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One of the great advantages of establishing a marae, papakāinga, meeting place, recreational or sports ground, or wāhi tapu as a Māori reservation is that while the land is a Māori reservation it cannot be alienated. That provides a great deal of protection because the land cannot be sold or gifted away.
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.
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.
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.
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.
Common term for a trust order is a trust deed, which is the term used in the
Trusts Act 2019.
9. A trusteewho is responsible for the administration of the trust, whether or not
the trust property is vested in that trustee.
10.