Waitangi Tribunal theme L - Trust administration of Māori reserves [pdf, 3.3 MB]
...under which a person having control of property is bound to deal with that property either: (a) For the benefit of definite persons (of whom he himself may be one) and any one of whom may enforce the obligation; or (b) For some object or purpose permitted by the law. 5 From the onset of colonial administration, it was envisaged that the formation of an independent trust represented the most beneficial form of official administration of reserves. Indeed, it was this object which, in pa...