Current issues

The constitution and the current board

The KCLT Constitution provides for two trustees appointed by each of its two Membership Classes at the Annual General Meeting (AGM). KVI currently has no appointed representatives on the KCLT Board.

The AGM was due by 30 June 2026 and remains overdue, with no announcement from KCLT of its intention to hold it. The group currently acting as the Board is therefore making decisions without representatives appointed by the KVI Membership Class.

KVI’s position is that this does not provide the two-class representation required by the Constitution. Holding the overdue AGM would enable both Membership Classes to make their appointments and restore that representation. Prospective residents should understand this unresolved governance situation before entering a lease or purchasing an existing leasehold interest.

Source: Constitution, clauses 6(b) and 7(b)–(d), PDF pages 5–6.

Financial and governance transparency

KCLT has removed KVI members’ longstanding access to view the KCLT accounts and has not acknowledged KVI’s requests to restore that access. Board meeting minutes have also not been made available to KVI members, despite clause 7(k) of the KCLT Constitution requiring them to be available for inspection by Trust Members at reasonable times.

This lack of transparency prevents us from reviewing the Trust’s current financial position and the decisions being made on its behalf.

Source: KCLT Constitution, clause 7(k).

Debt and lease sales

Based on the information available to KVI, KCLT’s outstanding debts exceed $120,000. Without access to current accounts or a current year-end financial report, we cannot confirm the exact total or the funds currently available for repayment.

Proceeds from the sale of KCLT’s remaining unsold residential leases can contribute towards repaying these debts. Proceeds from resales by Koanga Institute (KI) or individual leaseholders go to those sellers, rather than KCLT, and therefore do not fund repayment of KCLT’s debts.

We cannot currently establish how much funding would remain for village infrastructure after debt repayment. Prospective buyers should confirm what infrastructure is included in their purchase and how any outstanding work will be funded.

Road access and infrastructure

KCLT’s stated role includes developing village roading, water infrastructure and community facilities.

KCLT has not provided capital funding for road construction within the village. Members are currently doing what they can to improve access to their sites.

We cannot currently establish whether proceeds from the sale of KCLT’s remaining unsold residential leases would leave funds available for infrastructure after repayment of its debts. Prospective buyers should confirm the condition of year round access to their site, any work still required, and who would carry out and fund that work.