Post-Settlement Governance

The post-settlement governance structure for Ngāti Tama ki Te Tau Ihu, which comprises a Trust Group centred around Ngāti Tama ki Te Waipounamu Trust, is set out in the diagram below.

Structure

Ngāti Tama ki Te Waipounamu Trustees will be elected for a term of three years. Four of the Trustees must be “Rohe Trustees” meaning they must reside in the rohe of Ngāti Tama ki Te Tau Ihu.

Roles and Responsibilities of Entities

Ngāti Tama ki Te Waipounamu Trust will provide the overarching governance and strategic direction for the Trust Group and Iwi Members.

The current Trustees are:

 

Ngāti Tama ki Te Tau Ihu Cultural Trust

This charitable arm of the Trust Group will provide benefits to Iwi Members. These benefits include education grants, tangi koha, and cultural wānanga.  Trustees will continue to seek ways to fulfil the Trust’s charitable purposes, and in doing so, fulfil cultural and social obligations to Iwi Members.

Tama Asset Holding Company limited

Tama Asset Holding Company will hold the Ngāti Tama ki Te Tau Ihu commercial assets.

Directors on this company will be responsible for following the strategic and commercial direction set by Ngāti Tama ki Te Waipounamu Trustees. Some profit made by the Asset Holding Company will be returned to Ngāti Tama ki Te Waipounamu Trust by way of dividend, whilst some may be held for re-investment purposes. This company will hold a Māori Authority tax status with Inland Revenue and will continue to be the Asset Holding Company for the Iwi in line with the requirements of the Māori Fisheries Act 2004.

Tama Te Tau Ihu limited

This company’s purpose will be to provide corporate and administrative services to all entities within the Ngāti Tama ki Te Tau Ihu Group. Among other tasks, it will ensure clear and transparent communications are maintained between the Ngāti Tama ki Te Tau Ihu entities and manage commercial activity on behalf of the Tama Asset Holding Company.

This will be the only entity in the Ngāti Tama ki Te Tau Ihu group to employ staff. It will not hold any settlement redress or substantial physical assets (other than office and administration equipment).

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Ngāti Tama Ki Te Waipounamu Trust | ph: 03 548 1740 | email: kaiawhina@ngati-tama.iwi.nz