New Zealand Legislation: Acts
Acts are laws made by Parliament
The Governor-General may, by Order in Council, on the recommendation of the Minister of Māori Affairs, make regulations—
(a) for the purpose of section 26(2),—
(i) defining any special circumstances or cases in which the Māori Trustee, though required to credit distributable income to an account, is not required to pay distributable income under that section, including, without limitation, prescribing the sum of money below which the Māori Trustee is not required to make a distributable income payment:
(ii) setting out how and to whom distributable income is to be paid:
(b) for the purpose of section 26(3), providing for the apportionment of distributable income:
(c) for the purpose of section 26A, prescribing the basis on which the management fee must be calculated and charged or retained:
(d) for the purpose of section 26B(1), prescribing how, when, and to whom, in each financial year, the Māori Trustee must make the required disclosures:
(e) for other purposes expressly provided for in this Act:
(f) prescribing any other matters contemplated by this Act or necessary for its administration or to give it full effect.
Section 52: substituted, on 1 July 2009, by section 14 of the Māori Trustee Amendment Act 2009 (2009 No 12).
