Smith v The Māori Trustee - Waipaoa 5A2 (2014) 44 Tairawhiti MB 104 (44 TRW 104) [pdf, 188 KB]
...lieu of receiving compensation. 3.4 The MLC confirmed a lease under Part XXIII/53 to the Smiths for a term of 21 years from 1 September 1954 with a right of renewal for 21 years and appointed The Māori Trustee agent to administer the lease. Clause 21 of the lease detailed the value of improvements belonging to the Lessors at the commencement of the lease as €5360 being for the dwelling €535 and other buildings €300 plus fencing, clearing grassing and other improvements....