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Having stated all the positive and less positive factors, it seems that we have a situation that makes absolute sense in a cultural context but, which is becoming increasingly difficult in an economic sense.
General powers of Trustees
1.3 The Trustees have the following general powers:
(a) all the powers necessary to manage the Trust Property including, in relation to
the Trust Property, all the powers of an absolute owner of the property; and
(b) all the powers necessary to carry out the terms of the Trust, including powers
incidental to those in paragraph (a).
This
person or body would be appointed to administer under-utilised Māori land where
there is absolutely no engagement by the owners. Māori bodies in addition to Te
Tumu Paeroa (the Māori Trustee), such as Post Settlement Governance Entities and
Māori trusts and incorporations, will be eligible to undertake the role.
NGĀ KAPOREIHANA MĀORI TE TURE WHENUA MĀORI ACT 1993
MĀORI INCORPORATIONS
TE TURE WHENUA MĀORI ACT 1993
The Māori Land Court (Te Kooti Whenua
Māori) is the New Zealand court that hears
matters relating to Māori land.
NGĀ KAPOREIHANA MĀORI TE TURE WHENUA MĀORI ACT 1993
MĀORI INCORPORATIONS
TE TURE WHENUA MĀORI ACT 1993
The Māori Land Court (Te Kooti Whenua
Māori) is the New Zealand court that hears
matters relating to Māori land.
The concept of mana for Māori as a political
power denoted absolute authority. It was absolute in the sense that it was commensurate with
independence that was exercised by hapū and an exercise of authority that could not be interfered with
by others.
If, within 12 months after the list has been included in the
register of Māori incorporations, no claim has been lodged
for unclaimed dividends, the committee of management
may authorise the transfer of these dividends to the Māori
incorporation absolutely, and they may be used as if they
were income derived from the operations of the Māori
incorporation.
