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A Body Corporate & Statutory Trust 

homepage.jpgThe iTaukei Land Trust Board (formerly known as the Native Land Trust Board) is a statutory trust was established in 1940 to control and administer itaukei land on behalf and for its indigenous owners whether it is a Yavusa, Mataqali and Tokatoka.
 
It is also a a body corporate that deals with itaukei land by way of leases and licenses issued over such land. It is the largest and best land provider and land management services in Fiji. It facilitates access to lands and land-based resources for social and economic development. Its purpose is to secure, protect and manage land ownership rights assigned to the iTaukei landowners and to facilitate the commercial transactions that revolve around its use. It is doing all this for the national good and public interests but in particular for the benefit of the itaukei landowners.
 
Back then, iTaukei land comprises 87 percent of all the land in Fiji and was permanently deeded by the British Crown in the 1880’s. The other land types are Sate Land, Freehold and Rotuma Island and they share the rest of the nine percent that makes up Fiji’s total landmass.
 
To put it in simple terms, these land cannot be sold. It will forever remain the property of itaukei landowners. The Board’s mandate and trusteeship duty is in Section 4 of the iTaukei Land Trust Act, which provides that:
 
“The control of all itaukei lands shall be vested in the Board and all such lands shall be administered by the Board for the benefit of the iTaukei owners”
 
Core Roles

  1. To control and manage itaukei land by way of leases and licences;

  2. To collect and distribute premiums and rents derived from leased land;

  3. To ensure that sufficient land are “reserved” for the use, maintenance and support of its owners;

  4. To control and manage extinct mataqali land, and;

  5. To monitor compliance with lease and licence conditions.

TLTB At Present 

Now iTaukei Land comprises of 91 percent of the country’s total landmass and from the total land area of 18,270 square kilometers only 4,477 square kilometers (447,665 hectares) has been taken up by the current lease count of 42,515.

TLTB now enjoys an annual turnover of around $70 million from the management of residential leases, agricultural leases, commercial leases, tourism leases, water/mineral leases, industrial leases, forestry leases, educational leases, civic leases and many other purposes.

Its success is derived from its uniqueness as:

  • It is the only native land-administrating body of its kind in the world.

  • It is a legal entity, statutory trust and a body corporate.

  • It is the only surviving product of the British Colony which is known to have withstood the test of time and tide of political, social and economic change from the 1940 to independence in 1970 and post-independence to today.

As Fiji continues to grow, and make its presence felt in the world of tourism, agriculture and in commerce it is a virtual certainty that the requirements for utilization of land will expand dramatically.

The Government is doing all it can to make more land available for productive and social purposes and TLTB are positioned to assist both investors and landowners to ensure great success for all.




 

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