Community-owned Masterton Trust Lands Trust (MTLT) yesterday announced positive financial results and a small increase in overall property portfolio value for the 12 months ended 31 March 2018. Read more
Beneficiaries of Masterton Trust Lands Trust grants must live or operate within the boundaries of a largely urban area described as the ‘Trust district’.
This area was originally defined by legislation in 1871 for the purpose of MTLT Trustee elections and has been since been updated as legislation has been amended. The current Act is the Masterton Trust Lands Act 2003.
The Trust district means all the land area:
Criteria for beneficiaries of MTLT Scholarships and students is slightly wider to include students who are, or at some time have been, resident within the Trust district.