This bill provides clearer governance structures such as trusts, incorporations, or external administrators to administer the land for the benefit of the participating owners. It also provides accountability mechanisms to ensure that those who are entrusted to govern the land for the benefit of iwi, hapū, and whānau do so competently and can be held to account for any breach of duty. This would be likely to give financial institutions greater confidence in lending to multiple-owned whenua Māori land for papakāinga intergenerational collective housing as well as agricultural and other enterprises on that land.