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TRANSFERRING MĀORI
LAND SHARES
TE TURE WHENUA MĀORI ACT 1993
Disclaimer
While every effort has been made to ensure the accuracy
of this publication, it has been written, edited, published,
and made available strictly on the basis that its authors,
editors, and publishers are excluded from any liability for
anything done or…
For
instance, they may own block A and also have an interest in
block B. With the consent of the other owners of both blocks,
and by making an application to the MLC for a combined
partition, the interests could be combined to create the new
block Z.
A
composite title is issued to each house owner, comprising: (a) the freehold share
of the lessee in the whole block and (b) the leasehold interest of the lessee in the
individual site.
(c) Failure by the Occupier to comply with any terms of this Schedule (save those
referred to in clause 11(b)) constitutes a non-material breach of these terms.
Mandatory Trustee duties
3.6 Each Trustee must perform the following mandatory duties:
(a) Each Trustee must know the terms of the Trust.
(b) Each Trustee must act in accordance with the terms of the Trust.