Conflict of interest arising out of legal practice
Judges should recuse themselves if they served as a legal advisor when in practice on a
matter in issue when in practice.
In addition, where the Court insists on compliance with trustees’ duties adverse comment is sometimes made of the Court’s perceived unjustified intervention. Secondly, when trustees find themselves in difficulty with the result that a trust suffers substantial losses, the Court is criticised for failing to properly supervise trusts and for appointing individuals lacking the necessary ability, experience and knowledge to administer trusts effectively.
With shares held by individuals becoming increasingly fractionated but shares held in whānau trusts being relatively stable, I foresee a time when these whānau trusts will be major shareholders in trusts and incorporations.
SECTION APPLICANT SUBJECT
33 10:15 AM AP-20240000009136 231/93 Māori Trustee He arotakenga I te Araukuku 8D1
Review of the Araukuku 8D Trust
34 10:20 AM AP-20240000009137 231/93 Māori Trustee He arotakenga i te Araukuku 8E1
Trust
Review of the Araukuku 8E1 Trust
35 10:25 AM AP-20240000009132 231/93 Māori Trustee He arotakenga i te Araukuku 6A
Ahu Whenua Trust
Review of the Araukuku 6A Ahu
Whenua Trust
36 10:30 AM AP-202400000112...
SECTION APPLICANT SUBJECT
33 10:15 AM AP-20240000009136 231/93 Māori Trustee He arotakenga I te Araukuku 8D1
Review of the Araukuku 8D Trust
34 10:20 AM AP-20240000009137 231/93 Māori Trustee He arotakenga i te Araukuku 8E1
Trust
Review of the Araukuku 8E1 Trust
35 10:25 AM AP-20240000009132 231/93 Māori Trustee He arotakenga i te Araukuku 6A
Ahu Whenua Trust
Review of the Araukuku 6A Ahu
Whenua Trust
36 10:30 AM AP-202400000112...
Ngā kaiwhaipānga
Beneficiaries
Beneficiaries are the people who benefit from any development(s) from a trust or block of land.
Ngā tukunga
Vest/vested
Vest/vested is when a legal change of ownership from one person to another is made.