Interest based trusts
Tarati whānau (utu tāpae $68)
Whānau trust (filing fee $68)
A whānau trust combines the interests of a whānau (family) into a single trust.
When you submit an application, you’ll need to include information about the trust and trustees. The Court will review:
day-to-day management of the trust
financial management of the trust
documentation of the trust, and
the terms of the trust.
purpose and object (say, of Trust) te aronga me te pūnga
put in writing tuku ā-pepa
Qq
quorum kōrama
quorum kōrama
responsibility haepapa
responsible trustee tarahitī tūturu
respondent kaiurupare
restriction aukatinga
resumption tāmatatia
retention pupuritanga
review (as in Trust) arotake
revoke taui
right mōtika
right (to land) take whenua
right of first refusal te āheinga mātāmua ki te whakahē
right of renewal mana whakahou
right to be heard...
Trustee duties
Ngā mōhiotanga
Acquaintance
As a trustee you need to know:
what is being administered by the trust (any land or other assets of the trust)
the terms of trust (your powers and responsibilities under the trust order)
all the issues affecting the trust.
Te Hiku Iwi Development Trust
We have started working with Te Hiku Iwi
Development Trust, formed by Ngāi Takoto, Te
Apōuri, and Te Rarawa, on developing a joint
action plan.
Ngā mea
homai noa iho me ngā whenua tuku i raro
hoki i te wāhanga 264 i raro atu i ngā hea
iti rawa e taea ana, kia kore e whakaaengia
e te kaporeihana. E taea ana e te tangata
whai paanga te huri āna hea kia whakatū he
whānau trust 12.
Whenua Māori held by a Māori land trust
3. Where the title to the land is vested in a Māori land trust (e.g. an Ahu Whenua Trust or a
Whānau Trust) the trustees can approve a mortgage against the land subject to any
restrictions in the trust order (ss 147 and 150A of the Act)