Income Tax Act 2007

HF 2(3)(b) The trustees of a trust who own land that is subject to Te Ture Whenua Māori Act 1993 (Māori Land Act 1993)

Please note: (b) recognises a trust being established under other legislation (other than the Te Ture Whenua Māori Act 1993) but owns land that is subject to the provisions of Te Ture Whenua Māori Act 1993. These provisions will impose specific restrictions on the use and ownership of the land.

Te Ture Whenua Māori Act 1993 (Māori Land Act 1993)

Some trustees may establish a trust under other legislation but may be required to own and administer their land according to the provisions of Te Ture Whenua Māori Act 1993. The intention of Te Ture Whenua Māori Act 1993 is to promote the retention of Māori land in the hands of its owners and their whanau and hapu and to facilitate the occupation, development and utilisation of that land for the benefit of its owners and their whanau and hapu.