Te Onetu Pihama Incorporation (2011) 266 Aotea MB 20 (266 AOT 20) [pdf, 145 KB]
...shareholder by Perpetual Trustees. This payment was outside of the law at the time and has been shown as shareholders advances to date. (f) it should be noted that both William and Tamatea Newman purchased tractors and other plant for their own use through the Incorporation which has suffered the depreciation and right-off of such items without recompense; and (g) no interest has been charged in the accounts on the overdrawn current accounts; [14] Regarding a proposed new ownersh...