Wakatū Incorporation is made up of a total of 10,442,592.46 shares. The total number of shares never changes; however the number of owners changes as the number of descendants grows. Currently there are approximately 4,000 shareholders. Dividends are paid according to how many shares each owner has.
To avoid the gradual diminishing number of shares, Whānau Trusts are strongly encouraged to prevent fragmentation.
When a landowner dies, it is important to transfer his or her Māori land shares and interests to the person(s) entitled to receive those interests. They are called the successors and the process is called succession.
To legally transfer the land interests of a deceased person to his or her successors, a succession order is normally issued by the Māori Land Court.
The person(s) entitled to receive the interests in Māori land are set out in sections 108 and 109 of the Te Ture Whenua Māori Act 1993.
- The children (includes legally adopted children and may include whāngai).
- If the landowner had no children, the successors are their natural brothers and sisters.
- If there are no children or siblings then the Court will make a determination as to who the beneficiaries are.
A surviving partner is entitled to an interest for his or her lifetime or until they remarry or enter into a civil union or de facto relationship.
The interests will be transferred to the successors upon his or her death or remarriage or civil union or de facto relationship.
A surviving spouse or civil union partner is not entitled if there is a legal separation order in force at the time and a de facto partner may only be entitled to a life interest if his or her partner has made this clear in a will.
The majority of shareholders in Wakatū Incorporation descend from the list of original owners of the Nelson Tenths reserves, as determined by the Native Land Court in 1895.
|Rewi Maaka||Hohepa Horomana||Wi Neera Te Kanae|
|Wetini Kapana||Pairama Te Rukunga||Hanikamu Te Hiko|
|Rangiaukaha Kawharu||Takuna Horomona||Ngaru|
|Mokau Kawharu||Te Rongopai Maaka||Waikawakawa|
|Tiripa Te Ruruku||Pouhawaiki Rongonui||Karepa Te Whetu|
|Mataa Tipene||Rutu Te Roera Rangihaua||Karepa Tengi|
|Haimona Turi Patete||Peita Renata||Ihaka Tekateka|
|Ngapera||Ngahuka Tungia||Huria Tekateka|
|Te Wera||Raiha Puaha||Kipa Hemi|
|Ngamuka Raniera||Tara Wirihana||Hakaraia Hemi|
|Apiata Te Putu||Horo Hawea||Watene Hemi|
|Hohapata Te Kahupuku||Rawiri Te Whatawharangi||Te Pou Hemi|
|Pirimona Te Kahupuku||Te Ratapu Hoani Akitini||Ina Hemi|
|Makarini Te Tahua||Mohi Nopera||Roka Whiro|
|Te Ho Rene||Tipene Te Ruruku||Taimona Pakake|
|Ruta Rene||Hoera Te Ruruku||Rïria Pakake|
|Maraea Nohorua||Pirihira Matiu||Wiremu Omeara Pakake|
|Renata Pao||Kuti Matiu||Raima Hipparaiti|
|Rïria Te Kahurangi||Matiu Matiu||Raima Kahuia|
|Huriana Matahirangi||Erana Te Wauwau||Maaka Kiharoa|
|Mere Maaka||Ihaka Te Rei||Haromi Kiharoa|
|Pita Hohapata||Rangitakaroro Te Rei||Tiemi Haromi Kiharoa|
|Reupene Hohapata||Wharehuia Te Rei||Matenga Hiko|
|Hira Pene||Ngakuru Te Rei||Heni Matene|
|Patara Pene||Wharepuhi||Rei Parewhanake|
|Moeroa||Renata Te Wharepuhi||Hoani Te Rama|
|Harokaka||Raiha (Ruiha) Mokena||Renata Ohiohi|
|Noa Ngaihape||Amiria Te Ruatahoro||Ani Hamuera|
|Rahapa Hohapata||Tamati Hukaroa||Hiamoe Hamuera|
|Maaka Hohapata||Haneta Hukaroa||Amiria Mahikai|
|Mere Hohapata||Rangiruhia Hukaroa||Taimona Te Pahu|
|Hare Hohapata||Wetekia Hoani Hukaroa||Hoani Te Titi|
|Te Pohe Hohapata||Turi Hoani Hukaroa||Tame Kiharoa|
|Reupene Hohapata||Pene Hoani Hukaroa||Wetini Mahikai|
|Pita Hohapata||Pekahou Takuna||Raima Moho-ao|
|Herewine Ngapiko||Edward Annesly Bishop||Hema Wirihana|
|Tana Ruka||Metapere Kingi Ngatuere||Waipuia|
|Wi Neera||Mere Wirihana||Kiti Shearer Willeston|
|Rawiri Mihaka||Kuna/Rina Pita Taitea||Makama Shearer|
|Wi Mekerei Rawiri||Rangiwahia Te Puni||Teiwi Shearer|
|Karaitiana Rawiri||Ngahurihanga Te Kiri||Mary Shearer Granay|
|Hoani Rawiri||Tamihana Te Uirau||Ellen Shearer Birchley|
|Karoraina Rawiri||Taringaroha||Rutu Te Kahukori|
|Peteapa Rawiri||Makareta Pepene||Kereama Herangi|
|Ihakara||Mere Kare||Tiki Hikaka|
|Te Kaipuke||Eruini Taare||Makiri Hone|
|Rïria Kaipuke||Tumatahuna||Tiotiana Wirihana|
|Ripene Paramata||Niwa||Tiraueke Mio|
|Wi Katene Paramata||Mata Takihi||Hohepa Tongarewa|
|Wi Katene Heni Tipo||Haora Takihi||Tiotiana Wirihana|
|Ramari Herewine||Tini Takihi||Raniera Matenga|
|Reupene Pokia||Miriama Takihi||Paretukunga|
|Hamuera Pokia||Matene Takihi||Pane Taipua|
|Tapata Harepeka||Rore Pukekohatu||Tamihana Herehere|
|Ruhia Kerei||Kerei Pukekohatu||Kawa|
|Ihaka Toa||Apareta Pukekohatu||Rangipare|
|Riuta||Irihapeti Kare||Rïria Te Kahurangi|
|Kotukutahi||Hera Hone||Mere Wirihana|
|Kapurangi Arama||Wiremu Tapata||Kapurangi Arama Maiharoa|
|Karewa Riwai||Heni Hekeira||Tamihana Te Huirau|
|Makareta Riwai||Wirihana Kauhata||Pamariki Paaka|
|Tini Pere||Huria Matenga||Ani Haka|
|Te Hou||Rawiri Whatawharangi||Rangiwahia Te Puni|
|Te Rangiirihau||Raniera Matenga||Wharekoka Hoani|
|Tioro||Piripi Te Ngaohe||Ruka Te Aratapu|
|Riwai||Karo Te Tauru||Pepene Poharama|
|Kapurangi Arama||Metapere Rahira||Ihaka Ihaka|
|Karewa Riwai||Pirihira Pirika||Wiremu Ihaka|
|Makareta Riwai||Mata Pirika||Wikitoria Raniera|
|Tini Pere||Mere Pirika||Matiaha Te Arohatai|
|Te Hou||Taura Pirika||Hohaia Rangiauru|
|Te Rangiirihau||Te Karira Wiremu Pirika||Mere Nako|
|Tioro||Mere Wiremu Pirika||Tame Te Maepa|
|Riwai||Meira Meira||Te Katara|
|Ngapaki Parana||Inia Te Hunahuna||Te Toi|
|Edward Annesly Bishop||Te Teira Tamaru||Hana Te Unuhi|
|Hoani Te Uaki||Riria Waikato||Ngapaki Parana|
|Mata Riwai||Wikitoria Te Puoho||Edward Annesly Bishop|
|Peti Riwai||Herewini Te Keha||Miriama Putaputa|
|Tima Riwai||Hoani Te Keha||Taiere Putaputa|
|Turu Riwai||Henare Tatana||Reupene Maroki|
|Pikihuia||Huhana Tatana||Poharama Tauhei|
|Kawakawa||Tukiaka Ihaka||Mihirei Tauhei|
|Inia Ohau||Ruka||Ripine Paramata|
|Iharaira Meihana||Paramena Haereiti||Wi Katene Paramata|
|Horina Hurumaui||Riwai Haereiti||Wi Katene Heni Tipo|
|Eruera Te Rauhihi||Tamihana Eruini||Ataraira Mohi Nopera|
|Huria Matenga||Merehana||Ngawaina Hanikamu|
|Huria Matenga||Nui||Huria Matenga|
|Eruera Te Rauhihi||Toi||Rawiri Te Whatawharangi|
|Inia Ohau||Rangimihia||Riwai Haereiti|
|Rawiri Te Ihi (Rauhihi)||Te Kete||Paramena Haereiti|
Transfer of Ownership
Shares may be transferred as a gift or as a sale to a person in any one of the following groups:
(a) Children and remoter issue (for example, grandchildren).
(b) Whanaunga who are associated in accordance with Tikanga Māori with the land vested in Wakatū.
(c) Other beneficial owners of the land who are members of the hapu associated with the land vested in Wakatū.
(d) Trustees of persons referred to in any of Paragraphs (a) to (c) of this definition.
(e) Descendants of any former owner who is or was a member of the hapu associated with the land vested in Wakatū.
(f) A shareholder in Wakatū who is also a member of the hapu associated with the land vested in Wakatū.
Please contact Owners' Liaison Executive for application form.
Buying or selling shares
To assist owners who wish to buy or sell shares, we provide an online space where owners can introduce themselves to each other. This service is independent of the Incorporation and must be used in accordance with our policies.
When looking to sell or purchase Wakatū shares, please be aware of the following:
- Wakatū is not liable for the outcome of any sales. We act purely in the role of a conduit by providing a way for sellers and buyers to meet;
- Any negotiations and discussions relating to the shares must take place directly between the owners. Under no circumstances will Wakatū assist in this regard.
- The market value for the sale of shares by a shareholder is negotiable between the seller and the purchaser;
- We strongly recommend that you seek independent legal and financial advice before agreeing on a sale price;
- Please note that the purchaser must be aged 20 years or over. Otherwise the shares will need to be transferred into a trustee’s name;
- The minimum number of shares that may be transferred is 100.
We provide a share transfer form to be completed and signed by both the seller and purchaser and a declaration to be completed by the purchaser.
Please contact Owners' Liaison Executive for application form.
The below link will take you to a list of Wakatū shareholders who have unclaimed dividends waiting to be claimed.
For further information, please contact our Owners' Liaison Executive.
A Whānau Trust allows a family to bring together and consolidate the land interests of a person alive or deceased.
Interest in Māori lands can be brought together under a Whānau Trust and all income received can be applied for the purposes of promoting the advancement of those named in the Whānau Trust Order.
Whānau Trusts are a tool that ensures succession to multiple people does not leave them with fragmented shareholdings. Wakatu strongly encourages shareholders to utilise Whanau Trusts in order to avoid this situation.