Owners Information

Scholarships

As an owner are you looking at taking up some more study next year, for yourself or for your children?  

Did you know that owners and whānau of both Trusts are eligible to join the Wellington City online library site for free, which gives you free access to view the Generosity New Zealand (formerly Funding Information Service) website that has access to thousands of grants and scholarships!  

One of those grants might be just right for you, your tamariki, your mokopuna, for anyone in the whānau.

Join the library by going to http://www.wcl.govt.nz/about/joining/ and once you have your membership to the Wellington City Council Library you can log on to the Generosity NZ site and view the grants: http://echeck.wcl.govt.nz/login?qurl=http%3A%2F%2Fapps.generosity.org.nz%2FgivME

 

Scholarships

As an owner are you looking at taking up some more study next year, for yourself or for your children?  

Did you know that owners and whānau of both Trusts are eligible to join the Wellington City online library site for free, which gives you free access to view the Generosity New Zealand (formerly Funding Information Service) website that has access to thousands of grants and scholarships!  

One of those grants might be just right for you, your tamariki, your mokopuna, for anyone in the whānau.

Join the library by going to http://www.wcl.govt.nz/about/joining/ and once you have your membership to the Wellington City Council Library you can log on to the Generosity NZ site and view the grants: http://echeck.wcl.govt.nz/login?qurl=http%3A%2F%2Fapps.generosity.org.nz%2FgivME

 

 

WESTPAC Platinum Pack

We've got together with Westpac Banking Corporation to offer owners the Iwi Platinum Pac. This means that owners can enjoy a range of special discounts on Bank Accounts, Credit Cards, Insurances, Personal Loans and Home Loans. To find our more pop into Westpac Petone branch or call Margaret on 04 5681530.

 

 

Writing a Will – Te Ture Whenua Māori Bill Succession Provisions

Bruce Farquhar our Legal Advisor has provided some advice to owners about changes in the succession process, with the greatest change occurring for people who do not hold a Will, known as intestacy.

The most prudent way to deal with potential succession issues is to ensure that a beneficial owner has a current Will, not only for succession purposes but their estate in general. This will allow the beneficial owner the opportunity to set out exactly what is to happen to the shareholding and is the most definitive proof of those wishes.

Once the Bill is passed in Parliament, if a person dies intestate an eligible beneficiary/ies may apply to the Chief Executive to succeed the land interest/s. An eligible beneficiary is defined as:

  • Surviving children
  • Surviving siblings
  • Surviving parents
  • Surviving siblings of the parents

If however there is more than one eligible beneficiary then a Whānau Trust must be established unless the eligible beneficiaries don’t want this and if that is the case they must make application to the Māori Land Court.

At the first stage it is a process run by the new Māori Land Service and not the Māori Land Court. This is a big change as the Māori Land Court conducted thorough investigations when considering successions. We do not know how this will look post the enactment of the Bill.

A Will is a document that must be accurate including both the content and the execution, so Bruce has prepared this Will Instruction Form for your will, along with a Will Template. Please click on these links for the forms. Physical copies are available from the Executive Office. The process is straightforward and results in clear instructions to the administrators of the estate. Both Landed Trusts encourage owners to complete their Wills

 

 

Unclaimed Distributions

The Trust has been doing some work to find people for whom the Trust hold unclaimed distributions however WE NEED YOUR HELP. Please take a look at the Unclaimed Distributions List here and let us know if you know any of the persons on the list. 

 

 

Contact Details

It is important that the Trust hold current contact details for beneficial owners. Of utmost importance is a postal address, bank account details and IRD numbers (so we can pay distributions) and a contact phone number. It would be fantastic if you could give us your email address too.

Have you moved? – please let us know your new address.

Bank Account details – We want to move from sending out cheques to depositing it into your bank account. Having your bank account details is a more efficient way of paying you, is quicker, and safer. If you received a cheque last year, please contact us, we will email or post to you a Change of Details Form for you to fill in, sign, and return to us. Your distribution will then be paid directly into your bank account.

 

WESTPAC Platinum Pack

We've got together with Westpac Banking Corporation to offer owners the Iwi Platinum Pac. This means that owners can enjoy a range of special discounts on Bank Accounts, Credit Cards, Insurances, Personal Loans and Home Loans. To find our more pop into Westpac Petone branch or call Margaret on 04 5681530.

 

 

Writing a Will – Te Ture Whenua Māori Bill Succession Provisions

Bruce Farquhar our Legal Advisor has provided some advice to owners about changes in the succession process, with the greatest change occurring for people who do not hold a Will, known as intestacy.

The most prudent way to deal with potential succession issues is to ensure that a beneficial owner has a current Will, not only for succession purposes but their estate in general. This will allow the beneficial owner the opportunity to set out exactly what is to happen to the shareholding and is the most definitive proof of those wishes.

Once the Bill is passed in Parliament, if a person dies intestate an eligible beneficiary/ies may apply to the Chief Executive to succeed the land interest/s. An eligible beneficiary is defined as:

  • Surviving children
  • Surviving siblings
  • Surviving parents
  • Surviving siblings of the parents

If however there is more than one eligible beneficiary then a Whānau Trust must be established unless the eligible beneficiaries don’t want this and if that is the case they must make application to the Māori Land Court.

At the first stage it is a process run by the new Māori Land Service and not the Māori Land Court. This is a big change as the Māori Land Court conducted thorough investigations when considering successions. We do not know how this will look post the enactment of the Bill.

A Will is a document that must be accurate including both the content and the execution, so Bruce has prepared this Will Instruction Form for your will, along with a Will Template. Please click on these links for the forms. Physical copies are available from the Executive Office. The process is straightforward and results in clear instructions to the administrators of the estate. Both Landed Trusts encourage owners to complete their Wills

 

 

Unclaimed Distributions

The Trust has been doing some work to find people for whom the Trust hold unclaimed distributions however WE NEED YOUR HELP. Please take a look at the Unclaimed Distributions List here and let us know if you know any of the persons on the list. 

 

 

Contact Details

It is important that the Trust hold current contact details for beneficial owners. Of utmost importance is a postal address, bank account details and IRD numbers (so we can pay distributions) and a contact phone number. It would be fantastic if you could give us your email address too.

Have you moved? – please let us know your new address.

Bank Account details – We want to move from sending out cheques to depositing it into your bank account. Having your bank account details is a more efficient way of paying you, is quicker, and safer. If you received a cheque last year, please contact us, we will email or post to you a Change of Details Form for you to fill in, sign, and return to us. Your distribution will then be paid directly into your bank account.

 

 

The Executive Office has now set up a free calling number for anyone to call free from any landline or mobile phone in New Zealand

the free calling number is 0508 Hikoikoi - 0508 445645

 

 

 

The Executive Office has now set up a free calling number for anyone to call free from any landline or mobile phone in New Zealand

the free calling number is 0508 Hikoikoi - 0508 445645

 

Maori Land Court

Visit Maori Land Court WEBSITE »

Maori Land Court

Visit Maori Land Court WEBSITE »