At this point they have to pass any amounts of more than $100 to us. The holder does not have to pay the money to us until the deposit matures. Our role is to provide professional trustee services for Mori. 2016 Bank of America Corporation. The Inland Revenue Department (IRD) has information about unclaimed money it holds. New Zealand. He said one solution was for those inheriting maori land shares to group their shares into a single whanau trust. Give it a go! Contact. This will only happen after reasonable efforts have been made to find the member. Te Tumu Paeroa is a professional trustee organisation for Maori and provides supports to enable the Maori Trustee to undertake their responsibilities and legal obligations. The announcement from Te Tumu Paeroa comes after the Atihau-Whanganui Incorporation recently declared it had more than $1.6 million in unclaimed dividends. Website. Find out more, North Island flooding Wellington 6145. They manage 100,000 hectares of Mori land, over 85,000 owner accounts, and $88 million in funds. An example is where an amount is submitted without a name to identify the owner. Cyclone Gabrielle Historically, succession and trust applications were heard by a Mori Land Court judge. Sabena has $1,000 in a savings account at a bank. Where an owner has more than one account with the same organisation or person, the owner's activity on one account will prevent the . Waiariki 1652243-00 Matowai Anania $ 874.73. For more information on the Authority, visit the Government Superannuation Fund Authority web site. 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Financial Services. The announcement from Te Tumu Paeroa comes after the Atihau-Whanganui Incorporation recently declared it had more than $1.6 million in unclaimed dividends.. Te Tumu Paeroa chief executive Jamie Tuuta said a lot of tangata whenua did not know what they were entitled to. Better Business Cases: Programme or Project? Our link below will tell you if you, or your whnau, have unclaimed money with us. If you live in New Zealand you should contact the Work and Income Contact Centre: Contact details for International Services: Work and Income | Get Assistance - International Services, New Zealand Superannuation and Retirement Income Act 2001. Money stays in the database for no longer than 25 years. Bonds issued by the Crown, including Kiwi Bonds, are issued in New Zealand by the Treasurys Debt Management. the bonds were issued in the names of those who bought them, there is no register of bonds which have not been redeemed. Owners will still have a claim on you for any sums of $100 or less that you do not send to us. Organisations holding unclaimed money should make reasonable efforts to find the owner of the money and repay it. However, all requests for information will be processed in accordance with the OIA. which means that www.govt.nz might not display properly on your device. Although the list can be accessed at the Mori Land Court and Te Puni Kokiri offices, moneys must be claimed from the Mori Trustee. This includes changes to how the Mori Land Court will deal with 'simple and uncontested' succession and trust applications. It is now closed to new members. This data was last updated in July 2014. Claimants may approach the Treasury directly to claim trust monies that have been paid to the Treasury. It's easy to turn JavaScript on -, National Emergency Management Agency civil.defence.govt.nz, find out how to enable JavaScript in your browser, distribution of income, grants and scholarships, developing business ventures based on the land. Atihau-Whanganui Incorporation is lending $1.6 million of unclaimed dividends to its charitable arm. MB Reference: 144 WG 69. . Do you or your whnau have unclaimed funds with Te Tumu Paeroa? Check unclaimed money held by Inland Revenue and follow the instructions on their website on how to make a claim. If you think that you are entitled to money from a superannuation fund, you should contact the administrators of the scheme in the first instance to make a claim. If you need a hand at any stage, kaimahi at the Mori Land Court can help. 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The full gross amount should be sent to us as unclaimed money. If you think you may be entitled to unclaimed money from bonds that have matured but have not been paid out, you should contact New Zealand Debt Management at the Treasury. Private superannuation schemes have their own rules about how unclaimed superannuation payments are handled.
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