A person who has not yet reached the age of 20. 9. Owner(s) of shares of land held within a trust. Beneficiaries are also called the beneficial owners. 10.
Documents/Guides-Templates-Factsheets/MOJ0217.4E-OCT21-Maori-Reservations.pdf (348 kb)
A copy of the notice of the meeting given to the beneficial owners is attached (including any newspaper advertisement. 7.
Documents/Forms/MLC-Form-38-Application-to-add-reduce-replace-or-remove-trustees-202104.pdf (299 kb)
Currently, the land is effectively held in trust until the owners can receive the land. There are 308 original owners.
After they confirm who the owners are, the trustees will look at ways the land could be used to generate income and provide benefits for all owners.
Persons bound to deal with property on behalf of the owners or beneficiaries. The trustee becomes the legal owner when the order appointing them as trustee for the land is registered against the title.
Documents/Guides-Templates-Factsheets/20210715-Trustees-Role-and-Duties.pdf (349 kb)
It is also rarely being used by owners in their capacity as owners. If they have possession of the land they will have, in most cases, an Occupation Order or a leasing arrangement with the owners.
These rules ensure that the Act’s kaupapa is met – to promote the retention of Māori land in the hands of its owners and their whānau and hapū 4 and to facilitate the occupation, development, and utilisation of that land for the benefit of its owners and their whānau and hapū.
These rules ensure that the Act’s kaupapa is met – to promote the retention of Māori land in the hands of its owners and their whānau and hapū 4 and to facilitate the occupation, development, and utilisation of that land for the benefit of its owners and their whānau and hapū.
Documents/Guides-Templates-Factsheets/MLC-incorporations-english.pdf (856 kb)
A trustee does not have to be an owner in the land. The Court, though, needs to be satisfied that the trustee is a “worthy appointee”.
Documents/Guides-Templates-Factsheets/MLC-maori-reservations-english.pdf (389 kb)
The trustees were able to grant licences to occupy to owners within their respective areas to enable them to obtain Housing Corporation finance under the papakāinga housing scheme.
