1 Notification of applications that have not been finally determined (over 6 months old) 31 May 2024 TAKE NOTICE THAT the following schedule of applications are hereby notified pursuant to rule 5.
Documents/5-11-reports/Notification-of-Applications-over-6-months-old-31-May-2024.pdf (1.7 mb)
Minimum shareholding The Māori incorporation may decide to set a minimum shareholding.
Minimum shareholding The Māori incorporation may decide to set a minimum shareholding.
Documents/Guides-Templates-Factsheets/MLC-incorporations-english.pdf (856 kb)
MINIMUM SHAREHOLDING The Māori incorporation may decide to set a minimum shareholding.
Documents/Guides-Templates-Factsheets/MOJ0217.8E-SEP21-Maori-Incorporations-Factsheet.pdf (370 kb)
The most pressing problem is in relation to individual shareholdings and participation of shareholders in the management of their land.
Because the original titles remain, there is no requirement to survey the overall land, as there is with an amalgamation. Shareholdings The basis for calculating the new shareholdings is the same as for amalgamations.
Because the original titles remain, there is no requirement to survey the overall land, as there is with an amalgamation. Shareholdings The basis for calculating the new shareholdings is the same as for amalgamations.
Documents/Guides-Templates-Factsheets/MLC-title-improvement-english.pdf (385 kb)
In each case, the opinion of the owners or shareholders must be taken into account. The MLC must consider the: • opinions of the owners or shareholders • effect of the proposal on the interests of owners or shareholders of a Māori incorporation5 • best overall use and development of the land.
Documents/Guides-Templates-Factsheets/MOJ0217.5E-OCT21-Title-Improvement.pdf (357 kb)
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.
Shareholders in the aggregated list will become shareholders in all land blocks included in the aggregation, so the value of shares in each pre-aggregated block is important.
