Māori Purposes Bill

  • enacted

Hon Te Ururoa Flavell

Māori Purposes Bill

Government Bill

44—3

Contents

Key
1Title
2Commencement
2Commencement
3Principal Act
4Long Title repealed
5Name of principal Act changed
6New Part 1 heading inserted
7Section 2 amended (Wi Pere Trust)
8Section 3 replaced (Repeals)
3Interpretation
9New Parts 2 to 4 inserted
4Trust continues
5Trust subject to Trustee Act 1956 and jurisdiction of High Court
6Establishment of Wi Pere Trust Board
7First members of trust board
8Trust board succeeds to rights and liabilities of former trustees in relation to trust
9Transfer of trust property to trust board
9ATax
10Trust board holds property on trust for purpose of trust
11Trust not subject to rule against perpetuities
12Function and powers of trust board
13Members of trust board not personally liable
14Trust board must have constitution
15Preparation of financial statements
16Audit requirements
17Meaning of beneficial interest
18Manner of holding beneficial interest
19Register of beneficial interests in trust property
20Notification of changes affecting register
21Restrictions on disposal of beneficial interest
22Trust board may purchase beneficial interest
23Disposal of beneficial interest under beneficiary’s will
24Disposal of beneficial interest if beneficiary dies intestate
25Disposal of beneficial interest by way of gift during beneficiary’s lifetime
26Māori Land Court may determine who is lineal descendant of Wi Pere
27Trust board may adjust beneficial interests
28Property (Relationships) Act 1976 does not apply
29Land that is general land
30Application of 1993 Act to general land excluded
31Land that is Māori freehold land
32Application of 1993 Act to Māori freehold land modified
33Jurisdiction of Māori Land Court excluded
34General objectives of Māori Land Court
35General jurisdiction of Māori Land Court
36Other jurisdiction of Māori Land Court
37Alienation of Māori freehold land
38Setting land aside for use by beneficiary
39Transfer of land to beneficiary to provide residential building site
40Jurisdiction of Māori Land Court under Fencing Act 1978
10New Schedules 1 to 4 inserted
11Consequential amendment to Māori Land Court Fees Regulations 2013
11APrincipal Act
11BSection 39 amended (Contents of output agreement)
11CPrincipal Act
11DNew subpart 6 of Part 3 inserted
232Interpretation
233Recognition of new mandated iwi organisation
234Certain effects of recognition of new mandated iwi organisation
235Functions of Te Ohu Kai Moana Trustee Limited
12Amendment to Maori Trust Boards (Transitional Provisions) Order 2012
13Clause 3 amended (Transition dates for specified Māori Trust Boards)
14Principal Act
15Section 4 amended (Interpretation)
16New section 4A inserted (Transitional, savings, and related provisions)
4ATransitional, savings, and related provisions
17Section 276 amended (Accounting records to be kept)
18Section 276A amended (Financial statements must be prepared)
19Section 277 amended (Appointment and duties of auditor)
20Section 278 amended (Appointment of share valuer)
21New Schedule 1AA inserted
22Consequential amendments to Maori Incorporations Constitution Regulations 1994
Legislative history

The Parliament of New Zealand enacts as follows: