Structure of Ngāti Tama Ki Te Waipounamu Trust
Ngāti Tama ki Te Waipounamu Trust is the representative organisation for Ngāti Tama ki Te Tau Ihu. The purpose of the Trust is to receive, hold and manage and administer the trust fund on behalf of and for the benefit of the present and future members of Ngāti Tama ki Te Tau Ihu. The Trust has two wholly-owned companies and a charitable Trust.
Tama Te Tau Ihu Limited is the management company and provides corporate and administrative services to all entities within the Trust Group. The company is required to, among other tasks, ensure clear and transparent communications are maintained between the Ngāti Tama ki Te Tau Ihu entities and manage commercial activity on behalf of the Tama Asset Holding Company. Tama Te Tau Ihu limited has management services agreements with the Trust, the Cultural Trust and Tama Asset Holding Company. The Company is required to provide services to these entities on the terms and conditions set out in each agreement. The services range from having responsibility for day to day management of the each entities business to assisting each entity with its annual reporting and planning.
Ngāti Tama ki Te Tau Ihu Cultural Trust is the charitable arm of the Trust Group and provides benefits such as education grants, tangi koha, and cultural wananga to iwi members. The purpose of the trust is to receive, hold, manage and administer the trust fund for every charitable purpose benefiting Ngāti Tama ki Te Tau Ihu.
Tama Asset Holding Company Limited is the Asset Holding Company for Ngati Tama ki Te Tau Ihu in line with the requirements of the Maori Fisheries Act and holds the fisheries and aquaculture assets. All assets held by this company are held, managed and administered by the company as trustee for the benefit of the Trust or Ngati Tama ki Te Tau Ihu. Directors on this company are responsible for following the strategic and commercial direction set by Ngāti Tama ki Te Waipounamu Trustees.