To stay up to date with what's happening on your whenua, it's important that we have your current contact details. The Fund is managed and administered by the Government Superannuation Fund Authority (GSFA) in accordance with the Government Superannuation Fund Act 1956. Now, if your succession or trust application is assessed to be simple and uncontested, then it can be decided by a Mori Land Court registrar without a court sitting (unless you request to be heard by a judge in a court sitting). Search for unclaimed money and dividends from Maori Land Trusts & Incorporations, https://www.maorilandinfo.co.nz/maori-land/unclaimed-money.html, If a beneficiary has not registered with the organisation, Beneficiaries haven't updated their contact details, Successors don't realise money is unclaimed from their tpuna. Succession is the transfer of shares from a deceased owner to their descendants and beneficiaries. For example an organisation discovers it overcharged a former client but cannot locate the client to return the money. Heads up. When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them. All real property will be transferred to the Crown, through Land Information New Zealand, after a period of 7 years and any money derived from that property will be transferred to the Treasury. Exploratory workshops held by Te Tumu Paeroa 10 1.3.2. Whanganui Trust reinvests money back into descendents. On 6 February 2021, changes to Te Ture Whenua Mori Act 1993 came into effect to simplify the legal processes for owning, occupying and using Mori land. Transitional information for unclaimed money holders, Keep them for an alternative purpose such as donating to charity, situations where a former client has been overcharged. Rich List of Unclaimed Mori Land Dividends/Money'Ruiha Moenana/Ruiha Mounana/Ruihi Moenana/Ruihi Mounana'. If the money is not paid out during this time, it will be transferred to the Crown bank account as unclaimed money. National State of Emergency declared to assist in the response to Cyclone Gabrielle. The Maori Trustee says it has accumulated $5 million in unclaimed dividends owed to 59,000 tangata whenua. It is now closed to new members. Headquarters Regions Asia-Pacific (APAC), Australasia. Unclaimed money must be sent to us each quarter. A holder of unclaimed money is a person or organisation which holds money for an owner who cannot be located. Most of the time this will be the organisation you interacted with. Te Tumu Paeroa Profile and History . Please note that the information available . In general, money is classed as unclaimed after a certain length of time has passed since the person or organisation holding the money has been able to contact the owner. Search for unclaimed money and dividends from Maori Land Trusts & Incorporations, No comments made yet. Unclaimed money is money left untouched by its owner in organisations like banks, or with a person such as a solicitor. If you think you are entitled to any money held by a government department, you must first approach the relevant department. Sabenas interaction with her on-call account will stop the funds in both accounts from becoming unclaimed. In such cases, contact the Finance group of the Treasury. If a company is liquidated and there are unclaimed assets upon completion of the liquidation, the liquidator may pay the funds to the Public Trust (unless the funds are bona vacantia, in which case they may be paid to the Treasury). Innkeepers Act 1962 Links from archived instances of this website to other websites are non-functional. The dividends cant be claimed if they have been distributed to other shareholders. A legal firm that has had a change in the makeup of its partnership, you may have known them as ABC Lawyers and now they are ACG Lawyers. Give it a go! In certain cases it can be less than 5 years. A large Whanganui Maori land incorporation has accumulated more than $1.5 million of unclaimed dividends due to what it says are beneficiaries who have fallen off the radar. - Search for land blocks and unclaimed money - Te Tumu Paer. In some cases though we may still hold enough other information to identify the owner. New Zealand. The announcement from Te Tumu Paeroa comes after the Atihau-Whanganui Incorporation recently declared it had more than $1.6 million in unclaimed dividends. Unclaimed money is money held by a person or organisation, such as a solicitor or a Bank, where the owner of that money (or someone with authority to act on behalf of the owner) cannot be found. Te Tumu Paeroa is an independent organization that supports Mori land owners by offering services in land development, management & monitoring, land & people records, investment & money management, and grants & scholarships. Financial Services. Whanganui Trust reinvests money back into descendents, Exact fate of whale fossil taken from West Coast river unknown, Rongo experts fear crackdown in Therapeutics Products Bill, Cyclone Gabrielle: Government announces $15 million for aid at marae and clean-up support, Dr Bessel van der Kolk: How to heal trauma, Super Rugby Pacific: Chiefs beat Moana Pasifika, Beach Haven road fatal attack: 'It was absolutely awful' - witness shields body with tarpaulin, Jewellery business owner and son to pay $27,000 for unpaid rent, repairs, subletting house, Ice in his veins: Cancer survivor attempts to break NZ's unofficial ice-bath record for charity. Te Tumu Paeroa is an independent, professional trustee organisation that provides services to Mori landowners. Enter any other name(s) they may be known by. The following are examples of money (and entitlements to money) that may be unclaimed: The Trusts Act 2019 allows trustees to pay money or financial products held by a trust (such as a family trust or a charitable trust) to the Crown, through the Treasury, when the trust property cannot be distributed in accordance with the terms of the trust. This is an information page for members of the public interested in sources of unclaimed money in New Zealand. Lawyers and Conveyancers Act 2006. Owners can search this database at any time. Simple applications are straight-forward, with no complicating factors. There are a range of ways you can use your land, including: Transferring or selling your land. Find out more. Find out about succeeding to whenua Mori Find out if your whenua is administered by us Search here to see if we're holding funds for you or a whnau member Let us know if your details have changed Our Client Services team is here for you from 8.30am - 5.00pm Monday to Friday. What is money laundering and terrorist financing? The NPF website has details on how a refund can be applied for. If no payment to the employee is made, the employer does not have to deduct PAYE. Unclaimed money is money held by a person or organisation, such as a solicitor or a Bank, where the owner of that money (or someone with authority to act on behalf of the owner) cannot be found. This is money left untouched for 5 years with holders such as banks or with a person such as a solicitor. Although the list can be accessed at the Mori Land Court and Te Puni Kokiri offices, moneys must be claimed from the Mori Trustee. Mr Tuuta said the problem became worse over time because succession fragmented within each whanau. Notices about money held by the Crown before 2020 can be found . New Zealand Superannuation (also known as the pension, National Super or Super) is a benefit paid by the Government to New Zealanders once they reach the qualifying age, which is currently 64 or 65. Heads up. The Authority out-sources the day-to-day administration of the Fund such as collecting contributions, calculating and paying entitlements and handling all member enquiries. e.g. Title from home page (viewed on Dec. 12, 2013). Be the first to submit a comment, https://www.maorilandinfo.co.nz/maori-land/unclaimed-money.html, Mori Land Court Te Waipounamu District, Wellington Office of the Chief Registrar, If a beneficiary has not registered with the organisation, Beneficiaries haven't updated their contact details, Successors don't realise money is unclaimed from their tpuna. The proceeds of life insurance policies that have matured (through death or otherwise) are paid to the Inland Revenue Department (IRD) if, after fiveyears, the life insurance company is unable to find the person entitled to the proceeds. If you and your whnau have decided you're ready to start the succession journey, these are the first steps. If you think you entitled to unclaimed money from bonds that have matured but have not been paid out, you should contact the Registrar - Computershare Investor Limited. 3. Company Type For Profit. Once the deeming period starts the money becomes unclaimed if there is no interaction between the owner and the organisation. Find out what support is availableNational Emergency Management Agency civil.defence.govt.nz. Atihau-Whanganui Incorporation is lending $1.6 million of unclaimed dividends to its charitable arm. If you need a hand at any stage, kaimahi at the Mori Land Court can help. Sometimes you may have known the organisation by a different name, for example: Once the money has been passed to us, it is published in our searchable database. National Provident Fund (the NPF) provided Government-guaranteed superannuation to members and ran employer-based schemes for non-departmental public sector employers, such as local bodies and public boards. Te Tumu Paeroa is an independent organization that supports Mori land owners by offering services in land development, management & monitoring, land & people records, investment & money management, and grants & scholarships. Links to previous notices can be found below. Rich List of Unclaimed Mori Land Dividends/Money'Ruiha Moenana/Ruiha Mounana/Ruihi Moenana/Ruihi Mounana'. These requests can be directed to Ministerial Services. Understanding why succession does not take place 10 1.3.1. to file your documents with the court and pay the filing fee of $20. From 1920, the Trust has been administered by the Mori Trustee, who is supported by Te Tumu Paeroa. A succession requires a hearing before a Judge so you, your whnau or your legal representative can confirm the facts of the succession. Unclaimed money is money held by an organisation, where the owner of that money cannot be found but why not? Mori Incorporations' can declare dividends and they manage their own unclaimed dividends register. Te Waipounamu 1208283-00 Irene Holland Amos $ 303.77. Before we can give you any owner or trust information or pay you funds we may be holding for you, we need to know it's you - so we'll always ask you some specific information to help confirm your identity. In carrying out our mahi, we are guided by our values. Our offices are open between 10am and 4pm. Contact the Public Trust to find out about a liquidated companys surplus assets. Contact. Owners will still have a claim on you for any sums of $100 or less that you do not send to us. Transitional information from 30 March 2021 for existing holders. for Mori Our National Pnui contains a schedule of all upcoming applications for hearing by our Court. Occupying or building on your land. We're taking you to our old site, where the page you asked for still lives, Organisations and people who cannot find the owner of money, Te tke moni whiwhi m ng tngata takitahi, Ng umanga kore-huamoni me ng umanga aroha, Ng rawa whiti-rangi m te tangata takitahi, I whiwhi i ahau ttahi aromatawai tke moni whiwhi, Te tuku i ttahi puka tke moni whiwhi kamupene - IR4, PAYE calculator to work out salary and wage deductions, Income tax for individual clients of tax agents, Te tke moni whiwhi m ng kiritaki takitahi a ng takawaenga, Example: Sabena has two accounts with the same bank. However, all requests for information will be processed in accordance with the OIA. When is a two-stage BBC process required? Te Tumu Paeroa; Skip to main content. new metrics drive business evolution & investment insight a hit with owners tama potaka: giving back for generations to come |1 Please contact us on 0800 943 682 or via email on [emailprotected]. Who doesn't need a licence or certificate? The holder does not have to pay the money to us until the deposit matures. Our link below will tell you if you, or your whnau, have unclaimed money with us. The Board of Trustees may no longer pay out entitlements to members who have been missing (not making contributions to the scheme and for which the Board does not have a current address) for five years. We provide professional trustee services to support the Mori Trustee to fulfil her trustee duties and responsibilities. Amounts which are more than $100 will become unclaimed money under the Act. Our Act recognises that Mori land is a taonga tuku iho of special significance to Mori passed from generation to generation. Te Waipounamu 1207757-00 Phillip Albert Amos $ 430.06. 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. Our Client Services team is here for you from 8.30am - 5.00pm Monday to Friday. If you prefer your application be decided in court by a judge, tick that option on the application form. Companies Act 1993. Find out more, North Island flooding Private superannuation schemes have their own rules about how unclaimed superannuation payments are handled. Your application will be considered uncontested when: If at any stage your application is considered to not be simple and uncontested a registrar will refer it to a judge to be heard. For low . See the general information page about New Zealand Superannuation for information about whether you are eligible to a deceased relative or partners entitlements: Work and Income | Get Assistance - Main benefit information - New Zealand Superannuation. They manage 100,000 hectares of Mori land, over 85,000 owner accounts, and $88 million in funds. Operating Status Active. Simple and uncontested succession and trust applications. Your last name* Enter your last name. Waiariki 1663070-01 Casper Mervyn Rae Anderson $ 363.22 A business that has merged with another, you may have dealt with a company that went through a merger and the new company name will be listed.