3000 version 4 28-Jun-16 1 of 3 HORTICULTURE PROPERTY MANAGEMENT Select and plan ownership options for horticulture property level: 5 credit: 2 planned review date: June 2008 sub-field: Horticulture purpose: People credited with this unit standard are able to select and arrange implementation of a structure and procedures for securing present and future ownership of horticulture property. entry information: Open. accreditation option: Evaluation of documentation and visit by NZQA, industry and teaching professional in the same field from another provider. moderation option: A centrally established and directed national moderation system has been set up by the Primary Industry Training Organisation. special notes: Case studies may be used as the basis for this unit standard. Elements and Performance Criteria element 1 Evaluate business structures. performance criteria 1.1 Selection of a structure for the business is based on assessment of management, and future planning implications of structure options available. New Zealand Qualifications Authority 2016 3000 version 4 28-Jun-16 2 of 3 HORTICULTURE PROPERTY MANAGEMENT Select and plan ownership options for horticulture property 1.2 Assessment of the implications for the owner in the business structure chosen determines planning requirements. Range: taxation, estate transfer, transfer of control. element 2 Make plans for estate transfer and management succession. performance criteria 2.1 Preparation of a will legally documents plans for transfer of assets to chosen successor. 2.2 Identification of methods for transferring assets prior to death enables them to be implemented where required. 2.3 Provision for interim management in case of accident, premature death, or break up of the family, is arranged. 2.4 Options for retirement involvement in the business are defined, and selected option legally documented. Comments on this unit standard Please contact Primary Industry Training Organisation http://www.primaryito.ac.nz if you wish to suggest changes to the content of this unit standard. Please Note Providers must be accredited by the Qualifications Authority or a delegated interinstitutional body before they can register credits from assessment against unit standards or deliver courses of study leading to that assessment. Industry Training Organisations must be accredited by the Qualifications Authority before they can register credits from assessment against unit standards. Accredited providers and Industry Training Organisations assessing against unit standards must engage with the moderation system that applies to those standards. New Zealand Qualifications Authority 2016 3000 version 4 28-Jun-16 3 of 3 HORTICULTURE PROPERTY MANAGEMENT Select and plan ownership options for horticulture property Accreditation requirements and an outline of the moderation system that applies to this standard are outlined in the Accreditation and Moderation Action Plan (AMAP). The AMAP also includes useful information about special requirements for providers wishing to develop education and training programmes, such as minimum qualifications for tutors and assessors, and special resource requirements. This unit standard is covered by AMAP 0032 http://www.nzqa.govt.nz/site/framework/search.html. which can be accessed at New Zealand Qualifications Authority 2016