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With shares held by individuals becoming increasingly fractionated but shares held in whānautrusts being relatively stable, I foresee a time when these whānautrusts will be major shareholders in trusts and incorporations.
You will also need to provide:
a copy of their death certificate or other evidence of death
an original or certified copy of the will
written confirmation from any spouse or partner who wishes to surrender a lifetime right (if applicable)
consents agreeing to include succession by whāngai (if applicable)
a completed WhānauTrust application, draft trust order, written consent from trustees, and minutes from the hui agreeing to constitute a WhānauTrust (if...
Occupation orders can
now be granted not only to the landowner or any person
entitled to succeed to their interest, but also to beneficiaries
of the whānautrust that holds a beneficial interest in the
land.
CORPUS
The land of the Māori incorporation or trust at the
time it is established, plus any land acquired
later that is declared by the Court to form the
main part of the incorporation or trust.
Page 1 For more information visit www.māorilandcourt.govt.nz MLC 07/25 - 38
APPLICATION
TO ADD, REDUCE, REPLACE OR REMOVE TRUSTEES
Te Ture Whenua Māori Act 1993
Section 239 (Add, Reduce or Replace trustees)
Section 240 (Remove Trustees); or
Section 239 and 338(7) (Add Reduce or Replace Māori Reservation Trustees);
For more information visit www.māorilandcourt.govt.nz
Form 38
Rule 12.8
WHAT IS THIS FORM FOR?
Use this form to add, reduce, replace or (in exceptional c...