides-Templates-Factsheets/MOJ0217.7E-SEP21-Succession-Factsheet.pdf (355 kb)
Ngā puka taupānga me te puka Tarahiti Succession and Trust application forms Form 20: Certificate by administrator Rule 10.2(3), Sections 111 or 113 (PDF 263 kb) Form 21: Succession (grant of administration) Rule 10.2(2)(a), Sections 113 and 117 (PDF 617 kb) Form 22: Succession (no grant of administration) Rule 10.2(1),(2), Sections 113 and 118 (PDF 392 kb) Form 23: Application for whānau trust (with succession) Rule 12.3, Section...
With shares held by individuals becoming increasingly fractionated but shares held in whānau trusts being relatively stable, I foresee a time when these whānau trusts will be major shareholders in trusts and incorporations.
