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SECTION APPLICANT SUBJECT
SP3 10:30 AM AP-20250000001570 241/93
242/93
Aroha French He tauwehenga i ētahi pānga
whenua atu i te Lake Taupō
Forest Trust
Removal of land interests
(Tauranga Taupō 2B 1B) from
Lake Taupō Forest Trust and
payment of funds held in trust
from Lake Taupō Forest Trust
FINANCIAL MATTERS
5.1
5.2
Control of funds
All monies received by or on behalf of the Trust must be paid to the credit of the Trust’s
bank account. All payments from the Trust’s bank account must be approved by
a majority of the Trustees.
Local Government (Rating) Act 2002
The Local Government Act 2002 has power to grant and discharge charging orders over Māori land for payment of outstanding rates. Ngā kupu ture
Legal terms
Read about the legal terms used in the Māori Land Court.
Sometimes the Māori
Land Court is asked by the family to direct
the payment of money held (for example,
to settle the funeral account), and the Court
can do this.
Sometimes the Māori
Land Court is asked by the family to direct
the payment of money held (for example,
to settle the funeral account), and the Court
can do this.
The applicant is responsible for ensuring that any subdivision meets the requirements of the law and making payment of any costs associated with the subdivision, such as a new survey, titles, and resource consents.
Any meeting fees or honoraria need to be approved by us so we can ensure that you have the broad support of your beneficiaries or shareholders, and that the business of the trust can afford to make such payments.
Te utu i ngā tāngata tika
Pay the right people
You must ensure that the funds received for the trust are applied for the benefit of the shareholders or beneficiaries of that trust.
1
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