Services to the Māori Trustee

Description

This output class involved the provision of full office services to the Māori Trustee, including personnel, accommodation and corporate support.

The Māori Trustee (as established by The Māori Trustee Act 1953) exists:

• to protect and enhance the interests of Māori clients and their resources
• to manage the adverse effects of fragmented and multiple ownership of Māori land; and
• to provide fair, proper and prudent administration and management of clients’ assets within the principles and obligations of trusteeship and agency.

The quality and quantity of services were provided as detailed in the agreement between the Chief Executive of Te Puni Kōkiri and the Māori Trustee.

The Māori Trustee’s assessment of the services provided by Te Puni Kōkiri was sought, and he indicated that he was more than satisfied with the level of services provided by and agreed to, with Te Puni Kōkiri. The cost of the services provided exceeded the fee for services negotiated with the Māori Trustee at the beginning of the financial year.

Financial Performance

(figures are GST exclusive)