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Showing posts with label Rakihia Tau. Show all posts
Showing posts with label Rakihia Tau. Show all posts

Sunday, September 11, 2016

Mike Butler: Forestry trust assets shrink


Crown Forestry Rental Trust funds are diminishing as more forestry land is given to claimant groups is the unsurprising 2016 message of the trust to its appointors -- the New Zealand Maori Council, the Federation of Maori Authorities and the Minister of Finance, Bill English.

The trust was set up under the Crown Forest Assets Act 1989 as a self-funding organisation that is midway between the Crown and Maori to hold Crown forestry land that may be subject to treaty claims and collect rentals paid to the Crown for forests grown on Crown land.