Discussion on residential utilisation of multiply owned Māori land
01 Jun 2012 | NewsBy 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.
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.
Fee: $ 228.00 CHECKLIST OF DOCUMENTS REQUIRED: Statement signed by alienee setting out how he or she is a member of the preferred class (if applicable), including any necessary whakapapa details Original instrument of alienation, properly executed and attested, and two copies Special valuation of the land any improvements thereon, or interests in the land, by a registered valuer; or Page 4 For more information visit www.māorilandcourt.govt.nz MLC 07/25 - 21 Application for exemption fro...
Documents/Forms/MLC-Form-25-Confirmation-alienation.pdf (108 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.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)
Shareholders and beneficiaries may access records or any other information about the trust and you must be able to provide information upon request.
If the individual owns more shares than are needed for an occupation order of this size, the rest of the shares remain in the block for the use of all the shareholders. It is important to bear in mind that an occupation order is not like a partition, where your whole shareholding is taken out of the block.
The register can be in either physical form or electronic, kept at the registered office or principal place of business, and must be made available for inspection by shareholders or any person authorised in writing by a shareholder.
The landowners become shareholders, and own shares in the incorporation rather than in an individual land block.
I am/we are the owner/owners in the above named block and hold.................................................................................................shares out of a total of................................................................................................................shares in the said land; or I am a person entitled to succeed to the beneficial interests of.......................................................................................being a deceased owne...