MLC 2023 Glossary of terms
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)
Search results for "owners shareholders"
Whakahaerehia ō whenua
Manage your land
Māori incorporations Whenua owned by several people can be administered through a Māori incorporation, which becomes the legal owner of the land and assets vested in it. The landowners become shareholders, and own shares in the incorporation rather than in an individual land block.
Standard Ahu Whenua Trust Order with Checklist and Disclaimer
NOTIFYING BENEFICIAL OWNERS OF A GENERAL OR SPECIAL MEETING 12.1 The Trustees must take all reasonable steps to notify the Beneficial Owners that a General or Special Meeting of Beneficial Owners is to be held ("Notice").
Discussion on the (now completed) Māori Freehold Land Registration Project
01 Feb 2012 | NewsBut, 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.
Discussion on Māori Governance
01 Feb 2013 | NewsIn some instances this is because the land has only one or just a few owners, or because the land is unsuitable for any form of development and owners have decided to leave it in its natural state.
Amendments to Te Ture Whenua Maori Act 1993 December 2020
Benefits Descendants are involved as owners of the land and exercise their voting rights sooner.
Kuputaka Reo Maori Comms
Purpose and object (say, of Trust) Te aronga me te pūnga put in writing tuku ā-pepa Qq Rr Quorum Kōrama rates tāke kaunihera recommendation recommending tūtohutanga e tūtohutia ana Reconsideration Huritao tuarua record of inquiry pūranga tuhinga mō te ruku tātari redress puretumu reduce (as in Trustee) whakahekea te nama re-examination uiui turuki / uiui tāpiripiri reference tohutoro registrar rēhita relevant whai take relief whakaoranga remainder pānga whai t...
Documents/Guides-Templates-Factsheets/Kuputaka-Reo-Maori-Comms.pdf (23 mb)
MLC 2017 03 03 RDS Report
A Māori incorporation is a structure similar to a company and any land or assets are vested in the Incorporation. Former land owners become shareholders in the Incorporation rather than owners in the land.
Documents/Guides-Templates-Factsheets/MLC-2017-03-03-RDS-Report.pdf (1.1 mb)
Ngā kupu ture
Legal terms
The interests are not split between them – they are co-owners. If one owner dies, the other joint tenant(s) automatically succeed to the interest that the deceased joint tenant held.
MLC 150 years of the Maori Land Court
The intended amendments are designed to provide a strong platform for Māori land owners, to give Māori land owners more autonomy and, if they so choose, support to realise the economic potential of their land.
Documents/Guides-Templates-Factsheets/MLC-150-years-of-the-Maori-Land-Court.pdf (11 mb)