Cultural Trust to perform charitable role for Ngāti Tama Group

Ngāti Tama ki Te Tau Ihu Cultural Trust (NTCT) has been approved to perform the charitable role within the Ngāti Tama Group (the Group), following a review of the Tama entities including Ngāti Tama ki Te Waipounamu Trust (NTWT), Tama Asset Holding Company (TAHC) and NTCT.

Over the past eighteen months, the trustees sought and considered legal and financial advice about the overall structure of the entities to enhance operations across the Group. As a result of the review, NTWT approved to support NTCT to perform its charitable role within the Group.

NTCT will be guided by strategic and operational plansand advice from NTWT and current NTWT staff. This aims to result in effective and efficient use of resources, reduce risk of work duplication and mitigate any foreseen compliance issues.

All functions for the Ngāti Tama Group are performed by NTWT and all staff are employed by NTWT. These functions include servicesthatNTCTasaregisteredcharityhas taken advantage of since Nov 2016.

NTCTwillcontinuetoprovideNTWTandTAHC with services obtained at discounted rates due to its status as a registered charity.

New Trustees of NTCT will be appointed to ensurethatallNgātiTamaGroupexpenditure and charitable activity is being treated correctly and efficiently.

Cultural mahi will continue. This will happen aspartofday-to-daystaffresponsibilitiesand through guidance and advice from NTWT committees or working groups. The recent cultural trustees will have completed their roles and have been invited to be members of the NTWT Grants and Scholarships Committee.

The changes have begun and will be fully effective from January 2020.