Maori Trustee Act 1953

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Reprint as at 1 January 2008

Maori Trustee Act 1953

Public Act1953 No 95
Date of assent26 November 1953
Note

Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this eprint.

A general outline of these changes is set out in the notes at the end of this eprint, together with other explanatory material about this eprint.

Contents

Title

1 Short Title and commencement

2 This Act to be read with Maori Affairs Act 1953

Maori Trust Office

3 Maori Trust Office continued

Appointment and general functions of Maori Trustee and of his Deputy

4 Appointment of Maori Trustee and Deputy Maori Trustee

5 Powers and functions of Deputy Maori Trustee

6 Incorporation of Maori Trustee

7 Judicial notice of appointment of Maori Trustee, etc

8 Contracts of Maori Trustee

9 Delegation of powers of Maori Trustee

10 Authorised officer may make declaration on behalf of Maori Trustee

11 Maori Trustee may accept special trusts

12 Pending grant of probate or administration, Maori Trustee may administer estates of deceased Maoris

12A Power of Maori Trustee to elect to administer small estates without grant of administration

12B Elections in respect of unadministered balance of an estate

12BA Court fees payable on elections, etc

12C Intestate estates

12D Application for probate in testate estates

12DA Appointment of Maori Trustee by executors, administrators, and trustees

12E Place of application

13 General authority for Maori Trustee to act as agent or trustee or in other representative capacity

13A Maori Trustee not required to give bond

13B Maori Trustee may enter into joint ventures

14 Maori Trustee may use revenues of land administered by him in acquisition of other land required for incidental purposes

14A Maori Trustee may recognise committee of beneficial owners

15 Maori Trustee may grant easements over land administered by him

16 Maori Trustee may sell personal property

16A Maori Trustee may sell personal property [Repealed]

Maori Trustee's Account

17 Maori Trustee's Account

18 Branch accounts [Repealed]

19 Cheques, etc, drawn on Maori Trustee's Account

20 Cheques, etc., drawn on branch account [Repealed]

21 Authority to sign cheques and other instruments

22 Other accounts

Separate funds within Maori Trustee's Account

23 Accounts within the Maori Trustee's Account

Special investment accounts

24 Maori Trustee may receive money for investment otherwise than in Common Fund

24A Maori Trustee may borrow money

Common Fund

25 Deposits in Common Fund

26 Money in Common Fund deemed to be invested therein

27 Guarantee of Common Fund

28 Investment of Common Fund

29 Margin of security

30 Unclaimed money in Common Fund

30A Unclaimed agency money

General Purposes Fund

31 Investment of money in General Purposes Fund

32 Special purposes for which money in General Purposes Fund may be used

32A Guarantees and indemnities

33 Authorising establishment and maintenance of Maori hostels out of General Purposes Fund

34 Assurance Fund [Repealed]

35 Limited authority to make donations out of General Purposes Fund for philanthropic or other purposes [Repealed]

36 Acquisition, use, and disposal of buildings

37 Maori Trustee may provide housing accommodation for officers of Department

38 Maori Trustee may apply money in General Purposes Fund for purposes of property vested in or controlled by him

39 Maori Trustee may acquire land on behalf of Maoris

40 Maori Trustee may acquire land to provide sites for Maori dwellings

41 Contribution to Consolidated Account towards expenses of Maori Trust Office

41A Reserved and Vested Land Purchase Fund [Repealed]

41B Payments out of Purchase Fund [Repealed]

41C Maori Trustee may purchase interests in reserved land and vested land [Repealed]

41D Maori Trustee may acquire uneconomic interests in reserved land and vested land [Repealed]

41E Disposition on interests acquired [Repealed]

41F Exemption from stamp duty [Repealed]

Miscellaneous provisions

42 Maori Trustee may accept chattel security, etc

43 Assignment of rents to Maori Trustee

44 Maori Trustee may apply money held by him on behalf of Maori in satisfaction of money payable to Maori Trustee by that Maori

45 Maori Trustee may accept payment and give discharge for money payable to Maoris

45A Payment to Maori Trustee of proceeds of Maori land held for 6 years or more

46 Court may direct that rents in respect of Maori land be paid to Maori Trustee

46A Maori Trustee not obliged to act on orders for payment

46B Assignment of money in hands of Maori Trustee

46C Power of Maori Trustee to make small payments without order

46D Disposition of small sums held for beneficiaries [Repealed]

47 Court may direct payment to Maori Trustee of compensation for land taken under Part 4 of Public Works Act 1928 [Repealed]

48 Maori Trustee may charge commission in respect of his services

48A Maori Trustee may bar small claims

49 Maori Trustee may register memorial of charge against land

50 Memorandum of extension of lease

51 Maori Trustee to furnish annual balance sheet [Repealed]

52 Regulations

53 Repeals and savings

Schedule
Enactments repealed

Reprint notes

An Act to consolidate and amend certain provisions of the law relating to the Maori Trustee

BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows: