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In the September 2016 edition of Nati Link we announced the review of the Te Runanganui o Ngati Porou (TRONPnui) Trust Deed. Since then, a review process schedule has been created, which includes an invitation to Ngati Porou Iwi members to contribute submissions to the review committee. Details about the consultation hui and submission process are yet to be confirmed, however in the meantime a set of FAQs has been compiled to help provide further clarity about this important kaupapa.
A. The TRONPnui Trust Deed review represents a significant and exciting opportunity for all of Ngati Porou to reflect on how the Runanganui and its subsidiaries, are governing and managing your assets. You, as the owner of the asset (currently worth approximately $223 million), have the opportunity to change the way things are being done or ensure those aspects that are operating effectively are kept. The Trust Deed is the document that sets the standard that you can expect of your governing and management body.
A. It is the legal document that established TRONPnui and empowered it to govern and manage the post-settlement assets on behalf of all Ngati Porou. The Trust Deed was signed in 2010 and confirmed in 2011. One of clauses within the Trust Deed states that it is mandatory that a review of the Trust Deed and its operation, be undertaken after 5 years.
A. The review process has the capability to cover all aspects of the Trust Deed and its operation, and consider what is working or not working well.
Consideration can include:
• the current structure of Te Runanganui o Ngati Porou
• the day to day running of the Runanganui
• relationships between the Runanganui and its subsidiaries, Toitu Ngati Porou and Ngati Porou Holding Company
• the 14 elected representatives (including the noho kaenga structure)
• provisions relating to those living outside the rohe
A. Yes. The Toitu Ngati Porou Deed and the Ngati Porou Holding Company Constitution provide that their review should take place at the same time as the review of the Runanganui Trust Deed. The Runanganui will conduct that review.
A. Once dates and venues for the consultation hui and submission process are confirmed, you will be immediately notified. Until then please update your registration details on the Ngati Porou Register to ensure you receive this information. You can also contact your Rohenga representative on the TRONPnui board or your local Taurahere for further details.
For more info go to www.ngatiporou.com/trustdeedreview
(NB: this version slightly differs from Trust Deed Review Terms of Reference).
January to May: Consultation with Ngati Porou & call for submissions. The Review committee will hold hui within the Ngati Porou rohe and major centres including Auckland, Hamilton, Hawkes Bay, Wellington and Christchurch.
June to August: Review Committee to review submissions and feedback.
September: Review Committee to present recommendation to Board.
October: Prepare Review Report for November AGM.
November 25: The Trust Deed Review report will be presented at the TRONPnui 2017 Hui a Tau in the morning. In the afternoon, a Special General Meeting will be held to consider the Special Resolution of Members that pertains to the Trust Deed Review.
