Registration

Details

Eligibility

All shareholders and their descendants (18 years and over) must register with the Trust to receive any grants, unclaimed dividends, correspondence and any other benefits.

A list of owners can be accessed from the Maori Land Court in Rotorua or through their Website www.maorilandonline.govt.nz. Use this to check whether you are an owner, a beneficiary of an individual owner or a beneficiary of a Whanau Trust.

NOTE

Registering with the Trust is different to succeeding to shares. Even if you have already succeeded to your shares, you are still required to register.This is so we can verify who you are as well as verifying your contact and bank account details.Once you have registered, we will issue you with a Beneficiary (BE) number which you can use to apply for grants.

What You Need

Electronic copies of documentation can be an image file (photo, jpg, png etc), MS Word or PDF document.

You will need:

Your IRD Number
Proof of Identification: A copy of ONE document either a:
- Drivers Licence
- Passport
- Gun Licence
- 18+Card,
- Birth Certificate or
- Super Gold Card (back of it showing your name and signature)
Bank Account Verification for Individuals, Beneficiaries or Whanau Trusts: A copy of a bank generated deposit slip/printout or Bank Statement to confirm your Bank Account details
Whakapapa: We need your whakapapa (at least three generations) to confirm your link to a shareholder or Whanau Trust that currently appears on the OMR2 Shareholder Registry. We require three generations: your parents, your grandparents and your great grandparents (particularly through whom you will or have received your shares). If you do not know this information you may need to ask whanau members.

Children’s Details (if applicable): Please provide the names, gender and dates of birth of all your children. They will also be eligible for grants. Once they turn 18, they will need to register themselves with the Trust and they will be issued their own Beneficiary Number.

Whanau Trusts: Please provide an electronic copy of the full Vesting Order and the Order Constituting A Whanau Trust from the Maori Land Court. If you do not have this documentation contact the Maori Land Court for a copy: mlcwaiariki@justice.govt.nz or phone 07 921 7402. They can email or post it to you (at no cost). You will need to give them the name of the Whanau Trust.

Individual Owners: Please provide an electronic copy of the succession order from Maori Land Court. If you do not have this documentation contact the Maori Land Court for a copy: mlcwaiariki@justice.govt.nz or phone 07 921 7402. They can email or post it to you (at no cost). You will need to give them the name of the Individual Owner.

Registration Forms

Registration forms can be:

Completed online
Obtained from the office
Sent to you by post

There are separate registrations forms for each owner/shareholder/beneficiary type. Click on the appropriate green link to access the form you need:

Complete this form if you:	Explanation	Link
Own your own shares	If you have received shares through the Maori Land Court	Individual Owner/Shareholder Form
Are a descendant of an owner or shareholder	If you are a descendant of someone who has received shares through the Maori Land Court but you do not own your own shares	Beneficiary of an Individual Owner Form
Need to register a Whanau Trust	If you have formed a Whanau Trust, the Whanau Trust needs to be registered before any beneficiaries of the Whanau Trust can register.	Whanau Trust Registration Form
Are a beneficiary of a Whanau Trust that has been registered	Once your Whanau Trust is registered with us, all entitled beneficiaries 18 years and over can register	Beneficiary of a Whanau Trust Form

If you are unsure whether your Whanau Trust or the shareholder you are descended from is registered, contact the office on (07) 929 5692

Verification

All registrations must be verified by the Trust, there are instances where registrations have been rejected. This usually occurs because of insufficient or incorrect whakapapa details or required information has not been supplied.

Confirmation

You will be notified of the outcome of your registration within 30 days of receiving your completed form. If there is insufficient information processing may take longer. When your registration is accepted, you will receive a Beneficiary Number.

Frequently Asked Questions for our Registration Process

	Questions	Answers
1	Is registering with the Trust the same as succeeding to shares?	No, the registration process is separate to the succession process and is done after succession has been completed. Successions and transfers of shares are completed by the Maori Land Court. Registration is completed by the Trust.
2	Who is required to register?	All shareholders and beneficiaries including beneficiaries of any Whanau Trusts, are required to register. In fact, anyone applying for a grant must be registered or a child (under 18) of someone registered.
3	What is the difference between a shareholder, owner and a beneficiary?	A shareholder owns shares in their own name, through application to the Maori Land Court. Sometimes shareholders are also referred to as “owners”, they are the same thing. A beneficiary is a direct descendent of a shareholder/owner/Whanau Trust but doesn’t own shares in their own name.
4	Why do you need me to register?	There are several reasons for registering: To ensure those registering are shareholders or beneficiaries of Omataroa Rangitaiki No. 2 Trust particularly where there are shareholders or beneficiaries with the same or similar names. To provide us with your contact details To ensure we have your bank account details so we can pay any grants you may apply for To enable us to pay out any unclaimed dividends (if you are a shareholder/owner) To enable us to pay you any future dividend payments (if you are a shareholder/owner)
5	Should I encourage others in my whanau to register?	Yes, they will all need to register if they are 18 or over and want to apply for any grants.
6	Do children under the age of 18 need to register?	No, you can apply for grants for your children using your own Beneficiary number. You should still list the names of all your children when you complete your registration. Once they turn 18 they will need to register and will be issued their own beneficiary number.
7	When do I receive any unclaimed dividend payments and why have you not paid them to me in the past?	Once your registration has been confirmed, we will transfer any unclaimed dividends we may be holding for you, to the bank account you provided during the registration process. Only shareholders/owners have unclaimed dividend payments. If we do not know how to contact you and do not know your bank account details, we are unable to pay you any dividend payments. So, we hold the payments for you until you register and we can verify your details.
8	What happens if I decide not to register? Will I lose my shares?	No, if you decide not to register, you are still a shareholder or beneficiary. However non-registration means you are unable to apply for grants or receive dividend payments from the Trust you might be entitled to.
9	I have registered and received my unclaimed dividends. I thought I would have received more money than I did. Why would that be?	There are more than two million shares in Omataroa Rangitaiki No. 2. If for example you have 200 shares, that is 200 shares out of a total of 2,322,500 shares. Up until 1993 when the Ture Whenua Maori Act came out, share fragmentation through succession was often inevitable. For this reason, many whanau choose to set up a Whanau Trust, to reduce the fragmentation of shares any further.
10	Do I have to register every time I apply for a grant?	No, you only register once. Once you receive your Beneficiary Number, you can use it to apply for grants.
11	I can’t remember my Beneficiary Number. What do I do?	Ring us on (07) 929 5692 and we can provide your number over the phone. By phone is the best way as we might need to ask you some questions, especially if we have more than one person with the same name.
12	If I am registered as a beneficiary of the Trust, do I get a dividend payment?	No, you must own shares to receive a dividend payment. Only individual owners (shareholders) and Whanau Trusts receive dividend payments. If dividends are paid to a Whanau Trust, any further disbursement of those dividends to any beneficiaries would be managed by the Whanau Trust Trustees.
13	Why do you need my IRD Number?	To ensure you pay the minimum amount of tax required. Any dividend payments that exceed $200 are taxed at 33% unless you provide your IRD number, then it drops to only 17.5%.