Search results for "who can be a trustee"

Found 263 items matching "who can be a trustee".

Factsheet Legislative changes affecting trusts

Legislative changes affecting trusts Effective from Waitangi Day, 6 February 2021 Updated provisions for removing a trustee The Act now allows for the Māori Land Court to remove a trustee if it is satisfied that they have lost the capacity to perform their functions as a trustee, or that their removal is desirable for the proper execution of the trust (for example because they repeatedly refuse or fail to act as a trustee, they become an undischarged bankrupt, o...

Documents/Guides-Templates-Factsheets/Factsheet-Legislative-changes-affecting-trusts.pdf (303 kb)

MLC Form 35 Exchange order

Whakapapa of any person who is receiving shares in Māori land. Explanatory Notes Where undivided interests or shares in Māori land are to be exchanged the Court has no power to make an order unless the person receiving the shares in a block is either - (i) a child or remoter issue of the owner in that block of the shares to be exchanged, or (ii) a descendant of any former owner who is or was a member of the hapū associated with the land, or (iii) an owner in that land who

Documents/Forms/MLC-Form-35-Exchange-order.pdf (144 kb)