Putauaki trust 2025

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A trust is a fiduciary1 relationship in which one party (the Grantor) gives a second party2 (the Trustee) the right to hold title to property or assets for the benefit of a third party (the Beneficiary). The trustee, in turn, explains the terms and conditions of the trust to the beneficiary.
Purpose trusts can be set up for any lawful purpose. Typical examples include the maintenance of a particular asset (like a work of art or historic building), the care of pets after the death of the owner, and charitable giving.
Putauaki Trust is an Ahu Whenua Trust which was established on 3 June 1981, and is currently owned by approximately 800 shareholders. The shareholders are predominately descendants of Te Pahipoto, hapu of Ngati Awa of Te Teko.
212 Putea trusts in respect of land interests The court may, in ance with this section, constitute a putea trust in respect of any interests in Maori land or General land owned by Maori or, subject to any minimum share unit fixed in ance with its constitution, any shares in a Maori incorporation.
Putea means all real and personal property (other than the Hapu land) vested in or owned by the Ngati Whatua Orakei Maori Trust Board as continued under the Orakei Act 1991 before the commencement of the Settlement Act; Sample 1. Putea means all real and personal property, other than.
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Under Te Ture Whenua Māori Act, the Māori Land Court has exclusive jurisdiction to establish the following five types of trusts: Ahu whenua trusts (also known as Māori Land Trusts) Whānau trusts. Whenua topu trusts. Kaitiaki trusts. Pūtea trusts.

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