HAPPY NEW YEAR and welcome to a new decade.
2020 - January
There are huge changes ahead for the Manawatu Kukutauaki 2B1 and No3. Sec 2E5 (Te Ripo o Hinemata Wetland) Trust in 2020
Te Kenehi Teira and Johnny McGregor (Chairman) have resigned, after more than twenty years of service on the Trust. Te Kenehi Teira has exited the role immediately; Johnny will stay long enough to develop a induction plan and oversee the transition of the new Trustees to the Trust.
The remaining Trustees are Nina McGregor, Rev Rangi Nicholson who has returned to his former duties as a Trustee and Kim Taylor.
The Trust would like to see as many of the owners whanau represented on the Trust as possible.
Please click here to see the Maori Land Court document that outlines the duties of a Trustee.
If there is anyone that you feel would make a good Trustee or if you are interested in becoming a Trustee please email your nominations to Olivia at olivia_giles@hotmail.com
The Trust is making a Dividend Payment to Owners
The total available for ordinary distributions from our 2019 financial statements to 31st March 2019 is $21,667.44. The Trustees recommend that we pay this out completely and added another $8,332.56 of capital distributions which bring a dividend payment up to $30,000.
Part of the payment is taxable and The Inland Revenue Department (IRD) will know about the distribution as they will be included in the Trust’s 2020 tax return.
We still need contact details for most of the Owners and Whanau Trusts
Here is a list of Owners and Trusts I do NOT have contact information for, please click on the link. "List"
Payment will be paid to each beneficiary upon completion of the following details.
● Name of person or trust
● IRD number
● Bank account numbers
● Physical address
● Email address
The trust can only pay the recorded Owner or Trust, so owners needs to ensure that the information on the Maori Land Court records are correct. If they aren't, you will need to contact the Maori Land Court. If you need to succeed to shares I can assist you through the process.
Click here to view the online record.