Where land is vested in trustees, the trustees own the land as legal owners on behalf of the beneficiaries. The beneficiaries hold their individual shares in the land as beneficial owners.
Uploads/MLC-transferring-maori-land-shares-english-v2.pdf (333 kb)
Māori custom. 10. The owner of a beneficial interest in land. Where land is vested in trustees, the trustees own the land as legal owners on behalf of the beneficiaries.
Documents/Guides-Templates-Factsheets/MOJ0217.3E-OCT21-Transferring-Maori-Land-Shares.pdf (78 kb)
But, it is my experience that not all owners will participate even with notice. It is not uncommon for a block of 100-200 owners, for meetings to attract less than 10 owners – and that is on a good day.
AUDITOR A person who checks and examines accounts. BENEFICIAL OWNER The owner of a beneficial interest in land.
Documents/Guides-Templates-Factsheets/MLC-2023-Glossary-of-terms.pdf (278 kb)
Owner(s) of shares of land held within a trust. Beneficiaries are also called the beneficial owners.
Documents/Guides-Templates-Factsheets/MOJ0217.8E-SEP21-Maori-Incorporations-Factsheet.pdf (370 kb)
When searching for ownership it will show: • Owners details • Block associated with that owner • Share amounts • Any Trusts if applicable 2.9 SEARCHING OWNERSHIP TIP: When looking for an owner put a “%” (wildcard) in between the first and last name.
Use this form when transferring interests in Māori Land by sale or gift between owners in the same block, owners and their children or owners and any other member of the preferred class of alienee.
OWNER NAME SEARCH TIPS Step 3 Enter the person’s name (or part of) into the Owner name box if known.
How-do-I-user-guides/Search-for-an-ownership-v1-7.pdf (1.7 mb)
Currently, the land is effectively held in trust until the owners can receive the land. There are 308 original owners.
Full names of owner's children: a. b. c. d. e. f. g. h. 3.
Documents/Forms/MLC-Form-1-General-application-v3.pdf (236 kb)
