Kaumātua Grant

For ages 65 and over

Summary of Kaumātua Grant Policies

The Trustees of the Aotearoa Trust have resolved to pay a Kaumātua Grant of $1,000 to Beneficial Owners who are over the age of 65. This payment is to assist the wellbeing of Kaumātua and will be scheduled to be paid in July each year.

Application forms for the Kaumātua Grant will be sent out with annual dividend letters to all Kaumātua on the database who are or will be aged 65 or older as at 31 December of that year.

The approval of a Kaumātua Grant is subject to the following criteria being met:

• • The eligibility for a Kaumātua Grant is set at 65 years of age or older.
  • The applicants for the Kaumātua Grant must be a Beneficial Owner of Aotearoa Trust Wharepuhunga 16B8. In the case of Whanau Trusts, qualifying beneficiaries are eligible for Grants provided they can whakapapa back to the original shareholder prior to the establishment of the Whanau Trust.
  • The payment of a Kaumātua Grant must be made directly into the bank account of the registered Beneficial Owner.
  • Beneficial Owners who live outside of New Zealand are eligible for the Kaumātua Grant, however they must have a New Zealand bank account in their own name to receive payment.
  • Applicants must complete the Kaumātua Grant Application Form and thereafter a Kaumātua Grant Annual Confirmation Form.

Apply for this Grant