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Ngāti Whātua Ōrākei Special General Meeting (SGM) will be held on Sunday 13 September this year at Ōrākei Marae.
The intent of these changes is to improve the way the Deed works for us and to provide the capacity to deliver on our strategy and plans. Proposed changes to the Ngāti Whātua Ōrākei Trust Deed will be put to a special vote at the SGM this year. The proposed Trust Deed changes include:
1. Membership definition for Ngāti Whātua Ōrākei
2. Debt Ratio requirements
3. Electronic nominations, voting, hui and notices
4. Trusts Act 2019 alignment
5. Minor improvement and administration amendments
In the lead up to the SGM, our aim is to equip whānau with as much information as possible to encourage informed decisions. In the spirit of tino rangatiratanga, we are now looking to make changes to our Trust Deed. The current deed has been with us since 2011 and was developed through the settlement process. We have grown and developed since then so it is timely to update the deed to better reflect us today and set us up for the future.
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Frequently Asked Questions.
What is the purpose of the SGM?
The intent of these changes is to improve the way the Deed works for us and to provide the capacity to deliver on our strategy and plans. Proposed changes to the Ngāti Whātua Ōrākei Trust Deed will be put to a special vote at the SGM this year. The proposed Trust Deed changes include:
1. Membership to Ngāti Whātua Ōrākei
2. Loan-to-Value Ratio (LVR)
3. Administration Amendments
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