Template Comprehensive Whanau Trust Order Final Version 30 June 2020
All withdrawals on the Trust’s bank account must be signed or authorised by two (2) Trustees.
All withdrawals on the Trust’s bank account must be signed or authorised by two (2) Trustees.
You can do this as a registered or guest user. Internet Banking If you live in New Zealand Account name: Ministry of Justice Bank Name: Westpac New Zealand Branch: Wellington Bank Account: 03-0049-0001063-00 Reference: Particulars: Applicant's initial & surname Code: Application type (section of the Act) Reference: District reference number* If you live overseas: Entity...
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 MLC all records, accounts books and vouchers in possession or control of the trustees for examination by the Court • keep a minute bo...
Documents/Guides-Templates-Factsheets/MOJ0217.4E-OCT21-Maori-Reservations.pdf (348 kb)
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...
Documents/Guides-Templates-Factsheets/MLC-maori-reservations-english.pdf (389 kb)
The trust is a legal entity, so you can set up a bank account to hold any funds for the beneficiaries.
For each financial year the trust’s gross annual income or gross annual expenditure exceeds $100,000, the trust’s accounts are to be audited. Managing trust funds The trustees must ensure that all money received by or on behalf of the trust is paid without delay into the trust’s bank account.
Documents/Guides-Templates-Factsheets/Ahu-Whenua-Trust-Order-Template-18082025.pdf (444 kb)
The trustees or beneficiaries may access the accounts on request. AUDIT OF ACCOUNTS The trust order may require an audit of the accounts each year.
Documents/Guides-Templates-Factsheets/20210715-Trustees-Role-and-Duties.pdf (349 kb)
Controlling Trust funds 7.2 The Trustees must ensure that all money received by or on behalf of the Trust is paid without delay into the Trust's bank account. 7.3 The Trustees must keep a detailed record of all receipts and payments of Trust funds. 7.4 No debt is to be incurred by the Trustees other than by approval prior to the incurring of the debt, or at the Trustee Meeting that immediately follows the incurring of the debt on their behalf. 12 7.5...
For example, you may need to provide your bank account details and an IRD number. Mēnā kāore koe i te whakaae ki te putanga If you disagree with the outcome If you don’t agree with a decision made by the Māori Land Court, you can consider appealing the outcome of your application.
The personal representative is responsible for making sure that all the details in the will are finalised. However, if the estate is small the family may decide not to seek probate from the High Court.