In legal terms, Westhaven Marina is owned by two trusts. Westhaven (Existing Marina) Trust (encompassing pier A to the west side of pier T) was established with the founding of the Marina, and Westhaven (Marina Extension) Trust (from the east side of pier T to pier X) was established when the Marina was extended in the mid 1990’s.
The seabed is owned by Auckland Council, and the facility is managed on behalf of the Berth Entitlement Unit (BEU) holders by Panuku Development Auckland which employs the team at the marina office to take care of the day-to-day operations.
Westhaven Marina Limited (WML) is the corporate Trustee of Westhaven (Existing Marina) Trust and Westhaven (Marina Extension) Trust. The company has three directors who are appointed by the company’s shareholder, Panuku Development Auckland. One director is independent.
As trustee of the Existing Marina Trust and the Marina Extension Trust, Westhaven Marina Limited has duties to:
- adhere to the terms of the trust deeds;
- act in the beneficiaries’ best interests;
- act impartially having regard to the interests of all beneficiaries of the trusts; and
- provide the berths in accordance with the terms of the licenses.