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Bridgecorp Finance Ltd v Proprietors of Matauri X Inc - [2005] 3 NZLR 193

$30.00

Court of Appeal Wellington
CA 8/04
26 October 2004; 3 May 2005
McGrath, Hammond and Chambers JJ
Maori and Maori land — Multiple Maori interests — Objects of Matauri X incorporated under Maori Affairs Act 1953 — Objects remain valid under Maori Affairs Amendment Act 1967 — Whether borrowing and grant of mortgage by Matauri X valid under those Acts, had they remained in force — Whether objects survived provision of power of general competence under Te Ture Whenua Maori Act 1993 — Effect of transition provision provided for by Te Ture Whenua Amendment Act (No 2) 1993 — Whether objects of incorporation survived that amendment without express resolution of shareholders — Te Ture Whenua Maori Act 1993, ss 4, 247, 248, 253, 253A, 254, 255, 270, 271 and 358A.

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