MOJ0217.7E SEP21 Succession Factsheet
Whānau trusts A whānau trust can be set up at the time of succession.
Documents/Guides-Templates-Factsheets/MOJ0217.7E-SEP21-Succession-Factsheet.pdf (362 kb)
Whānau trusts A whānau trust can be set up at the time of succession.
Documents/Guides-Templates-Factsheets/MOJ0217.7E-SEP21-Succession-Factsheet.pdf (362 kb)
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 Aw...
Support was given for the formation of a whānau trust. An application to constitute a whānau trust was filed in 2004 and eventually heard in February of 2005.
The enclosed terms of trust are an example of a COMPREHENSIVE trust order which you may use for your whānau trust.
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)
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 tr...
DERIVATION Details of the history of a share or interest to confirm the source of that interest – from whom the shareholder received that share.
Documents/Guides-Templates-Factsheets/MLC-2023-Glossary-of-terms.pdf (385 kb)
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.
Transferring shares from trustees or representatives Māori land shares can be transferred, by a vesting order, from a trustee or representative for someone else to the person who is entitled to be the beneficial owner.
Uploads/MLC-transferring-maori-land-shares-english.pdf (333 kb)
Transferring shares from trustees or representatives Māori land shares can be transferred, by a vesting order, from a trustee or representative for someone else to the person who is entitled to be the beneficial owner.
Uploads/MLC-transferring-maori-land-shares-english-v2.pdf (333 kb)