Te Ture Whenua Maori Act 1993
Maori Land Act 1993

120 Special succession fee where death occurred before 1 April 1968

(1)

This section applies to interests in Maori land of a person who died before 1 April 1968.

(2)

Upon the making of a vesting order under this Part in respect of any interest to which this section applies, the court shall determine the value of the interest as at the date of the owner’s death, and the value so determined shall be final and conclusive for the purposes of this section.

(3)

Where the value of the interest is not less than $2,000, there shall be payable in respect of the order, in addition to any fee prescribed by regulations made under this Act, a special succession fee equal to 2% of the value of the interest; but in no case shall the amount of the succession fee exceed the amount by which the value of the interest exceeds $2,000.

(4)

No vesting order in respect of which a special succession fee is payable under subsection (3) shall issue from the court until the fee has been paid.

Compare: 1953 No 94 s 131; 1955 No 106 s 3; 1967 No 124 ss 78(4), 88(13); 1968 No 35 s 13; 1974 No 73 s 21; 1979 No 136 s 13