Share registers The Māori incorporation is required to establish a share register, an official record of the shareholders. The share register must list the shareholders’ names and addresses and the shares held by each shareholder.
Uploads/MLC-transferring-maori-land-shares-english.pdf (333 kb)
Share registers The Māori incorporation is required to establish a share register, an official record of the shareholders. The share register must list the shareholders’ names and addresses and the shares held by each shareholder.
Uploads/MLC-transferring-maori-land-shares-english-v2.pdf (333 kb)
Share registers The Māori incorporation is required to establish a share register, an official record of the shareholders. The share register must list the shareholders’ names and addresses and the shares held by each shareholder.
Documents/Guides-Templates-Factsheets/MLC-transferring-maori-land-shares-english.pdf (333 kb)
By this means, there is an equitable integration of utilisation of the block with the respective shareholdings of the estate’s beneficiaries and the other owners.
Page 3 For more information visit www.māorilandcourt.govt.nz MLC 07/25 - 21 A descendant of any former owner who is or was a member of the hapū associated with the land.
Documents/Forms/MLC-Form-25-Confirmation-alienation.pdf (108 kb)
Permission from trustees or Māori incorporation Māori land is often managed by a trust or incorporation on behalf of the owners or shareholders. In this case, you can talk directly to the trustees about occupying or building on the land and they can approve your plans without court involvement, if the trust order allows it.
These discussions should focus on: • the rights of beneficial owners and/or beneficiaries and shareholders • the powers of trustees and committee of management members • how trustees and committee members will perform their powers • communicating with beneficial owners and/or beneficiaries and shareholders • what will happen if there are disagreements.
Recording dividends There is a new requirement on incorporations to record the details of dividends paid to shareholders. The record will include the name of each shareholder who received a dividend, the amount paid to the shareholder and the date of each payment.
(If applicable) copy of the minutes of the meeting of owners where consent granted is attached. copy of consents from other owners.
Trustee responsibilities can include: researching options for the whenua on behalf of owners attending regular trustee meetings to discuss and debate plans for the trust communicating with owners and organising hui for owners or trustees to discuss plans for the whenua visiting the whenua regularly to check on the wellbeing of the land, and working with people involved in the whenua or trust, such as a lessee, accountant, or management team.
