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The audited accounts will be presented to beneficiaries at the next general meeting.
4.8 The accounts must be available for trustees to inspect at every trustees' meeting.
4.9 The trustees will seek funding from relevant agencies to maximise the wellbeing of the marae.
Records
4.10 The trustees will maintain and secure all records and property of value (including taonga).
4.11 The trustees will establish and maintain an up to date register of beneficiaries.
5.
Administration of
reservations
Records and accounts
The trustees are required to:
• keep and maintain accurate and up-to-date
records and accounts of the reservation
• maintain a bank account for the reservation
and ensure that the bank account is
operated by at least two signatories
• at any time, give the Māori Land Court all
records, accounts books, and vouchers in
possession or control of the trustees for
examination by the Court
• keep a minute book of tru...
You also need to update your records when a surviving
spouse passes away or remarries and income rights pass
to the successors, similar to the current process when life
interests end.
