Te Tahuna Trust - Rotoiti 13D 2

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• History
• Trust Business
• Distribution Policies
• Contact
• Trustee Login

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History

The Te Tahuna Trust was established in 1981 under S438 of the Maori Affairs Act. It continues as an Ahu Whenua Trust under the Te Tura Whenua Maori Act 1993. The Trust Lands comprising some 49 ha are located at Hinehopu at the eastern end of Lake Rotoiti . There are 28 leasehold sections each of approx 800 m2, 23ha is leased to the Hinehopu Golf Club.

The Trusts assets are vested in 5 trustees who have been elected by the owners and appointed by the Maori Land Court . 

Te Tahuna Trust

Trust Business

The Trusts assets comprise: Leasehold sections, the Hinehopu Golf Club, the Old Tearooms site, a range of Investment Portfolios and New Business Loans. 

28 Leasehold properties

The Hinehopu Golf Club is just beyond the line of trees

The old hinehopu tearooms

Our investment partners - Craigs

Distribution Policies

Benefits will be paid to beneficial owners through dividends, grants and loans as per specific agreed Policies. Click here for a copy of the Strategic Plan.

Our distribution policies

2018-2022 - Strategic Plan

Contact

Deloitte, Rotorua are the administers for the Trust. Should you have any questions, please contact the Trustees through Deloitte.

Professional Services:  
Te Tahuna Trust - Pukeroa Oruawhata House - 2/1176 Amohau Street - ​Rotorua, 3010

​Phone: 
07 343 1056

​Email: 
Martin Kinder (Trust Secretary)

Professional services by Deloitte

Trustee Login

Trustee's can login to access minutes of historic and upcoming Trustee meetings.  

History

history/management structure

History/Management Structure

The Trusts assets are vested in 5 trustees who have been elected by the owners and appointed by the Maori Land Court. It is the trustee's responsibility to manage the trusts assets in accordance with the trust Order for the benefit of all the owners.

Portrait of Matawhaura

investments

Investments

Craigs Investment Partners

• Investments in accordance with Trustee Act 1956.

• Investments are only placed with recognised financial institutions.

• Independent Investment Advisor(s) appointed.

• Investments reviewed annually.

• Decisions are made by majority of Trustees.

land management

Land Management

• Current condition of land to be maintained.

• Land to be fully utilised through leases where possible.

• Regular Inspections of properties.

• Future potential developments on the land to be monitored.

Matawhaura

shareholders

Shareholders

Whata Whānau Reunion 2010

• Annual General Meetings of beneficial Owners will be held.

• Meetings of Beneficial owners are advertised and notices sent to shareholders who have supplied addresses.

• All beneficial Owners meetings at Tapuaeharuru Marae.

• Successions from MLC are updated annually.

trustees

Trustees

The current trustees are:

Ivor Jones - Chairperson 2023

Anahera Waru - Trustee

Phyllis Tangitu - Trustee

Rau Englen - Trustee

John Treanor - Trustee

Other people who have served as trustees include:

S Newton, L Hall, Marukore Hohepa, D Whata, Joe Malcolm, Hautahi Kameta, Jack Brady, Matt Hohepa, Tai Whata, Rerewa Meha, Riki Whata, Wira Gardiner, Te Ponui Raharuhi, Ruka Hughes, David Gardiner, Mana Malcolm, Grace Malcolm, Morris Meha, Donna Grant, Esmae Sinclair, Pat Isherwood, Ellen Gardiner, and Raina Meha.

Secretary and trust advisers

Secretary and Trust Advisers

The Trusts first secretary from 1981- 1983 was W Vercoe . Keith Hinton was secretary until 1985 when Murray Patchell was appointed.  Martin Kinder is the current Secretary for the Trust.

The trustees employ advisers to assist them from time to time in various specialist areas. They are: Accountants (Deloitte, Rotorua), Property Management (Deloitte Rotorua), Solicitors (Lance and Lawson), Valuer (Dave Townsend, Townsend & Associates, and Investment Advisers (Craigs Investments).

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​general

General

• Trustees meet monthly on first Monday.

• Trustees meetings are held in the Secretary's Boardroom, Pukeroa Oruawhata House, 2/1176 Amohau St Rotorua.

• Bank Account signing officers to be any Trustee plus Secretary.

• Trustees appoint a Secretary to handle day-to-day matters.

• Chairman of the Trust is appointed by Trustees and rotates every 2 years.

Te Tahuna Trust

Trust Business

• Lease Hold Sections
• Business Loans
• Hinehopu Golf Club
• Old Tea Rooms
• Investment Portfolios

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Lease Hold Sections

There are 28 leasehold sections leased for 20 years from 1 October 1997, with a 5 year rent review and a right of renewal for a further 20 years.

Our 28 leasehold sections board Lake Rotoiti

New Business Loans

As detailed in the distribution policies the trust makes funds available to owners and descendants of owners to help them get started in new business ventures. Previous loans have been for tourism ventures, a logging cartage contractor.

Shareholders can apply for a new business loan of upto $15 000 at competitive interest rates

Hinehopu Golf Club

Comprising approx 23ha leased for 10 years from 1 October 1997 with 5 year rent reviews and a right of renewal for 10 a further years.

The Hinehopu Golf Club - Set next to our sacred mountain Matawhaura

Old Tea Rooms site

History
This area is currently a vacant section and was previously leased to Te Runanga O Ngati Pikiao for 5 years from 1 May 2002 , rent reviews every 2 ½ years and a right of renewal for a further 5 years.

Short term lease for 1 year:  2018
Fulton Hogan have been engaged by the Rotorua District Council to construct the new Rotoma/Rotoehu sewage scheme. The trustees have negotiated a short term lease for the use of the site to house office and storage facilities for the duration of the project. 

Fulton Hogan will be constructing a fence to provide security for the site and at the completion of the lease will remove all items and return the site to its initial condition at the completion of the project in early 2019.

The old Hinehopu tearooms

Investment Portfolios

Separate portfolios are managed by Craigs Investment Partners.

Craigs Investment Partners

Distribution Policies 

Click the link for a full set of the Distribution Policies.  Click this link for a copy of the Strategic Plan.

cultural development

Cultural Development

Kohanga Reo Grants

The Trust aims to enhance Te Reo and the cultural heritage of Te Tahuna descendants by building a base of students skilled in Te Reo and Tikanga and providing grants to local Kohanga Reo.  Grants are available for staff training and purchase of resources and equipment.

Marae Grant Policy

The Trust aims to enhance the cultural heritage of Te Tahuna Owners and their descendants by building a base of people skilled in Te Reo, Tikanga, Maori Arts and craft and by providing Grants to Tapuaeharuru Marae. Grants are available forthe construction maintenance or improvements of Marae buildings and facilities.

Ngati Tamateatutahi Kawiti Representation Policy

Funds available for Kaumatua assistance in representing the hapu at hui.

Uruika - Whare Tūpuna

Social grants

Social Grants Policy

Kids Triathlon - Tamatea St and Lake Rotoiti

The trust aims to assist owners and their descendants in the development of sustainable health and social services through the provisions of grants and/or loans.

Kaumatua Hauora grants

The trust wishes to provide financial assistance to Kaumatua by contributing to the costs of prescription glasses and hearing aids. Application forms are available from the Secretaries office.

Discretionary Grants

Trustees can provide any such other grant or loan as they approve to benefit as wide a group of owners and descendants as possible.

education development

Education Development

Tertiary Education Grant Policy

The Trust aims to create an environment for success in tertiary Education by building a base of skilled Maori students, providing vocational Training grants and establishing a database of Te Tahuna Tertiary students.

Kidz Triathlon

economic development

Economic Development

Uruika - Whare Tūpuna

New Business Loans

The Trust aims to create for Te Tahuna Trust owners and their descendants an environment for successful Maori business ventures and economic growth by building a base of skilled Maori business enterprises and developing alliances for Maori economic development. Loans are available for Business investigation funding and /or capital/set up costs. Maximum loan is $15,000 and loans are repayable with concessionary interest payable. Applicants must prove they can service their debt borrowings and provide security for their loan.

Repaid loans will be held in a separate reserve fund and will be available for future loan applications.

shareholders grant

Shareholders Grant Policy

Funds previously set aside for dividends have been transferred to the Shareholders Grant Reserve. A grant was paid to shareholders in October 2004 and is available to shareholders, subject to the terms of the grants policy, up to the payment date of the next grant, expected to be paid in 2006. The current policy in respect of the shareholders grant is as follows:

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• The distribution date is to be 1 October 2004 .
  
• Payments to be made only to bank accounts.
  
• All beneficiaries are to be advised of the payment date and those who have not provided bank accounts details will be asked to do so.
  
• For identification purposes the grant will be called the "2004 grant".
  
• Sufficient funds will be retained to cover any beneficiaries who are located after the payment date.
  
• The trustees reserve the right to make only one payment to a beneficiary whose name may appear more than once on the share register where it is evident that those multiple names refer to one person.
• Any beneficiaries who are located after the payment date will be entitled to the payment they would have received had their address and bank account details been known at the distribution date.

• Any owners who succeed to shares after the payment date will be entitled to payment of the current shareholder's grant based on their shareholding, irrespective of whether a grant had been paid to the person from whom they have received their new shares.
• Entitlement to the payment will expire on the date of the next payment declared by the trustees.
• The trustees reserve the right to amend this policy or draft new policy to cover any circumstance not covered or anticipated by this policy, in respect of payments to all beneficiaries or to any one or more beneficiaries and the trustees decisions in these matters will be final.

General guidelines

Benefits will be paid to beneficial owners through dividends, grants and loans as per specific agreed policies. The annual net income after costs is to be allocated as follows:

General Guidelines

1. All applications are to be made in writing.
   
2. The Trust may set monetary limits to any grant.
   
3. The Trust may impose conditions on any grant.
   
4. The Trust may decline any application on any grounds it sees fit.
   
5. Approval of any grant is entirely at the discretion of the Trustees.
   
6. Applicants for grants must be owners or their descendants.
   

Reinvested in the Trust                   5%
Dividend Reserve                          45%
Development Policies                    50%
Total                                              100%

annual reports

Annual Reports

Copies of full Annual Reports and Financial statements are available at the Annual General Meeting, and are available to owners on request from the secretary's office.