The blocks of land are no longer separate (refer to section 307 of Te Ture Whenua Māori Act 1993). 26. Money that is derived from assets held and earnings (such as rent and interest) but not ‘purchase money’ (land converted into money). 27.
Documents/Guides-Templates-Factsheets/MOJ0217.8E-SEP21-Maori-Incorporations-Factsheet.pdf (370 kb)
A trustee who is responsible for the administration of the trust, whether or not the trust property is vested in that trustee. 10. Money that is derived from assets held and earnings (such as rent and interest) but not ‘purchase money’ (land converted into money).
Documents/Guides-Templates-Factsheets/MOJ0217.1E-OCT21-Maori-Land-Trusts.pdf (341 kb)
Mortgagee: An organisation (or person) that lends money to a mortgagor, and as a part of the agreement to lend this money receives a mortgage over the mortgagor’s land.
HAPŪ A sub-tribe or kin group that is linked by a common ancestor. INCOME Money that is derived from assets held and earnings (such as rent and interest) but not “purchase money” (land converted into money).
Documents/Guides-Templates-Factsheets/MLC-2023-Glossary-of-terms.pdf (278 kb)
A certificate, signed by the Māori trustee or the court-appointed agent or trustee or the alienor, that the money has been paid, is sufficient evidence to satisfy the Court.
Documents/Guides-Templates-Factsheets/MOJ0217.3E-OCT21-Transferring-Maori-Land-Shares.pdf (78 kb)
The trustees can be employed by the trust or have an interest in any contract11 with the trust, but they must not vote or 10. Money that is derived from assets held and earnings (such as rent and interest) but not ‘purchase money’ (land converted into money). 11.
Documents/Guides-Templates-Factsheets/20210715-Trustees-Role-and-Duties.pdf (349 kb)
If requested by the family, the MLC can direct that money held be used to pay for such things as funeral expenses.
Documents/Guides-Templates-Factsheets/MOJ0217.7E-SEP21-Succession-Factsheet.pdf (355 kb)
The amount of new shares in an amalgamated block is proportionate to the value of the shares in the former blocks. 7 13 Money that is derived from assets held and earnings (such as rent and interest) but not “purchase money” (land converted into money). 14 An order of the Māori Land Court that sets out: the objectives of a trust; the powers, obligations, and rights of trustees; and the rights of the beneficiaries. 8 Leases and mortgages an amalgamation orde...
Documents/Guides-Templates-Factsheets/MLC-title-improvement-english.pdf (385 kb)
The amount of new shares in an amalgamated block is proportionate to the value of the shares in the former blocks. 7 13 Money that is derived from assets held and earnings (such as rent and interest) but not “purchase money” (land converted into money). 14 An order of the Māori Land Court that sets out: the objectives of a trust; the powers, obligations, and rights of trustees; and the rights of the beneficiaries. 8 Leases and mortgages an amalgamation orde...
Some marae are lucky enough to be supported, at least in part, by ahu whenua land trusts which may make donations, in money or in kind, to keep the marae running. A similarly difficult situation arises in relation to papakāinga.
