Income Tax Act 2007

HF 2(2)(d) A company that-

(i) on behalf of Māori claimants, receives and manages assets that are transferred by the Crown as part of the settlement of a claim under the Treaty of Waitangi; and

(ii) is contemplated by the deed of settlement of the claim as performing the functions referred to in subparagraph (i).

Other claims (assets) made under the Treaty of Waitangi

A company set up to act on behalf of Māori claimants, who have received assets from the Crown as part of their settlement of a claim under the Treaty of Waitangi. The deed of settlement between the Crown and named company provides for a company to act on behalf of the Māori claimants or beneficiaries and perform the function within the terms of the deed of settlement between the Crown and Māori claimants.