sheepBeneficial Owners

Owners in the trust are usually referred to as shareholders, beneficiaries or collectively as beneficial owners.

Shareholders are the owners of the trust registered on the Maori Land Court: List of Registered Owners. This person or trust has ownership of a particular set of shares within The Omapere Taraire E & Rangihamama X3A Ahu Whenua Trust.

Beneficiaries are descendants of the registered shareholders who can succeed their shares. In the case that the registered shareholder is a trust itself, then this trust will also have listed beneficiaries. These beneficiaries are also beneficiaries of ORT.

In communications the term beneficial owners is used to refer to both shareholders and beneficiaries as the owners of the trust.