Awaiting Administrative Action
A20140004863 4/04/2014 CJ 2014/1 - Tangoio South 1A,1E,1F,1X, 2B, 2C, 2G, 4X,5X, 6X, 7X, 8A, 8X, 9X, 10, 12B, 27I and 27L Blocks - and an order vesting the land in the aggregate owners made at 129 Napier MB 31-35 on
12/02/1990 - Application to the Chief Judge
45/93 David Puna 1.
NOTIFYING BENEFICIAL OWNERS OF A GENERAL OR SPECIAL MEETING
12.1 The Trustees must take all reasonable steps to notify the Beneficial Owners that a General
or Special Meeting of Beneficial Owners is to be held ("Notice").
Comment Box
While the land and any other property vested in the trust is held and used for the benefit of the beneficial
owners, the beneficial owners are not the legal owners.
So we are dealing with multiple owners averaging 85 owners per title – the lowest 10% averaging 1 owner to each title, and the highest 10%, averaging 629 owners in each title.