Māori Freehold Land definition

Māori Freehold Land means land whose beneficial ownership has been determined by the Māori Land Court by freehold order (Section 5, Local Government (Rating) Act 2002).
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Māori Freehold Land means land other than European land which, or any undivided share in which, is owned by a Māori for a beneficial estate in fee-simple, whether legal or equitable:
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Examples of Māori Freehold Land in a sentence

  • Policies for the postponement of rates for Māori Freehold Land encourage the use of the land by occupiers who agree to pay the current and future rates for the period of time that they will use the land.

  • This includes the recognition that there are particular cultural, historical and legal factors that distinguish Māori Freehold Land from General Land.

  • Risk factors applicable to Notes (Barrier Reverse Convertibles) with potential Physical Settlement 143Product No. 10.

  • Ensure consideration of Schedule 11 of the LGA 02 (matters relating to rates relief on Māori Freehold Land).

  • If part of the Whanganui River is located on Māori Freehold Land (MFL) the Māori Land Court (MLC) may make a vesting order to vest the land in Te Awa Tupua.

  • To avoid further alienation of Māori Freehold Land as result of pressures that may be brought by the imposition of rates on unoccupied land.

  • Council does not consider the application of this policy appropriate for Māori Freehold Land; because of the nature of Māori Freehold Land, Council does not consider it appropriate to charge postponed rates to the land.

  • While Māori Freehold Land itself may not be difficult to use or develop, there may be challenges around the use and the financing of the development of the land which arise from fragmented ownership.This policy provides relief by giving a remission where land is not used due to the difficulty of multiple ownership, obtaining collective agreement, or the lack of financing options.

  • To assist Māori to establish papakāinga or other housing on Māori Freehold Land.

  • The Local Government Act 2002 (LGA 2002) requires the Council to adopt policies for the remission and/or postponement of rates on Māori Freehold Land (section 102(4) (f)).

Related to Māori Freehold Land

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • Said Land shall have the meaning ascribed to such term in Recital XV of this Deed and which is more fully and particularly described in the Second Schedule written hereunder and delineated and demarcated in Annexure – B hereto;

  • Parcel means an identifiable unit of land that is treated as separate for valuation or zoning purposes.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 2 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Owned Property has the meaning set forth in Section 4.10(a).

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Owned Properties has the meaning set forth in Section 3.16.

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee, of the premises identified on Schedule 4.19(A) hereto.

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Crown land means land in which there is a Crown interest or a Duchy interest;

  • Land means the land described in Exhibit A.

  • Leasehold Property means any leasehold interest of any Loan Party as lessee under any lease of real property.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Timberlands means all the timberlands from time to time owned by the Loan Parties.

  • Leasehold Estate means Borrower’s interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following:

  • communal land means land under the jurisdiction of a traditional council determined in terms of section 6 of the Eastern Cape Traditional Leadership and Governance Act, (Act 4 of 2005) and which was at any time vested in -

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • the Land means the land (including for the avoidance of doubt all buildings, structures landscaping and other erections) situated at and known as Xxxxxxx School Xxxxxxxxxxx Xxxx Xxxxxxxxxx Xxxxxxxxx XX00 0XX and registered under Title Number WT292137;