These people can be:
• the owner’s children or direct descendants
• any whanaunga of the owner who, in
accordance with tikanga Māori 9, are
associated with the land
• the other beneficial owners 10 of shares in
the same land who are members of the
hapū associated with that land
• the trustees for any of the people referred
to above
• anyone descended from a former owner
of the land who is, or was, a member of
the hapū associated with that land.
These people can be:
• the owner’s children or direct descendants
• any whanaunga of the owner who, in
accordance with tikanga Māori 9, are
associated with the land
• the other beneficial owners 10 of shares in
the same land who are members of the
hapū associated with that land
• the trustees for any of the people referred
to above
• anyone descended from a former owner
of the land who is, or was, a member of
the hapū associated with that land.
These people can be:
• the owner’s children or direct descendants
• any whanaunga of the owner who, in
accordance with tikanga Māori 9, are
associated with the land
• the other beneficial owners 10 of shares in
the same land who are members of the
hapū associated with that land
• the trustees for any of the people referred
to above
• anyone descended from a former owner
of the land who is, or was, a member of
the hapū associated with that land.
No 2 B
Sec 2 Block - Transfer of shares
by way of gift from David John
Climo to Mark Henry Climo
56 12:00 PM AP-20230000020172
A20220013444
164/93,
158/93
Dianne Harris Whakarewarua B & Whirinaki 6I3
- Transfer shares by way of gift
from Dianne Harris to Tami Sharp
57 12:00 PM AP-20230000020538
A20220018836
164/93,
158/93
Charley Toperoa
Kelly-Kaipo
Mimitu Ruarei 4B2H, 4B2J, 4B2K
- Transfer of shares by way of gift
from Charley Topeora Kelly-Kaipo
to Andrew Sandy Kelly, Nicho...
Trust not a separate legal entity
1.2 If the Trust is to enter into any legally binding agreements, arrangements or
understandings with one or more third parties, it is the Trustees who are legally bound on
behalf of the Trust.
In its legal use, this means physical or mental disablement that, in the opinion of
the Court, results in a person lacking, wholly or partly, the competence to manage
their affairs in relation to their property.
8. A person who has not yet reached the age of 20.
9. Owner(s) of shares of land held within a trust.
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.
