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What types of Maori Trusts can be set up?
What types of Trusts can be set up under Te Ture Whenua MÃ¤ori Act 1993?
Different Types of Trusts
Under Te Ture Whenua MÃ¤ori Act 1993, there are five types of trusts. For more detailed information about each Trust please refer to the MÃ¤ori Land Court information booklet.
Maori Land Trusts
'A Guide' available from all MÃ¤ori Land Court offices.
Ahu Whenua Trust.
This is the most common MÃ¤ori land trust. It is designed to promote the use and administration of the land in the interest of the owners. These trusts are often used for commercial purposes.
Whenua TÃ³pÃº Trust.
This is an iwi or hapu based trust. It is designed to facilitate the use and administration of the land in the interest of the iwi or hapu. This type of trust is used for receiving Crown land as part of any settlement.
Ahu whenua and Whenua TÃ¶pÃº Trusts
Are land management trusts and involve whole blocks of land.
Kai Tiaki Trust.
A kai tiaki trust relates solely to an individual who is a minor or has a disability and is unable to manage their affairs. The trust can include all of an individuals assets.
This is a whÃ¤nau-oriented trust. It allows the whÃ¤nau to bring together their MÃ¤ori land interests for the benefit of the whÃ¤nau and their descendants.
A pÃ¼tea trust allows the owners of small and uneconomical interests to pool their interests together.
WhÃ¤nau and pÃºtea trusts are share management trusts and relate primarily to specified shares in land.
Bit of useful information whanau.
ma te waa.