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Support was given for the formation of a whānautrust. An applicationto constitute a whānautrust was filed in 2004 and eventually heard in February of 2005.
Currently, this ranges from sale and long
term lease decisions to the establishment of trusts and incorporations to ratifying the
decisions of assembled owners.
A vesting order can be used to transfer
Māori land shares:
• from one person to another on the sale
or gift of the shares
• to the trustee(s) 6 of the landowners
• from a trustee, or representative, to the
person beneficially entitled to the shares
• to provide a dwelling site for an owner
• between owners to facilitate a partition
of the land.
A vesting order can be used to transfer
Māori land shares:
• from one person to another on the sale
or gift of the shares
• to the trustee(s) 6 of the landowners
• from a trustee, or representative, to the
person beneficially entitled to the shares
• to provide a dwelling site for an owner
• between owners to facilitate a partition
of the land.
A vesting order can be used to transfer
Māori land shares:
• from one person to another on the sale
or gift of the shares
• to the trustee(s) 6 of the landowners
• from a trustee, or representative, to the
person beneficially entitled to the shares
• to provide a dwelling site for an owner
• between owners to facilitate a partition
of the land.
In your application you’ll need to provide:
evidence that demonstrates that they have failed to carry out their duties, breached our Act or the constitution or acted in a manner that is incompatible with membership on the committee
evidence of any meetings (or attempts to call a meeting) to consider the proposed removal, and
evidence to show general support for the proposed removal.
With shares held by individuals becoming increasingly fractionated but shares held in whānautrusts being relatively stable, I foresee a time when these whānautrusts will be major shareholders in trusts and incorporations.