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What types of Maori Trusts can be set up?  

iraboyd@hotmail.com OWC
Eminent Member

What types of Trusts can be set up under Te Ture Whenua Mäori Act 1993?

Different Types of Trusts

Under Te Ture Whenua Mäori Act 1993, there are five types of trusts. For more detailed information about each Trust please refer to the Mäori Land Court information booklet.

Maori Land Trusts
'A Guide' available from all Mäori Land Court offices.

Ahu Whenua Trust.
This is the most common Mäori 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 Tópú 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 Töpú 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.

Whánau Trust.
This is a whänau-oriented trust. It allows the whänau to bring together their Mäori land interests for the benefit of the whänau and their descendants.

Pútea Trust.
A pütea trust allows the owners of small and uneconomical interests to pool their interests together.
Whänau and pútea trusts are share management trusts and relate primarily to specified shares in land.

Bit of useful information whanau.
ma te waa.

Posted : 11 December, 2006 1:05 pm