Income Tax Act 2007

HF 2(3)(e) The trustees of a trust who-

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

(ii) are 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

The trustees of a trust set up to act on behalf of Māori claimants, who have received assets from the Crown as part of a settlement of a claim under the Treaty of Waitangi. The deed of settlement between the Crown and named trustees provides for trustees 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.