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Administration of reservations RECORDS AND ACCOUNTS The trustees are required to: • keep and maintain accurate and up‑to‑date records and accounts of the reservation • maintain a bank account for the reservation and ensure that the bank account is operated by at least two signatories • at any time, give the MLC all records, accounts books and vouchers in possession or control of the trustees for examination by the Court • keep a minute book of trustees’ meetings and resolutions....

Documents/Guides-Templates-Factsheets/MOJ0217.4E-OCT21-Maori-Reservations.pdf (348 kb)

Administration of reservations Records and accounts The trustees are required to: • keep and maintain accurate and up-to-date records and accounts of the reservation • maintain a bank account for the reservation and ensure that the bank account is operated by at least two signatories • at any time, give the Māori Land Court all records, accounts books, and vouchers in possession or control of the trustees for examination by the Court • keep a minute book of trustees’ meetin...

Documents/Guides-Templates-Factsheets/MLC-maori-reservations-english.pdf (389 kb)

The treasurer should ensure that: • the signatories to the trust account have the authority to sign and that their authorities are lodged with the bank • financial information is available for the annual financial report • the trustees are aware of any limits to their financial authority and that any authorised payments do not exceed those limits • a record is kept of all financial transactions and of related documentation, such as invoices and receipts • all funds are accounte...

Documents/Guides-Templates-Factsheets/20210715-Trustees-Role-and-Duties.pdf (349 kb)