Transferring shares to trustees
Māori land shares can be transferred, by a
vesting order, to a trustee from a person who
owns, or is entitled to own, Māori land shares.
If the shares are owned by a pūtea trust, trustees will receive
the notice of the meeting but the people who contributed the
shares, not the trustees, will vote.
If the shares are owned by a pūtea trust,
the trustees will receive the notice of the
meeting, but the people who contributed
the shares, not the trustees, will vote.
If the shares are owned by a pūtea trust,
the trustees will receive the notice of the
meeting, but the people who contributed
the shares, not the trustees, will vote.
OR At each General Meeting, two (2) Trustees shall
retire ("the Retiring Trustees") and an election should be held to nominate replacement
trustees.
16.5 The Retiring Trustees shall be selected in the following order:
(a) Any Trusteewho wishes to retire and does not offer to stand for re-election;
(b) The Trusteewho has been longest in office since his or her last election but as
between persons who were last elected