Bridgecorp Finance Ltd v Proprietors of Matauri X Incorporation - [2004] 2 NZLR 792

Maori and Maori land — Multiple Maori interests — Land owned by Matauri X incorporated under Maori Affairs Act 1953 — Objects of Matauri X — Management structure governed by Te Ture Whenua Maori Act 1993 — Constitution prescribed by regulations — Scope of powers of incorporation — Whether Matauri X had power to use land as security for borrowings for off-site investment — Whether objective of Te Ture Whenua Maori Act to protect land against powers of mortgagee — Whether mortgagee entitled to assume that Matauri X had carried out normal internal processes in entering into mortgage — Application of “indoor management rule” — Meaning of “express limitation or restriction” — Maori Incorporations Constitution Regulations 1994 (SR 1994/60), First Schedule.