Section HF 2 — Income Tax Act 2007: Who is eligible to be a Maori authority?

HF 2 Who is eligible to be a Maori authority? What this section does (1) This section sets out the persons eligible to choose under section HF 11 to become a Maori authority. Companies (2) The following are eligible to make an election: (a) a company established by an order made under Te Ture Whenua Maori Act 1993 (the Maori Land Act 1993): (b) a company that owns land that is subject to Te Ture Whenua Maori Act 1993 (the Maori Land Act 1993): (c) a company that is— (i) established by a mandated iwi organisation to be an asset-holding company, as contemplated by section 12(1)(d) of the Maori Fisheries Act 2004: (ii) recognised by Te Ohu Kai Moana Trustee Limited as a mandated iwi organisation under section 13(1) of the Maori Fisheries Act 2004: (d) a company that,— (i) on behalf of Maori claimants, receives and manages assets that are transferred by the Crown as part of the settlement of a claim under the Treaty of Waitangi; and (ii) is contemplated by the deed of settlement of the claim as performing the functions described in subparagraph (i). Trusts (3) The following are eligible to make an election: (a) the trustees of a trust established by an order made under Te Ture Whenua Maori Act 1993 (the Maori Land Act 1993): (b) the trustees of a trust who own land that is subject to Te Ture Whenua Maori Act 1993 (the Maori Land Act 1993): (c) the trustees of a trust that is recognised by Te Ohu Kai Moana Trustee Limited as a mandated iwi organisation under section 13(1) of the Maori Fisheries Act 2004: (d) the trustees of trusts that are established by Te Ohu Kai Moana Trustee Limited as a mandated iwi organisation under sections 79 and 92 of the Maori Fisheries Act 2004: (e) the trustees of a trust who,— (i) on behalf of Maori claimants, receive and manage assets that are transferred by the Crown as part of the settlement of a claim under the Treaty of Waitangi; and (ii) are contemplated by the deed of settlement of the claim as performing the functions described in subparagraph (i). Maori Trustee (4) The Maori Trustee in the Maori Trustee’s capacity as an agent for an owner of land that is subject to Te Ture Whenua Maori Act 1993 (the Maori Land Act 1993) is eligible to make an election. Maori Trust Board (5) A Maori Trust Board, as defined in section 2 of the Maori Trust Boards Act 1955, is eligible to make an election. Crown Forestry Rental Trust (6) The Crown Forestry Rental Trust, established by deed in accordance with section 34 of the Crown Forest Assets Act 1989, is eligible to make an election. Te Ohu Kai Moana Trustee Limited (7) Te Ohu Kai Moana Trustee Limited, established under section 33 of the Maori Fisheries Act 2004, is eligible to make an election. Aotearoa Fisheries Limited (8) Aotearoa Fisheries Limited, established under section 60 of the Maori Fisheries Act 2004, is eligible to make an election. Defined in this Act: agent , company , Maori authority , trustee , Compare: 2004 No 35 s HI 2