Template Comprehensive Whanau Trust Order Final Version 30 June 2020
All payments from the Trust’s bank account must be approved by a majority of the Trustees.
All payments from the Trust’s bank account must be approved by a majority of the Trustees.
You can do this as a registered or guest user. Internet Banking If you live in New Zealand Account name: Ministry of Justice Bank Name: Westpac New Zealand Branch: Wellington Bank Account: 03-0049-0001063-00 Reference: Particulars: Applicant's initial & surname Code: Application type (section of the Act) Reference: District reference number* If you live overseas: Entity...
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 bo...
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...
Documents/Guides-Templates-Factsheets/MLC-maori-reservations-english.pdf (389 kb)
Managing trust funds The trustees must ensure that all money received by or on behalf of the trust is paid without delay into the trust’s bank account.
Documents/Guides-Templates-Factsheets/Ahu-Whenua-Trust-Order-Template-18082025.pdf (444 kb)
The trust is a legal entity, so you can set up a bank account to hold any funds for the beneficiaries.
The trustees or beneficiaries may access the accounts on request. AUDIT OF ACCOUNTS The trust order may require an audit of the accounts each year.
Documents/Guides-Templates-Factsheets/20210715-Trustees-Role-and-Duties.pdf (349 kb)
There are still enforcement issues with this process including the inability to bind third parties who are not privy to the arbitration agreement (such as banks where an order is sought freezing funds).
However, any person included in the trust must consent to their interests being included in the trust.
Documents/Guides-Templates-Factsheets/MLC-succession-english.pdf (1.2 mb)
However, any person included in the trust must consent to their interests being included in the trust.