Māori Fisheries Act 2004
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Version as at 26 July 2026
Māori Fisheries Act 2004
Public Act |
2004 No 78 |
|
Date of assent |
25 September 2004 |
|
Commencement |
see section 2 |
Act title: amended, on 26 July 2026, by section 5 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Note
The Parliamentary Counsel Office has made editorial and format changes to this version using the powers under subpart 2 of Part 3 of the Legislation Act 2019.
Note 4 at the end of this version provides a list of the amendments included in it.
This Act is administered by the Ministry for Primary Industries.
Contents
Preamble
Background to Act as enacted
(1)
By Te Tiriti o Waitangi/the Treaty of Waitangi, the Queen of England confirmed and guaranteed to the chiefs, tribes, and individual Maori the full, exclusive, and undisturbed possession of their fisheries for so long as they wished to retain them:
(2)
Maori claimed in proceedings in the High Court and in various claims to the Waitangi Tribunal that the quota management system introduced by the Fisheries Amendment Act 1986 was unlawful and in breach of the principles of Te Tiriti o Waitangi/the Treaty of Waitangi, or had no application to Maori fisheries (including commercial fisheries):
(3)
In legal proceedings, Maori obtained from the High Court and the Court of Appeal, by way of interim relief, a declaration that the Crown ought not to take further steps to bring the fisheries within the quota management system:
(4)
The Maori Fisheries Act 1989 was enacted to make better provision for the recognition of Maori commercial fishing rights secured by Te Tiriti o Waitangi/the Treaty of Waitangi. The Act provided that the Maori Fisheries Commission was to be provided with 10% of all quota holdings then subject to the quota management system, or the equivalent value in cash as compensation for commercial fishing claims:
(5)
A Deed of Settlement dated 23 September 1992 was entered into between the Crown and representatives of the New Zealand Maori Council, the National Maori Congress, and iwi:
(6)
In that Deed of Settlement it was agreed that the settlement (which was ultimately for the benefit of all Maori), the implementation in legislation of the agreements made in that Deed, and the continuing relationship between the Crown and Maori, would constitute a full and final settlement of all Maori claims to commercial fishing rights:
(7)
The Treaty of Waitangi (Fisheries Claims) Settlement Act 1992, an Act “to give effect to the settlement of claims relating to Maori fishing rights”
, provided for the implementation of the Deed of Settlement through the following means:
(a)
reconstitution of the Maori Fisheries Commission as the Treaty of Waitangi Fisheries Commission; and
(b)
payment by the Crown to the Treaty of Waitangi Fisheries Commission of a sum of $150 million to be used for the development and involvement of Maori in the New Zealand fishing industry, including participation in a joint venture with Brierley Investments Limited to acquire Sealord Products Limited, a major fishing company; and
(c)
provision for the allocation to the Treaty of Waitangi Fisheries Commission of 20% of quota for any new quota management stocks brought within the quota management system; and
(d)
provision for the making of regulations to recognise and provide for customary food gathering by Maori; and
(e)
empowerment of the Treaty of Waitangi Fisheries Commission to allocate the assets held by the Maori Fisheries Commission at the settlement date specified in the Deed of Settlement, after considering how best to give effect to the resolutions adopted by the Annual General Meeting of the Maori Fisheries Commission on 25 July 1992 and reporting to the Minister of Fisheries for approval of that scheme of allocation; and
(f)
empowerment of the Treaty of Waitangi Fisheries Commission, after full consultation with Maori, to develop and report to the Minister on proposals for a new Maori Fisheries Act that would provide—
(i)
a scheme for identifying the beneficiaries and their interests under the Deed of Settlement; and
(ii)
a procedure to allocate the assets of the Treaty of Waitangi Fisheries Commission (other than those held prior to the signing of that Deed):
(8)
The Crown, through the provisions of the Fisheries Act 1996, allocates to the Treaty of Waitangi Fisheries Commission 20% of quota for any new quota management stocks brought within the quota management system:
(9)
The Treaty of Waitangi Fisheries Commission, having considered its duties under the Maori Fisheries Act 1989 and the Deed of Settlement, has examined alternative methods for allocating its assets, produced discussion material, and consulted with iwi and Maori on the allocation of the assets referred to in Schedule 1A of the Maori Fisheries Act 1989:
(10)
In 1998 the Treaty of Waitangi Fisheries Commission developed an “optimum model”
for allocation. The bases for that model have been challenged in successive court actions and overall have been found to have been consistent with the intent of the Deed of Settlement:
(11)
The Judicial Committee of the Privy Council, in Te Waka Hi Ika o Te Arawa v Treaty of Waitangi Fisheries Commission [2002] 2 NZLR 17, held that the obligations of the trust imposed by the Deed of Settlement required the benefits of the settlement to be allocated to iwi, meaning the traditional tribes, for the ultimate benefit of all Maori:
(12)
Subsequently, the Treaty of Waitangi Fisheries Commission considered and took into account the findings of the courts as to its duties under the Maori Fisheries Act 1989 and the Deed of Settlement. It examined alternative methods for allocating its assets, produced further consultation material, consulted with iwi and Maori, and after undertaking additional processes to reach agreement on the model, considered that it had secured the maximum possible support for its allocation proposals:
(13)
In May 2003, the Treaty of Waitangi Fisheries Commission reported to the Minister of Fisheries on its proposal for the allocation of the assets it held on the settlement date specified in the Deed of Settlement: He Kawai Amokura: A model for allocation of the Fisheries Settlement Assets: Report to the Minister of Fisheries:
(14)
The Minister of Fisheries assessed the proposal of the Treaty of Waitangi Fisheries Commission, in accordance with the requirements of the Maori Fisheries Act 1989 and the Deed of Settlement, and considered the proposal to be consistent with those requirements. He therefore agreed to incorporate the proposal in legislation:
(15)
The enactment of this legislation will complete implementation of the agreements in the Deed of Settlement between the Crown and Maori in respect of Maori claims to commercial fisheries, as outlined in the Preamble to that Deed and in the Preamble of the Treaty of Waitangi (Fisheries Claims) Settlement Act 1992.
Background to amendments made by Māori Fisheries Amendment Act 2024
(16)
The first review of entities established under this Act was required by section 114(2) to be completed no later than the end of the 11th year after the commencement of this Act:
(17)
An independent review of the entities was completed in 2015, and a written report under section 125 was prepared by the reviewer:
(18)
As contemplated by section 126(1), each affected entity (except Te Pūtea Whakatupu Trustee Limited) prepared a plan specifying actions it intended to take to address the findings and recommendations of the reviewer:
(19)
Te Ohu Kai Moana Trustee Limited convened a general meeting as required by section 127(1):
(20)
At that general meeting, and at later general meetings, various resolutions were approved, as contemplated by section 127:
(21)
Amendments to this Act were necessary to give effect to some resolutions that had the level of mandated iwi organisations support required by section 127(3):
(22)
As required by section 127(3)(b), Te Ohu Kai Moana Trustee Limited, in reports made in 2016 and 2017 to the Minister (and that section 4A requires to be made publicly available), requested the Minister to promote those necessary amendments, and certain other amendments that were considered desirable:
(23)
The enactment of the Māori Fisheries Amendment Act 2024 will implement those necessary or desirable amendments from that first review.
Preamble recital (1) heading: inserted, on 26 July 2026, by section 4(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Preamble recital (1): amended, on 26 July 2026, by section 4(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Preamble recital (2): amended, on 26 July 2026, by section 4(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Preamble recital (4): amended, on 26 July 2026, by section 4(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Preamble recital (16) heading: inserted, on 26 July 2026, by section 4(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Preamble recital (16): inserted, on 26 July 2026, by section 4(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Preamble recital (17): inserted, on 26 July 2026, by section 4(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Preamble recital (18): inserted, on 26 July 2026, by section 4(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Preamble recital (19): inserted, on 26 July 2026, by section 4(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Preamble recital (20): inserted, on 26 July 2026, by section 4(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Preamble recital (21): inserted, on 26 July 2026, by section 4(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Preamble recital (22): inserted, on 26 July 2026, by section 4(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Preamble recital (23): inserted, on 26 July 2026, by section 4(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
1 Title
This Act is the Māori Fisheries Act 2004.
Section 1: amended, on 26 July 2026, by section 5 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
2 Commencement
This Act comes into force on the day after the date on which it receives the Royal assent.
Part 1 Purposes of Act, key concepts, and key iwi organisations
Subpart 1—Purposes, outline, and interpretation
3 Purposes
(1)
The purposes of this Act are to—
(a)
implement the agreements made in the Deed of Settlement dated 23 September 1992; and
(b)
provide for the development of the collective and individual interests of iwi in fisheries, fishing, and fisheries-related activities in a manner that is ultimately for the benefit of all Maori.
(2)
To achieve the purposes of this Act, provision is made to establish a framework for the allocation and management of settlement assets through—
(a)
the allocation and transfer of specified settlement assets to iwi as provided for by or under this Act; and
(b)
the central management of the remainder of those settlement assets.
4 Outline of Act
(1)
This section and sections 30, 129, 155, 177, and 188 are a guide to the general scheme of the Parts of this Act, but do not affect the interpretation or application of the other provisions of this Act.
(2)
This Act replaces the Maori Fisheries Act 1989.
(3)
The Preamble sets out—
(a)
the background to this Act as enacted; and
(b)
the background to the amendments made by the Māori Fisheries Amendment Act 2024 (see also section 4A).
(4)
Following the Title and commencement clauses, Part 1 contains—
(a)
subpart 1, which includes the purpose and interpretation provisions; and
(b)
subpart 2, which sets out the key concepts for the allocation of settlement assets, namely, provisions for the classification of quota, the determination of iwi population, and the determination of iwi coastline entitlements, including interim and supplementary coastline entitlements; and
(c)
subpart 3, which relates to the nature and role of iwi organisations involved with the allocation of settlement assets, including provisions allowing for the reorganisation of joint mandated iwi organisations.
(5)
The schedules set out—
(aa)
transitional, savings, and related provisions (other than transitional provisions about this Act as enacted, which are set out in Part 6); and
(a)
the quota shares provided to the Treaty of Waitangi Fisheries Commission under section 40 of the Maori Fisheries Act 1989 (the interim settlement) and those since allocated to the Treaty of Waitangi Fisheries Commission under section 44 of the Fisheries Act 1996; and
(b)
the relevant harbours and harbour quota for allocation in relation to those harbours; and
(c)
iwi listed by groups and the notional population of each iwi; and
(d)
organisations that are recognised iwi organisations; and
(e)
the representative Maori organisations; and
(f)
the method for determining coastline entitlements; and
(g)
the kaupapa that apply to the constitutional documents of mandated iwi organisations; and
(h)
[Repealed](i)
consequential amendments.
Section 4(3): replaced, on 26 July 2026, by section 6(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 4(5)(aa): inserted, on 26 July 2026, by section 6(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 4(5)(h): repealed, on 26 July 2026, by section 6(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
4A Duty to make available reports on amendments to Act
(1)
The chief executive must make publicly available the reports—
(a)
on amendments to this Act; and
(b)
made in 2016 and 2017 by Te Ohu Kai Moana Trustee Limited to the Minister; and
(c)
mentioned in paragraph (22) of the Preamble to this Act.
(2)
In this section,—
chief executive means the chief executive of the Ministry
Ministry means the department of State that is, with the authority of the Prime Minister, for the time being responsible for the administration of this Act
publicly available means—
(a)
available free of charge on an Internet site administered by or on behalf of the Ministry and publicly available as far as practicable and free of charge; and
(b)
available for inspection free of charge, and for purchase at a reasonable price, at an office of the Ministry in Wellington and open to the public at reasonable times on working days.
Section 4A: inserted, on 26 July 2026, by section 7 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
5 Interpretation
(1)
In this Act, unless the context otherwise requires,—
adult member means a person 18 years of age or over
AFL Group means Aotearoa Fisheries Limited and its subcompanies
allocate,—
(a)
in respect of settlement assets, means the determination of the quantum of those assets to be transferred to an iwi; but
(b)
does not include—
(i)
the transfer of those assets by Te Ohu Kai Moana Trustee Limited; or
(ii)
distributions made under section 83(b) or section 95(b); or
(iii)
grants of assistance made under section 35(1)(h)
annual catch entitlement has the meaning given to it in section 2(1) of the Fisheries Act 1996
Aotearoa Fisheries Limited means the company established in accordance with section 60 (and see also section 60(3), which requires references to Aotearoa Fisheries Limited, if the company changes its name, to be read as references to the company under its new name)
appointed day means the day specified as the appointed day by the Governor-General by Order in Council made on the recommendation of the Minister at the request of the Treaty of Waitangi Fisheries Commission, being a day not later than 45 working days after the commencement of this Act (see subsection (2))
asset-holding company means a company—
(a)
established as required by section 12(1)(d); and
(b)
that complies with section 16(1) and (2); and
(c)
whose constitutional documents comply with the relevant requirements of sections 17 and 18
beneficiary of the Deed of Settlement means iwi and, through iwi, ultimately all Maori
charitable status, in relation to an entity, means that the entity is a charitable entity under the Charities Act 2005
Chatham zone has the meaning set out in section 142
coastline entitlement means a registered coastline entitlement obtained in accordance with Schedule 6
constitutional documents, in relation to a company, trust, or other entity set up for the purposes of this Act, means the constitution, trust deed, or rules adopted for the governance of the company, trust, or other entity
Court—
(a)
means the District Court or, where proceedings are commenced in the High Court, the High Court; but
(b)
does not include the Maori Land Court
Deed of Settlement means the Deed of Settlement dated 23 September 1992 signed by the Crown and Maori and referred to in the Treaty of Waitangi (Fisheries Claims) Settlement Act 1992
deepwater quota means—
(a)
the settlement quota identified in Schedule 1 as DW; and
(b)
the quota of any new quota management stocks brought into the quota management system under section 18 of the Fisheries Act 1996 that Te Ohu Kai Moana Trustee Limited determines to be deepwater quota under section 7
earnings means interest and dividends
financial year means the period of 12 consecutive months nominated in a constitutional document as the financial year of the entity concerned
fisheries has the meaning given to fisheries resources in section 2(1) of the Fisheries Act 1996
fishing has the meaning given to it in section 2(1) of the Fisheries Act 1996
fishing permit has the meaning given to it in section 2(1) of the Fisheries Act 1996
fishing year has the meaning given to it in section 2(1) of the Fisheries Act 1996
freshwater means the waters of rivers, streams, lakes, ponds, estuaries, lagoons, wetlands, canals, impoundments, channels, or water courses, whether occurring naturally or artificially made
freshwater fisheries and freshwater fishing have the meanings set out in section 91
freshwater quota means—
(a)
the settlement quota identified in Schedule 1 as FW; and
(b)
the quota of any new quota management stocks brought into the quota management system under section 18 of the Fisheries Act 1996 that Te Ohu Kai Moana Trustee Limited determines to be freshwater quota under section 7
general meeting means an annual or special meeting that,—
(a)
in the case of a meeting convened by Te Ohu Kai Moana Trustee Limited, is open to—
(i)
all mandated iwi organisations and recognised iwi organisations and the members of the iwi represented by each mandated iwi organisation and each recognised iwi organisation; and
(ii)
all representative Maori organisations and their members; and
(iii)
[Repealed](b)
in the case of a meeting convened by a mandated iwi organisation, is open to all members of the iwi; and
(c)
in each case, complies with the constitutional documents of the organisation convening the meeting
harbour quota means—
(a)
that part of the settlement quota listed in Schedule 1 that is quantified in Part 2 of Schedule 2; and
(b)
the number of quota shares of any new quota management stocks brought into the quota management system under section 18 of the Fisheries Act 1996 that Te Ohu Kai Moana Trustee Limited determines to be harbour quota under section 7
He Kawai Amokura means the report to the Minister of Fisheries referred to in paragraph (13) of the Preamble
individual transferable quota has the meaning given to it in section 2(1) of the Fisheries Act 1996
Inland Revenue Acts has the meaning given to it in section 3(1) of the Tax Administration Act 1994
inshore quota means—
(a)
the settlement quota identified in Schedule 1 as IN; and
(b)
the quota of any new quota management stocks brought into the quota management system under section 18 of the Fisheries Act 1996 that Te Ohu Kai Moana Trustee Limited determines to be inshore quota under section 7
interim coastline entitlement means a registered interim coastline entitlement obtained in accordance with Schedule 6
investment plan has the meaning set out in section 78
iwi—
(a)
means an iwi listed in column 1 of Schedule 3; and
(b)
includes all the members of that iwi; and
(c)
as listed in the notes to Schedule 3, in relation to—
(i)
the iwi of Hauraki, means 1 or more of the iwi listed in note (1); and
(ii)
the iwi of Te Arawa, means 1 or more of the iwi listed in note (2)
iwi register means the register set up by Te Ohu Kai Moana Trustee Limited in accordance with section 40
joint mandated iwi organisation has the meaning set out in section 19
kaupapa means principle or principles
mandated iwi organisation, in relation to an iwi, means an organisation recognised by Te Ohu Kai Moana Trustee Limited under section 13(1) as the representative organisation of that iwi under this Act, and a reference to a mandated iwi organisation includes a reference to a recognised iwi organisation to the extent provided for by section 27
Māori—
(a)
means a person of the Māori race of New Zealand; and
(b)
includes a descendant of any such person
member of an iwi means a person who affiliates to the iwi through descent from a primary ancestor of the iwi, or a person granted that status in accordance with kaupapa 6 of Schedule 7
Minister means the Minister of the Crown who, under the authority of any warrant or with the authority of the Prime Minister, is for the time being responsible for the administration of this Act
National Urban Maori Authority means the trust of that name established by trust deed dated 8 May 2003
Ngapuhi means the iwi listed under the heading “B—NGAPUHI”
in Schedule 3
Ngati Hine means the group that is a member of Ngapuhi
Ngati Kahungunu means the iwi listed under the heading “G—TAKITIMU”
in Schedule 3
notional iwi population, in relation to any iwi or mandated iwi organisation, means the population of the relevant iwi as shown in column 2 of Schedule 3 (subject to sections 20(3)(a), 21(1)(b), and 23(3)(b))
ordinary share means a share in Aotearoa Fisheries Limited that—
(a)
becomes an ordinary share under clause 2 of Schedule 1AA; or
(b)
is later issued as an ordinary share in accordance with the constitution of Aotearoa Fisheries Limited
panui means a notice or other form of written communication population of an iwi has the meaning set out in section 10
percentage, for a notional iwi population, means the percentage (of total notional iwi population) shown for that notional iwi population in column 3 of Schedule 3 (see sections 10(3), 54C(1)(f), and 54H(5)(b))
private notice means a notice—
(a)
sent by any means that is private to the recipient; and
(b)
in the case of a notice given by a mandated iwi organisation, complies with kaupapa 4 of Schedule 7
public notice means a notice that—
(a)
is published in a newspaper generally circulating in the relevant area or areas; and
(b)
may also be published by panui or electronic media, including radio or television; and
(c)
in the case of a notice given by a mandated iwi organisation, complies with kaupapa 4 of Schedule 7
quota has the meaning given to it in section 2(1) of the Fisheries Act 1996
quota management area has the meaning given to it in section 2(1) of the Fisheries Act 1996
quota management stock has the meaning given to it in section 2(1) of the Fisheries Act 1996
quota management system has the meaning given to it in section 2(1) of the Fisheries Act 1996
quota share has the meaning given to it in section 42 of the Fisheries Act 1996
recognised iwi organisation means an organisation recognised by Te Ohu Kai Moana Trustee Limited under section 27 as the recognised iwi organisation for an iwi, and includes organisations listed in Schedule 4
register of iwi members means the register required by kaupapa 5 of Schedule 7
registered coastline entitlement means the proportion and equivalent number of quota shares for a particular stock that—
(a)
is determined by Te Ohu Kai Moana Trustee Limited under section 11; and
(b)
is recorded in the iwi register by Te Ohu Kai Moana Trustee Limited under section 11(2)(b); and
(c)
represents the allocation, to a named iwi, of settlement quota for the stock, determined by coastline length under subpart 2 of Part 3
representative Maori organisation means an organisation specified in Schedule 5
Rongomaiwahine means the group that is a member of Ngati Kahungunu
settlement assets means—
(a)
the assets transferred to Te Ohu Kai Moana Trustee Limited under section 194(1)(c) (including Aotearoa Fisheries Limited and all its assets); and
(b)
any further quota shares allocated to Te Ohu Kai Moana Trustee Limited under section 44 of the Fisheries Act 1996; and
(c)
any New Zealand units allocated to Te Ohu Kai Moana Trustee Limited under the fishing allocation plan issued under the Climate Change Response Act 2002
settlement quota means quota shares that have a settlement quota interest registered against them
settlement quota interest has the meaning given to it in section 2(1) of the Fisheries Act 1996
special resolution,—
(a)
for the purposes of sections 115(1A), 116, 117, and 122(1A) (which relate to review of entities), means a resolution approved by 75% or more of the total of the votes of mandated iwi organisations and recognised iwi organisations entitled to vote and voting on the question; and
(b)
for Te Ohu Kai Moana Trustee Limited acting under section 13(1) or 35(1)(c) (see also section 38(3)(c)), or acting under section 54G(1) or 54H(1), means a resolution approved by 75% or more of its directors entitled to vote and voting on the question; and
(c)
for any company (including, without limitation, Aotearoa Fisheries Limited or any of its subcompanies, Te Ohu Kai Moana Trustee Limited, Te Pūtea Whakatupu Trustee Limited, or Te Wai Māori Trustee Limited) acting under any other provision of this Act, means a resolution approved by 75% or, if a higher percentage is required by the constitution, that higher percentage, or more of the total of the votes of those shareholders entitled to vote and voting on the question
statutory declaration means a declaration made before a person authorised under the Oaths and Declarations Act 1957 to take a declaration
stock means quota management stock
subcompany—
(a)
means a company, trust, or entity (whether or not it is a subsidiary of Aotearoa Fisheries Limited) over which Aotearoa Fisheries Limited—
(i)
controls, directly or indirectly, 50% or more of the votes; or
(ii)
appoints, or has the right to appoint, 50% or more of the directors, trustees, or office holders, as the case may be; and
(b)
includes—
(i)
a company that is a subsidiary of a subcompany; and
(ii)
a company, trust, or entity over which the sub-company has effective control, as provided for in paragraph (a)
subsidiary has the meaning given to it in section 5 of the Companies Act 1993
Te Ohu Kai Moana means the trust established in accordance with section 31
Te Ohu Kai Moana Group means Te Ohu Kai Moana Trustee Limited and every subsidiary, trust, or other entity over which it has effective control, because in relation to that subsidiary, trust, or other entity, Te Ohu Kai Moana Trustee Limited—
(a)
controls, directly or indirectly, 50% or more of the votes; or
(b)
appoints 50% or more of the directors, trustees, or office holders, as the case may be
Te Ohu Kai Moana Trustee Limited means the company established in accordance with section 33
Te Putea Whakatupu Trust means the trust established in accordance with section 79
Te Putea Whakatupu Trustee Limited means the company established in accordance with section 80
Te Wai Maori Trust means the trust established in accordance with section 92
Te Wai Maori Trustee Limited means the company established in accordance with section 93
tikanga Māori means Māori customary values and practices
total allowable commercial catch has the meaning given to it in section 2(1) of the Fisheries Act 1996
Treaty of Waitangi Fisheries Commission means the Commission established under section 4 of the Maori Fisheries Act 1989
wānanga has the same meaning as in section 10(1) of the Education and Training Act 2020.
(2)
An order under the definition of appointed day in subsection (1) is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).
| Legislation Act 2019 requirements for secondary legislation made under this section | ||||
| Publication | PCO must publish it on the legislation website and notify it in the Gazette | LA19 s 69(1)(c) | ||
| Presentation | The Minister must present it to the House of Representatives | LA19 s 114, Sch 1 cl 32(1)(a) | ||
| Disallowance | It may be disallowed by the House of Representatives | LA19 ss 115, 116 | ||
| This note is not part of the Act. | ||||
Section 5(1) AFL Group: inserted, on 26 July 2026, by section 8(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) Aotearoa Fisheries Limited: amended, on 26 July 2026, by section 8(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) appointed day: amended, on 28 October 2021, by section 3 of the Secondary Legislation Act 2021 (2021 No 7).
Section 5(1) charitable status: inserted, on 26 July 2026, by section 8(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) committee of representatives: repealed, on 26 July 2026, by section 8(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) general meeting paragraph (a)(i): amended, on 26 July 2026, by section 8(5)(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) general meeting paragraph (a)(i): amended, on 26 July 2026, by section 8(5)(b) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) general meeting paragraph (a)(iii): repealed, on 26 July 2026, by section 8(5)(c) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) general power of sale: repealed, on 26 July 2026, by section 8(6) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) income share: repealed, on 26 July 2026, by section 8(7) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) Māori: replaced, on 26 July 2026, by section 8(8) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) notional iwi population: inserted, on 26 July 2026, by section 8(9) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) ordinary share: inserted, on 26 July 2026, by section 8(9) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) percentage: inserted, on 26 July 2026, by section 8(9) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) settlement assets: substituted, on 8 December 2009, by section 87(2) of the Climate Change Response (Moderated Emissions Trading) Amendment Act 2009 (2009 No 57).
Section 5(1) special resolution: replaced, on 26 July 2026, by section 8(10) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) specific power of sale: repealed, on 26 July 2026, by section 8(11) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) Te Kawai Taumata: repealed, on 26 July 2026, by section 8(12) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) Te Ohu Kai Moana Group: amended, on 26 July 2026, by section 8(13) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) tikanga Māori: replaced, on 26 July 2026, by section 8(14) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) voting share: repealed, on 26 July 2026, by section 8(15) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 5(1) wānanga: replaced, on 1 August 2020, by section 668 of the Education and Training Act 2020 (2020 No 38).
Section 5(2): inserted, on 28 October 2021, by section 3 of the Secondary Legislation Act 2021 (2021 No 7).
6 Act binds the Crown
This Act binds the Crown.
6A Transitional, savings, and related provisions
(1)
The transitional, savings, and related provisions set out in Schedule 1AA have effect according to their terms.
(2)
Transitional provisions about this Act as enacted are set out in Part 6.
Section 6A: inserted, on 27 July 2024, by section 9 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Subpart 2—Key concepts
Classification of deepwater and inshore quota
7 Classification of new quota
(1)
If the responsible Minister declares under section 18 of the Fisheries Act 1996 that a stock is subject to the quota management system, Te Ohu Kai Moana Trustee Limited must, within 6 months of the notification of that declaration,—
(a)
determine the appropriate classification for the stock in accordance with sections 8 and 9; and
(b)
in accordance with section 8, determine, for every harbour specified in Schedule 2 that is within the relevant quota management area, either—
(i)
the quantity of harbour quota for the stock; or
(ii)
that there is no harbour quota for the stock; and
(c)
publish by notice—
(i)
the classification of the stock; and
(ii)
whether harbour quota applies to that stock; and
(iii)
the quantity, if any, of each harbour quota for the stock.
(2)
A notice under this section applies as if Part 2 of Schedule 1 and Part 2 of Schedule 2 were amended in accordance with determinations made under this section and sections 8 and 9.
(3)
A notice under this section is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).
| Legislation Act 2019 requirements for secondary legislation made under this section | ||||
| Publication | The maker must publish it in the Gazette | LA19 ss 73, 74(1)(a), Sch 1 cl 14 | ||
| Presentation | It is not required to be presented to the House of Representatives because a transitional exemption applies under Schedule 1 of the Legislation Act 2019 | LA19 s 114, Sch 1 cl 32(1)(a) | ||
| Disallowance | It may be disallowed by the House of Representatives | LA19 ss 115, 116 | ||
| This note is not part of the Act. | ||||
Section 7(1)(c): amended, on 28 October 2021, by section 3 of the Secondary Legislation Act 2021 (2021 No 7).
Section 7(2): amended, on 28 October 2021, by section 3 of the Secondary Legislation Act 2021 (2021 No 7).
Section 7(3): inserted, on 28 October 2021, by section 3 of the Secondary Legislation Act 2021 (2021 No 7).
8 Basis for classifying stock under section 7
(1)
For the purpose of classifying stock under section 7, a stock for which Te Ohu Kai Moana Trustee Limited determines, on the basis of scientific or anecdotal evidence, that the commercial catch during the 5 fishing years prior to the declaration referred to in section 7(1) was entirely taken—
(a)
at depths greater than 400 m from the surface, must be classified as deepwater:
(b)
at depths less than 200 m from the surface, must be classified as inshore:
(c)
in freshwater, must be classified as freshwater.
(2)
For each stock, if any commercial catch was taken during the 5 fishing years prior to the declaration referred to in section 7(1) in any of the harbours listed in Schedule 2, Te Ohu Kai Moana Trustee Limited must determine a harbour quota.
(3)
In relation to each harbour listed in Schedule 2, the proportion of the available settlement quota that is to be classified as harbour quota for each stock must be the proportion of the total commercial catch of that stock taken in that harbour in the fishing year with the highest commercial catch in that harbour during the 5 fishing years prior to the declaration referred to in section 7(1).
(4)
Harbour quota is calculated under subsection (3) in accordance with the following formula:
Harbour quota for the listed harbour = (a ÷ b) × c
where—
- a
is the highest commercial catch of a stock in a listed harbour in a fishing year during the 5 fishing years prior to the declaration referred to in section 7(1)
- b
is the total commercial catch of that stock in that year
- c
is the available settlement quota.
9 Alternative basis for classification of new quota
(1)
This section applies when Te Ohu Kai Moana Trustee Limited is unable to classify a stock under section 8.
(2)
Te Ohu Kai Moana Trustee Limited must consider the evidence from the previous 5 fishing years referred to in section 8(1) for the stock, and classify the stock as—
(a)
deepwater, if at least 75% of the commercial catch was taken in depths greater than 300 m from the surface; or
(b)
inshore, if at least 75% of the commercial catch was taken in depths of 300 m or less from the surface; or
(c)
freshwater, if at least 90% of the commercial catch was taken in freshwater.
(3)
If the classification cannot be determined under subsection (2), Te Ohu Kai Moana Trustee Limited must determine a classification, after taking into account—
(a)
the fishing gear used to take the stock; and
(b)
the location where the stock was taken; and
(c)
any other information that Te Ohu Kai Moana Trustee Limited considers to be relevant.
How iwi population and coastlines determined
10 Population of an iwi
(1)
In this Act,—
(a)
the population of an iwi is the notional iwi population as stated in column 2 of Schedule 3 (subject to sections 20(3)(a), 21(1)(b), and 23(3)(b)); and
(b)
the notional iwi population—
(i)
binds all iwi; and
(ii)
applies irrespective of any multiple iwi affiliations or other census or other data.
(2)
However, that notional iwi population does not—
(a)
bind the iwi to which it relates or any other iwi in any matter that is before the Waitangi Tribunal, the Maori Land Court, or any other court, other than under this Act; or
(b)
bind, compromise, advantage or disadvantage, or operate as a precedent for any other matter; or
(c)
affect any customary rights, aboriginal title rights, or any rights arising under Te Tiriti o Waitangi/the Treaty of Waitangi in relation to any other matter.
(3)
Column 3 of Schedule 3 sets out the percentage that the notional population of each iwi bears to the total notional iwi population.
Section 10(1)(a): amended, on 26 July 2026, by section 10(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 10(2)(c): amended, on 26 July 2026, by section 10(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
11 Registered coastline entitlements
(1)
A mandated iwi organisation, in order to obtain allocations of settlement quota based on coastlines under this Act, must make coastline claims for coastline entitlements for its iwi (including any interim and supplementary coastline entitlements) in accordance with Part 1 of Schedule 6.
(2)
Coastline entitlements must be—
(a)
determined by Te Ohu Kai Moana Trustee Limited in accordance with Schedule 6; and
(b)
recorded by Te Ohu Kai Moana Trustee Limited on the iwi register.
(3)
Registered coastline entitlements are created under this Act for the sole purpose of calculating the amount of settlement quota to be allocated to iwi under subpart 2 of Part 3.
(4)
However, those registered coastline entitlements do not—
(a)
bind the iwi to which they relate or any other iwi in any matter that is before the Waitangi Tribunal, the Maori Land Court, or any other court, other than under this Act; or
(b)
bind, compromise, advantage or disadvantage, or operate as a precedent for any other matter; or
(c)
affect any customary rights, aboriginal title rights, or any rights arising under Te Tiriti o Waitangi/the Treaty of Waitangi in relation to any other matter.
Section 11(4)(c): amended, on 26 July 2026, by section 11 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Subpart 3—Iwi organisations
Mandated iwi organisations
12 Functions and powers of mandated iwi organisations
(1)
Under this Act, a mandated iwi organisation must—
(a)
act for the benefit of all the members of the iwi, irrespective of where those members reside; and
(b)
represent the iwi (for example, by attending, speaking, and voting at meetings) as contemplated by this Act; and
(c)
perform the other functions and duties conferred on it by or under this Act; and
(d)
ensure that it has 1 or more asset-holding companies that, in each case,—
(i)
is wholly owned by the mandated iwi organisation; and
(ii)
performs the functions and complies with the requirements set out in sections 16 to 18.
(2)
A mandated iwi organisation may—
(a)
directly receive and hold, on behalf of its iwi, settlement assets allocated and grants made to that iwi by Te Ohu Kai Moana Trustee Limited, other than assets referred to in section 16(1)(c):
(b)
receive distributions from Te Putea Whakatupu Trustee Limited and Te Wai Maori Trustee Limited, as provided for under subparts 4 and 5 of Part 2:
(c)
if relevant, enter into agreements with other mandated iwi organisations in relation to—
(i)
coastline claims under section 11:
(ii)
(d)
establish companies to undertake fishing and fisheries-related activities, including, but not limited to, any activity related to the seafood industry:
(e)
perform other functions provided for by or under this Act.
Section 12(1)(b): replaced, on 26 July 2026, by section 12 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 12(1)(c): replaced, on 26 July 2026, by section 12 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
13 Recognition of mandated iwi organisations
(1)
As soon as is reasonably practicable after Te Ohu Kai Moana Trustee Limited is satisfied that an iwi or a withdrawing group has established an organisation that meets the criteria specified in section 14 or section 21(1), as the case may be, or that an iwi has an iwi governance entity that meets the criteria specified in section 15, Te Ohu Kai Moana Trustee Limited must, by special resolution,—
(a)
recognise 1 mandated iwi organisation for that iwi or withdrawing group, as the case may be; and
(b)
record its recognition of that mandated iwi organisation in the iwi register.
(2)
Te Ohu Kai Moana Trustee Limited must not recognise more than 1 mandated iwi organisation for an iwi.
14 Criteria for recognition of mandated iwi organisation
The criteria for recognition and continuing recognition of a mandated iwi organisation under section 13(1) are that—
(a)
the organisation is a company, trust, body corporate set up under an enactment, or incorporated society; and
(b)
the constitutional documents of the organisation comply with section 17; and
(c)
the directors, trustees, or office holders, as the case may be, are able to demonstrate that, for the purposes of their responsibilities under this Act, they have been duly elected or appointed in accordance with the constitutional documents of the organisation; and
(d)
the organisation has a register of iwi members that—
(i)
complies with kaupapa 5 of Schedule 7; and
(ii)
has no fewer than the minimum number of members specified in column 4 of Schedule 3.
15 Recognition of iwi governance entity
Te Ohu Kai Moana Trustee Limited must, if requested, recognise an iwi governance entity as a mandated iwi organisation under section 13(1) if, before the commencement of this Act, that entity meets the following criteria:
(a)
it has been approved as a governance entity of the iwi for the purposes of the settlement of the historical Tiriti o Waitangi/Treaty of Waitangi claims of that iwi, as perfected through the enactment of legislation; and
(b)
it represents an iwi listed in Schedule 3; and
(c)
it complies with section 14(a); and
(d)
it has established 1 or more asset-holding companies as required by section 12(1)(d); and
(e)
it has directors, trustees, or office holders, as the case may be, who are elected in a manner that complies with the kaupapa of Schedule 7; and
(f)
it has a dispute resolution mechanism that complies with kaupapa 8 of Schedule 7.
Section 15(a): amended, on 26 July 2026, by section 13 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
16 Functions and powers of asset-holding companies
(1)
An asset-holding company required by section 12(1)(d) must—
(a)
be and remain wholly owned by the mandated iwi organisation that established the company, or another mandated iwi organisation of the same iwi if all of the shares of the asset-holding company have been transferred under section 18E; and
(b)
have constitutional documents that comply with section 17; and
(c)
receive and hold, on behalf of the mandated iwi organisation that owns the company, for so long as they are to be retained, all settlement quota and ordinary shares allocated by Te Ohu Kai Moana Trustee Limited to, or otherwise acquired by, the iwi under this Act (including, without limitation, settlement assets transferred to that asset-holding company under sections 18B(5)(b)(ii) and 18E(1)(b) and (3)); and
(d)
provide dividends solely to the mandated iwi organisation owning the asset-holding company; and
(e)
not undertake fishing or hold a fishing permit.
(2)
However, an asset-holding company—
(a)
must not sell or enter into any transaction affecting any settlement quota other than in accordance with a specific or general direction from the mandated iwi organisation owning the asset-holding company as required by sections 162 and 167 and kaupapa 11 of Schedule 7; and
(b)
in its function of receiving and holding settlement quota and ordinary shares, is bound by all the requirements specified for mandated iwi organisations in relation to those matters.
(3)
An asset-holding company may—
(a)
establish 1 or more subsidiaries to be its subsidiary asset-holding companies; and
(b)
transfer to a subsidiary some or all of the assets received under subsection (1)(c).
(4)
A subsidiary established under subsection (3)(a) must—
(a)
be and remain wholly owned by the asset-holding company that established it, and
(b)
receive and hold, on behalf of the asset-holding company, settlement quota and ordinary shares transferred to it by the asset-holding company under subsection (3)(b); and
(c)
provide dividends solely to the mandated iwi organisation owning the asset-holding company that established the subsidiary; and
(d)
comply with subsection (2) as if it were an asset-holding company; and
(e)
not undertake fishing or hold a fishing permit.
Section 16(1)(a): replaced, on 26 July 2026, by section 14(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 16(1)(c): amended, on 26 July 2026, by section 14(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 16(1)(c): amended, on 26 July 2026, by section 14(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 16(2)(a): replaced, on 26 July 2026, by section 14(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 16(2)(b): amended, on 26 July 2026, by section 14(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 16(4)(b): amended, on 26 July 2026, by section 14(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 16(4)(d): amended, on 26 July 2026, by section 14(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
17 Constitutional documents
(1)
Every mandated iwi organisation, asset-holding company, and subsidiary of an asset-holding company must have 1 or more constitutional documents that comply with, and implement, the kaupapa set out in Schedule 7.
(1A)
The constitutional document of a mandated iwi organisation must provide for—
(a)
the types of circumstances in which the organisation may authorise sales of settlement quota—
(i)
by the mandated iwi organisation; or
(ii)
by an asset-holding company, or by a subsidiary of an asset-holding company, that is owned by the mandated iwi organisation; and
(b)
the process for approval, by the mandated iwi organisation, of those sales.
(2)
The constitutional documents referred to in subsection (1) are of no effect under this Act until—
(a)
they are approved as complying with the requirements of this Act,—
(i)
in the case of a mandated iwi organisation, by Te Ohu Kai Moana Trustee Limited; and
(ii)
in the case of each asset-holding company and subsidiary of an asset-holding company, by the mandated iwi organisation that owns the asset-holding company; and
(b)
they are ratified,—
(i)
in the case of a mandated iwi organisation, by not less than 75% of the adult members of the iwi who vote—
(A)
in person at a general meeting called for the purpose of adopting a constitution; or
(B)
by postal ballot; and
(ii)
in the case of each asset-holding company and subsidiary of an asset-holding company, by not less than 75% of the directors, trustees, or office holders of the mandated iwi organisation that owns the asset-holding company.
(3)
Notice of the meeting referred to in subsection (2)(b)(i)(A) must comply with kaupapa 4(2) of Schedule 7.
(4)
As soon as is reasonably practicable after the constitutional documents of an asset-holding company or subsidiary of an asset-holding company have been approved in accordance with subsection (2)(a)(ii) and ratified in accordance with subsection (2)(b)(ii), the mandated iwi organisation that owns the asset-holding company must—
(a)
advise Te Ohu Kai Moana Trustee Limited that the constitutional documents have been approved and ratified; and
(b)
provide documentation to Te Ohu Kai Moana Trustee Limited, supported by a statutory declaration if Te Ohu Kai Moana Trustee Limited so requests, as may be necessary to establish that the constitutional documents of its asset-holding company, and any subsidiary of the asset-holding company, comply with the requirements of subsection (2)(a)(ii) and (b)(ii), and, in the case of amendments to a constitutional document, with the requirements of section 18.
(5)
This section does not apply to an iwi governance entity recognised by Te Ohu Kai Moana Trustee Limited as a mandated iwi organisation because it meets the criteria set out in section 15.
(6)
However, this section does apply to—
(a)
an asset-holding company of a mandated iwi organisation referred to in subsection (5); and
(b)
any subsidiary of that asset-holding company.
Section 17(1A): inserted, on 26 July 2026, by section 15 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
18 Changes to constitutional documents
(1)
To the extent that the constitutional documents of a mandated iwi organisation, asset-holding company, or subsidiary of an asset-holding company relate to matters provided for by or under this Act, a proposal to change those documents—
(a)
must not be inconsistent with this Act; and
(b)
unless the change is required as a consequence of a rule made or amended under section 25,—
(i)
must not be made earlier than 2 years after the date on which the mandated iwi organisation is recognised by Te Ohu Kai Moana Trustee Limited under section 13(1); and
(ii)
may only be promoted if the iwi resolves at a general meeting of the mandated iwi organisation that the change is for the collective benefit of all members of the iwi.
(2)
Section 17(2) and (3) applies, with the necessary modifications, to changes proposed under this section for constitutional documents or required as a consequence of rules made or amended in accordance with section 25.
New mandated iwi organisation may replace existing mandated iwi organisation
Heading: inserted, on 16 September 2011, by section 4 of the Maori Fisheries Amendment Act 2011 (2011 No 74).
18A Interpretation
In sections 18A to 18G,—
existing organisation has the meaning given by section 18B(1)
new organisation has the meaning given by section 18B(1)
specified ordinary shares means the ordinary shares—
(a)
received under this Act; and
(b)
held by an asset-holding company of the existing organisation
specified settlement assets means the specified settlement quota and specified ordinary shares of the existing organisation
specified settlement quota means the settlement quota received under this Act and held by an asset-holding company of the existing organisation.
Section 18A: inserted, on 16 September 2011, by section 4 of the Maori Fisheries Amendment Act 2011 (2011 No 74).
Section 18A specified income shares: repealed, on 26 July 2026, by section 16(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 18A specified ordinary shares: inserted, on 26 July 2026, by section 16(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 18A specified settlement assets: amended, on 26 July 2026, by section 16(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
18B Requirements for recognition of new mandated iwi organisation
(1)
An organisation may be recognised as the mandated iwi organisation (new organisation) of an iwi in place of the existing mandated iwi organisation (existing organisation) if the requirements of this section, and section 18C (if applicable), are met.
(2)
The new organisation must—
(a)
meet the criteria in section 14, and have 1 or more asset-holding companies (as required by section 12(1)(d)); or
(b)
have met the criteria in section 15 before the commencement of this Act.
(3)
The following must comply with section 17(1):
(a)
the 1 or more asset-holding companies of the new organisation, after they receive the transfer of the specified settlement assets under section 18E(3):
(b)
the new organisation, after the existing organisation transfers all its shares in an asset-holding company to the new organisation under section 18E(3).
(4)
The existing organisation must—
(a)
notify the proposal to have the new organisation recognised to the adult members of the iwi in accordance with subclause (4) of kaupapa 4 of Schedule 7; and
(b)
obtain approval for the proposal from not less than 75% of the adult members of the iwi who vote—
(i)
at a general meeting of the existing organisation called for the purpose; or
(ii)
by postal ballot.
(5)
A notice given under subsection (4)(a) must—
(a)
specify the name of the new organisation; and
(b)
state that, if the proposal is approved and Te Ohu Kai Moana Trustee Limited is satisfied that the requirements for recognition are met and authorises the transfer of the relevant settlement assets, the following things may happen:
(i)
the new organisation is recognised as the mandated iwi organisation for the iwi in place of the existing organisation; and
(ii)
the settlement quota and ordinary shares received under this Act and held by an asset-holding company of the existing organisation are transferred—
(A)
to 1 or more asset-holding companies of the new organisation; or
(B)
when the existing organisation transfers all its shares in an asset-holding company to the new organisation.
Section 18B: inserted, on 16 September 2011, by section 4 of the Maori Fisheries Amendment Act 2011 (2011 No 74).
Section 18B(3): replaced, on 26 July 2026, by section 17(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 18B(5)(b)(ii): replaced, on 26 July 2026, by section 17(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
18C Requirements relating to constitutional documents of new organisation
(1)
This section applies if the new organisation seeks recognition by meeting the criteria in section 14.
(2)
The existing organisation is responsible for ensuring that the constitutional documents of the new organisation comply with section 17 (as required by section 14(b)).
(3)
The existing organisation must first have the constitutional documents approved by Te Ohu Kai Moana Trustee Limited for the purposes of section 17(2)(a)(i).
(4)
The existing organisation must then have the constitutional documents ratified for the purposes of section 17(2)(b)(i).
(5)
The constitutional documents must be ratified at the same general meeting, or by the same postal ballot, that approves the proposal to have the new organisation recognised.
(6)
Notice of the proposed ratification must be given together with notice of the proposal to have the new organisation recognised, in accordance with subclause (4) of kaupapa 4 of Schedule 7 (and despite section 17(3)).
Section 18C: inserted, on 16 September 2011, by section 4 of the Maori Fisheries Amendment Act 2011 (2011 No 74).
18D Proposed transfer date if recognition requirements met
(1)
As soon as is reasonably practicable after Te Ohu Kai Moana Trustee Limited is satisfied that the requirements of section 18B, and section 18C (if applicable), are met, it must give written notice of that fact to the existing organisation.
(2)
The existing organisation may, after receiving the written notice, give Te Ohu Kai Moana Trustee Limited at least 3 months’ written notice of the date on which the specified settlement assets are proposed to be transferred under section 18E(3) (the proposed transfer date).
(3)
[Repealed]Section 18D: inserted, on 16 September 2011, by section 4 of the Maori Fisheries Amendment Act 2011 (2011 No 74).
Section 18D(3): repealed, on 26 July 2026, by section 18 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
18E Recognition of new mandated iwi organisation and transfer of specified settlement assets
(1)
This section applies only if—
(a)
the existing organisation has given notice of a proposed transfer date under section 18D(2); and
(b)
before the proposed transfer date, Te Ohu Kai Moana Trustee Limited—
(i)
has authorised (for the purposes of section 18B(5)(b)) the transfer of the specified settlement quota—
(A)
to 1 or more asset-holding companies of the new organisation; or
(B)
when the existing organisation transfers all its shares in an asset-holding company to the new organisation; and
(ii)
has authorised (for the purposes of section 18B(5)(b)) the transfer of the specified ordinary shares—
(A)
to 1 or more asset-holding companies of the new organisation; or
(B)
when the existing organisation transfers all its shares in an asset-holding company to the new organisation.
(2)
Te Ohu Kai Moana Trustee Limited must, on the proposed transfer date,—
(a)
do the following things under section 13(1):
(i)
recognise the new organisation as the mandated iwi organisation for the iwi in place of the existing organisation; and
(ii)
record its recognition of the new organisation in the iwi register; and
(b)
remove its recognition of the existing organisation from the iwi register.
(3)
The existing organisation must ensure that all the specified settlement assets are transferred to 1 or more of the asset-holding companies of the new organisation, or that the existing organisation transfers all its shares in an asset-holding company to the new organisation, in accordance with the authorisations referred to in subsection (1)(b)(i) and (ii).
(4)
The new organisation must, as soon as is reasonably practicable after the specified ordinary shares have been transferred, give written notice of the transfer to Aotearoa Fisheries Limited.
Section 18E: replaced, on 26 July 2026, by section 19 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
18F Certain effects of recognition of new organisation
(1)
From the time that a new organisation is recognised in place of an existing organisation under section 18E(2),—
(a)
the new organisation is the mandated iwi organisation of the relevant iwi for the purposes of this Act; and
(b)
any registered coastline entitlement held by the existing organisation is to be treated as a registered coastline entitlement held by the new organisation; and
(c)
any coastline claim, agreement, or written statement of the existing organisation under Part 1 of Schedule 6 is to be treated as a coastline claim, agreement, or written statement of the new organisation.
(2)
However, to avoid doubt, section 136(1)(b) does not require the specified settlement quota to be transferred to the new organisation under that provision.
(3)
Subpart 2 of Part 4 does not apply to, and section 136(1)(a) does not prevent, the transfer of the specified settlement quota under section 18E(3).
(4)
Sections 69, 72, and 73 do not apply to the transfer of the specified ordinary shares under section 18E(3).
Section 18F: inserted, on 16 September 2011, by section 4 of the Maori Fisheries Amendment Act 2011 (2011 No 74).
Section 18F(4): amended, on 26 July 2026, by section 20(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 18F(4): amended, on 26 July 2026, by section 20(b) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
18G Remedy if specified settlement assets not transferred
(1)
This section applies if all the specified settlement assets are not transferred on the proposed transfer date as required by section 18E(3).
(2)
The Court may make orders as it thinks fit, including—
(a)
an order to cancel a transaction or contract for the transfer of any specified settlement assets:
(b)
an order to vest any specified settlement assets in an asset-holding company of the existing organisation or of the new organisation:
(c)
an order to vest any consideration for the transaction or contract in the new organisation:
(d)
an order directing Te Ohu Kai Moana Trustee Limited—
(i)
to recognise the new organisation as the mandated iwi organisation for the iwi in place of the existing organisation in accordance with section 18E(2)(a) and (b); or
(ii)
to reverse any such recognition so that the existing organisation is reinstated as the mandated iwi organisation for the iwi:
(e)
any other order, if the new organisation has on-sold, or has granted any interest in or security over, any specified settlement assets:
(f)
an order that the costs of the applicant be met by the parties to the transaction or contract.
(3)
Orders made under subsection (2) may be made—
(a)
on the application of—
(i)
a party; or
(ii)
an adult member of an iwi whose mandated iwi organisation is a party; or
(iii)
a mandated iwi organisation; or
(iv)
Te Ohu Kai Moana Trustee Limited; and
(b)
on the terms and conditions that the Court thinks fit, so long as the result is the following:
(i)
all specified settlement assets are vested in an asset-holding company of either the existing organisation or the new organisation; and
(ii)
that organisation is recognised as the mandated iwi organisation for the iwi.
(4)
If Te Ohu Kai Moana Trustee Limited reverses recognition of the new organisation in accordance with an order of the Court,—
(a)
the recognition of the existing organisation is to be treated as having continued as if the new organisation had never been recognised; and
(b)
the effects under section 18F(1) of recognising the new organisation are to be treated as if they had never occurred.
Section 18G: inserted, on 16 September 2011, by section 4 of the Maori Fisheries Amendment Act 2011 (2011 No 74).
Provisions allowing for reorganisation of specified mandated iwi organisations
19 Interpretation
In this Act,—
joint mandated iwi organisation means the first mandated iwi organisation recognised under section 13(1), or a new organisation recognised in place of that organisation under section 18E(2), for—
(a)
the iwi of Hauraki listed in note (1) to Schedule 3:
(b)
the iwi of Te Arawa listed in note (2) to Schedule 3:
(c)
Ngapuhi (including Ngati Hine):
(d)
Ngati Kahungunu (including Rongomaiwahine)
withdrawing group means—
(a)
in the case of the iwi of Hauraki or the iwi of Te Arawa, any iwi that withdraws from the joint mandated iwi organisation in accordance with the constitutional documents of the joint mandated iwi organisation as provided for under section 20; and
(b)
in the case of Ngapuhi, Ngati Hine if it withdraws from Ngapuhi in accordance with the constitutional documents of the joint mandated iwi organisation of Ngapuhi as provided for under section 20; and
(c)
in the case of Ngati Kahungunu, Rongomaiwahine if it withdraws from Ngati Kahungunu in accordance with the constitutional documents of the joint mandated iwi organisation of Ngati Kahungunu as provided for under section 20.
Section 19 joint mandated iwi organisation: amended, on 16 September 2011, by section 5 of the Maori Fisheries Amendment Act 2011 (2011 No 74).
20 Withdrawal of group from joint mandated iwi organisation
(1)
In addition to the matters required for the constitutional documents of a mandated iwi organisation under section 17, the constitutional documents of a joint mandated iwi organisation must provide,—
(a)
in the cases of the iwi of Hauraki and the iwi of Te Arawa, for any iwi to withdraw, if it so chooses, from the relevant joint mandated iwi organisation; and
(b)
in the case of Ngapuhi, for Ngati Hine, if it so chooses, to withdraw from the joint mandated iwi organisation of Ngapuhi; and
(c)
in the case of Ngati Kahungunu, for Rongomaiwahine, if it so chooses, to withdraw from the joint mandated iwi organisation of Ngati Kahungunu.
(2)
The constitutional documents of each joint mandated iwi organisation must also provide—
(a)
the process that a withdrawing group must undertake in order to withdraw, including giving notice of its intention to withdraw to—
(i)
Te Ohu Kai Moana Trustee Limited; and
(ii)
the relevant joint mandated iwi organisation; and
(b)
the process for determining, consistently with the provisions of Part 3, the matters set out in subsection (3); and
(c)
the criteria that must be met by the withdrawing group in order to complete the process of withdrawal, including having a mandated iwi organisation recognised by Te Ohu Kai Moana Trustee Limited in accordance with section 13(1).
(3)
The matters that must be determined by the process provided for under subsection (2)(b) are—
(a)
the amount of the notional iwi population specified in column 2 of Schedule 3 for an iwi that must, in each case, be attributed to any withdrawing group; and
(b)
the division of settlement assets that must be made between the joint mandated iwi organisation and a withdrawing group, including the proportion that the withdrawing group is entitled to receive of—
(i)
the settlement assets of the joint mandated iwi organisation, on the date when the withdrawal is complete; and
(ii)
other settlement assets that the joint mandated iwi organisation receives—
(A)
under sections 36(1)(f)(ii), 84(1)(g), and 96(1)(g); and
(B)
as a consequence of the allocation and transfer of settlement assets under subparts 1 and 2 of Part 3, including quota shares in respect of new species introduced into the quota management system and transferred to Te Ohu Kai Moana Trustee Limited under section 44 of the Fisheries Act 1996.
(4)
In determining the amount of the notional iwi population to be attributed to a withdrawing group under subsection (3)(a) and the proportion of the settlement assets that a withdrawing group must receive under subsection (3)(b), a joint mandated iwi organisation and a withdrawing group may use any relevant information, including the relevant data from the census of 2001 or 2006 (but no other census data).
(4A)
A joint mandated iwi organisation and a withdrawing group who determine the amount of the notional iwi population to be attributed to a withdrawing group under subsection (3)(a) must notify that amount to Te Ohu Kai Moana Trustee Limited.
(5)
If a withdrawing group chooses to withdraw from its joint mandated iwi organisation, it must commence the process of withdrawal, in accordance with the process provided for under subsection (2)(a), not later than 5 years after the recognition of the relevant joint mandated iwi organisation under section 13(1).
Section 20(3)(b)(ii)(A): amended, on 26 July 2026, by section 21(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 20(4A): inserted, on 26 July 2026, by section 21(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
21 Recognition of mandated iwi organisation of withdrawing group
(1)
Despite section 13(2), if a withdrawing group notifies in accordance with section 20(2)(a) its intention to withdraw from a joint mandated iwi organisation, Te Ohu Kai Moana Trustee Limited must recognise under section 13(1) a mandated iwi organisation for the withdrawing group if the withdrawing group has set up an organisation that meets—
(a)
the criteria of section 14 (other than section 14(d)(ii)); and
(b)
the following further criteria:
(i)
it has on its register of iwi members no fewer than the minimum number of persons specified in column 4 of Schedule 3, in the proportion that the amount attributed to the withdrawing group under section 20(3)(a) represents of the notional iwi population specified in column 2 of Schedule 3, calculated in accordance with the formula—
(a ÷ b) × c
where—
- a
is the amount attributed to the withdrawing group under section 20(3)(a)
- b
is the total notional population for the iwi set out in column 2 of Schedule 3
- c
is the minimum number of members specified in column 4 of Schedule 3; and
(ii)
it has an asset-holding company, as required by section 12(1)(d).
(2)
Despite subsection (1), if a group has withdrawn from a joint mandated iwi organisation as provided for under section 20, settlement assets must be distributed under section 36(1)(f)(ii), allocated and transferred under Part 3, or payments must be made under section 84(1)(g) or section 96(1)(g), as the case may be, to the relevant joint mandated iwi organisation as if no group had withdrawn from that joint mandated iwi organisation.
Section 21(2): amended, on 26 July 2026, by section 22 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
22 Transfer of assets
(1)
A joint mandated iwi organisation must not transfer to a withdrawing group the assets referred to in section 20(3)(b) until the withdrawing group has completed the process of withdrawal in accordance with the criteria provided for under section 20(2)(c).
(2)
A transfer of assets referred to in subsection (1) must be—
(a)
free of charge to the withdrawing group, other than reasonable administrative costs; and
(b)
treated as if it were between wholly-owned asset-holding companies of the joint mandated iwi organisation.
23 Voting rights
(1)
The mandated iwi organisation of a withdrawing group, after it has completed the process of withdrawal provided for under section 20(2)(c),—
(a)
has all the voting rights of a mandated iwi organisation under this Act; and
(b)
may exercise those rights from the date when it has completed the process of withdrawal.
(2)
[Repealed](3)
For the purposes of sections 54C(1)(f), 54D(4), 54G(2), 54H(5)(b), and 127(3) to (5A),—
(a)
the notional iwi population represented by the mandated iwi organisation of any withdrawing group is the amount attributed to the withdrawing group under section 20(3)(a), and
(b)
the notional iwi population represented by the joint mandated iwi organisation is the number stated in column 2 of Schedule 3, after subtracting the amount attributed, under section 20(3)(a), to the withdrawing group.
Section 23(2): repealed, on 26 July 2026, by section 23(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 23(3): amended, on 26 July 2026, by section 23(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
24 Status of Ngati Hine and Rongomaiwahine
(1)
If Ngati Hine withdraws from the joint mandated iwi organisation of Ngapuhi in accordance with the constitutional documents of Ngapuhi, Ngati Hine becomes, upon completion of its withdrawal, an iwi for the purposes of this Act as if it were listed in Group B—NGAPUHI of Schedule 3.
(2)
If Rongomaiwahine withdraws from the joint mandated iwi organisation of Ngati Kahungunu in accordance with the constitutional documents of Ngati Kahungunu, Rongomaiwahine becomes, upon completion of its withdrawal, an iwi for the purposes of this Act as if it were listed in Group G—TAKITIMU of Schedule 3.
(3)
Subsections (1) and (2) do not override section 21(2).
25 Further criteria may be prescribed
For the purpose of recognising and continuing to recognise mandated iwi organisations under section 13(1), Te Ohu Kai Moana Trustee Limited may make or amend rules in accordance with section 54 in respect of the criteria or requirements that apply to mandated iwi organisations and their constitutional documents.
26 Benefit to persons who are not members of iwi
(1)
The constitutional documents of a mandated iwi organisation may permit the organisation to benefit—
(a)
Maori who are not members of the iwi:
(b)
the community generally.
(2)
If the constitutional documents of a mandated iwi organisation make provision as contemplated by subsection (1), that does not disqualify the organisation from being recognised as a mandated iwi organisation or affect the validity of its constitutional documents, to the extent that they relate to matters provided for by or under this Act.
Recognised iwi organisations
27 Functions and powers of recognised iwi organisations
(1)
This section and section 28 apply to the organisations listed in Schedule 4, each of which is a recognised iwi organisation for the matters listed in subsection (3), but only until there is a mandated iwi organisation for the iwi.
(2)
In addition to the recognised iwi organisations listed in Schedule 4, Te Ohu Kai Moana Trustee Limited may recognise other organisations as recognised iwi organisations for the matters listed in subsection (3), so long as there is only 1 recognised iwi organisation for an iwi.
(3)
A recognised iwi organisation has the functions and powers of a mandated iwi organisation, including the right—
(a)
to receive all documents, reports, and notices that must be provided to mandated iwi organisations under Part 2; and
(b)
to approve a strategic plan of Te Ohu Kai Moana Trustee Limited under section 36A(3)(b); and
(c)
to determine the number of, and appoint, directors of Te Ohu Kai Moana Trustee Limited under section 44(2)(b) and (c); and
(d)
to remove directors of Te Ohu Kai Moana Trustee Limited under section 44(2)(fa); and
(e)
to vote at general meetings of Te Ohu Kai Moana Trustee Limited under sections 36(1)(ca) and 44(2)(ma); and
(f)
to receive surplus levy funding returned under section 54G(2); and
(g)
to participate in the process for offering annual catch entitlement provided for in section 152; and
(h)
to participate in the process for resolving a dispute referred to in section 180(1)(b), (d), (e), (g), (h), (i), (k), or (l); and
(i)
to represent the iwi in consultation, negotiation, and proceedings relating to a matter specified in this subsection.
(4)
However, a recognised iwi organisation does not have the right—
(a)
to receive settlement quota; or
(b)
to receive money under section 149 or section 150; or
(c)
to purchase settlement quota; or
(d)
to receive or purchase ordinary shares, or to receive dividends relating to ordinary shares; or
(e)
to enter into binding agreements with other iwi over coastline claims; or
(f)
to submit coastline claims to Te Ohu Kai Moana Trustee Limited for determination under section 11; or
(g)
to enter into agreements for freshwater quota or harbour quota; or
(h)
to nominate an entity with charitable status to receive distributions on the termination of—
(i)
Te Ohu Kai Moana, as provided for under section 36(1)(f)(ii):
(ii)
Te Putea Whakatupu Trust, as provided for under section 84(1)(g):
(iii)
Te Wai Maori Trust, as provided for under section 96(1)(g).
Section 27(3): replaced, on 26 July 2026, by section 24(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 27(4)(d): amended, on 26 July 2026, by section 24(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
28 Status of recognised iwi organisations
(1)
Te Ohu Kai Moana Trustee Limited, mandated iwi organisations, and recognised iwi organisations must recognise and deal with a recognised iwi organisation as if it were a mandated iwi organisation, including for the matters listed in section 27(3), until there is a mandated iwi organisation for the iwi.
(2)
Despite the constitutional documents of a recognised iwi organisation, Te Ohu Kai Moana Trustee Limited may, if it considers in the circumstances that it is reasonably necessary, require the directors, trustees, or office holders of a recognised iwi organisation to demonstrate that, in relation to their functions under this Act, they have the confidence of the majority of the adult members of the iwi who vote at a properly constituted general meeting to act on their behalf.
29 Representative Maori organisations
(1)
The organisations specified in Schedule 5 are representative Maori organisations under this Act.
(2)
A representative Māori organisation is entitled to attend and to speak at, but not to vote at, a general meeting of Te Ohu Kai Moana Trustee Limited, except that a representative Māori organisation may vote at such a general meeting in accordance with—
(a)
section 44(2)(b) (which relates to determining the number of directors on the board); or
(b)
section 44(2)(c) (which relates to appointing each director); or
(c)
section 44(2)(fa) (which relates to removing a director).
Guidance note
See also section 44(2)(ma) to (nd), which relates to a general meeting of Te Ohu Kai Moana Trustee Limited.
Section 29(2): replaced, on 26 July 2026, by section 25 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Part 2 Establishment and review of entities
Part 2 heading: amended, on 26 July 2026, by section 26 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
30 Outline of this Part
(1)
This Part provides for the establishment, audit, and review of the following entities:
(a)
Te Ohu Kai Moana and Te Ohu Kai Moana Trustee Limited; and
(b)
[Repealed](c)
Aotearoa Fisheries Limited; and
(d)
Te Putea Whakatupu Trust and Te Putea Whakatupu Trustee Limited; and
(e)
Te Wai Maori Trust and Te Wai Maori Trustee Limited.
(2)
This Part also provides for the funding of Te Ohu Kai Moana Trustee Limited.
Section 30(1): amended, on 26 July 2026, by section 27(1)(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 30(1): amended, on 26 July 2026, by section 27(1)(b) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 30(1)(b): repealed, on 26 July 2026, by section 27(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 30(2): inserted, on 26 July 2026, by section 27(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Subpart 1—Te Ohu Kai Moana and Te Ohu Kai Moana Trustee Limited
Establishment of trust and trustee
31 Te Ohu Kai Moana to be established
(1)
The Treaty of Waitangi Fisheries Commission must, before the appointed day, establish by trust deed a trust called Te Ohu Kai Moana.
(2)
No rule of law or provisions of an Act limiting the duration of a trust, including section 16 of the Trusts Act 2019,—
(a)
prescribe or restrict the period during which Te Ohu Kai Moana may exist in law; or
(b)
apply to a document entered into to give effect to the Deed of Settlement (including the trust deed required to be entered into under subsection (1)) if the application of that rule or the provisions of that Act would otherwise make the document, or a right or obligation conferred by that document, invalid or ineffective.
Section 31(2): amended, on 30 January 2021, by section 161 of the Trusts Act 2019 (2019 No 38).
32 Purpose of Te Ohu Kai Moana
The purpose of Te Ohu Kai Moana is to advance the interests of iwi individually and collectively, primarily in the development of fisheries, fishing, and fisheries-related activities, in order to—
(a)
ultimately benefit the members of iwi and Maori generally; and
(b)
further the agreements made in the Deed of Settlement; and
(c)
assist the Crown to discharge its obligations under the Deed of Settlement and Te Tiriti o Waitangi/the Treaty of Waitangi; and
(d)
contribute to the achievement of an enduring settlement of the claims and grievances referred to in the Deed of Settlement.
Section 32(c): amended, on 26 July 2026, by section 28 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
33 Trustee of Te Ohu Kai Moana
(1)
Te Ohu Kai Moana must have only 1 trustee.
(2)
The trustee of Te Ohu Kai Moana must be a company formed under the Companies Act 1993 with the name Te Ohu Kai Moana Trustee Limited.
Duties and functions of trustee
34 Duties of Te Ohu Kai Moana Trustee Limited
Te Ohu Kai Moana Trustee Limited must administer the settlement assets in accordance with the purposes of this Act and the purpose of Te Ohu Kai Moana, including performing the following duties:
(a)
as required by sections 7 and 196, to determine the appropriate classification of quota shares; and
(b)
as required by section 157, to apply to register settlement quota interests against—
(i)
the quota shares listed in Schedule 1; and
(ii)
any quota shares allocated under section 44 of the Fisheries Act 1996; and
(c)
to allocate and transfer the settlement assets; and
(d)
to manage on a transitional basis, collectively or separately as Te Ohu Kai Moana Trustee Limited considers appropriate, the settlement assets to be allocated to an iwi, until they are transferred to the mandated iwi organisation of the iwi; and
(e)
to determine the coastline entitlements of iwi under section 11 and Schedule 6; and
(f)
to maintain the iwi register required by section 40 and to record the matters relating to mandated iwi organisations required by or under this Act; and
(g)
if Te Ohu Kai Moana Trustee Limited is satisfied that each commercial fisher is wholly owned by 1 or more mandated iwi organisations, to advise the chief executive of the Ministry (as those terms are defined in section 2(1) of the Fisheries Act 1996) as to those commercial fishers who are approved entities for the purposes of section 74(2A) of the Fisheries Act 1996; and
(h)
to make extracts of the iwi register available, on request, to mandated iwi organisations or members of iwi, in accordance with any policy prepared under section 53; and
(i)
to assist recognised iwi organisations to establish a register of iwi members that includes the contact details and date of birth for every person included in that register; and
(j)
to assist iwi to meet the requirements of sections 14, 17, and 130(3); and
(k)
where the lack of a mandated iwi organisation for an iwi prevents the mandated iwi organisation of another iwi from making its coastline claims under clause 3 of Schedule 6, Te Ohu Kai Moana Trustee Limited must give priority to assisting the iwi that does not have a mandated iwi organisation, as provided for in paragraph (j); and
(l)
to the extent that they relate to matters provided for by or under this Act, to approve constitutional documents under section 17 and any changes made under section 18 or required under section 25; and
(m)
[Repealed](n)
to establish Te Putea Whakatupu Trust, appoint the directors of Te Putea Whakatupu Trustee Limited, and make the payments required by section 90(1) and (3); and
(o)
to establish Te Wai Maori Trust, appoint the directors of Te Wai Maori Trustee Limited, and make the payments required by section 103(1), (3), and (4); and
(p)
to consider and, if satisfied, approve the annual plans of Te Putea Whakatupu Trustee Limited and Te Wai Maori Trustee Limited; and
(q)
[Repealed](r)
to perform any other duties prescribed by or under this Act or any other enactment.
Section 34(g): amended, on 26 July 2026, by section 29(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 34(m): repealed, on 26 July 2026, by section 29(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 34(q): repealed, on 26 July 2026, by section 29(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
35 Functions of Te Ohu Kai Moana Trustee Limited
(1)
As a means to further the purpose of Te Ohu Kai Moana, Te Ohu Kai Moana Trustee Limited may—
(a)
foster, promote, commission, or fund research into the sustainable management of fisheries:
(b)
in relation to fisheries, fishing, and fisheries-related activities, act to protect and enhance the interests of iwi and Maori in those activities:
(c)
in relation to other activities, so long as the nature of the business activities of Te Ohu Kai Moana Group, taken as a whole, is not significantly changed from the primary focus on fisheries, fishing, or fisheries-related activities, by special resolution,—
(i)
approve other activities, including, but not limited to, activities related to the seafood industry:
(ii)
give prior approvals to specified entities of Te Ohu Kai Moana Group to conduct other activities up to thresholds specified by Te Ohu Kai Moana Trustee Limited:
(d)
require mandated iwi organisations to demonstrate their progress in meeting the criteria and requirements set out in section 14, 17, or section 130(3)(b), as the case may be, before granting assistance under section 34(i) or (j):
(e)
in accordance with the provisions of Part 4, acquire or dispose of ordinary shares, settlement quota, and quota other than settlement quota, and sell annual catch entitlement generated by settlement quota or by quota other than settlement quota:
(f)
[Repealed](g)
apply the funds of the trust by way of payments to—
(i)
mandated iwi organisations:
(ii)
Te Putea Whakatupu Trustee Limited and Te Wai Maori Trustee Limited as specified in sections 90(5) and 103(6) respectively:
(h)
grant assistance, as permitted by or under this Act, to—
(i)
mandated iwi organisations:
(ii)
individual Maori and groups of Maori:
(i)
maintain reserve funds to the extent that it considers prudent:
(j)
perform any other functions permitted by or under this Act or any other enactment.
(2)
Te Ohu Kai Moana Trustee Limited must not undertake fishing or hold a fishing permit.
(3)
This section and section 34 do not limit the activities (other than fishing or holding a fishing permit) that Te Ohu Kai Moana Trustee Limited may undertake to further the purpose of Te Ohu Kai Moana.
Section 35(1)(c): amended, on 26 July 2026, by section 30(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 35(1)(e): amended, on 26 July 2026, by section 30(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 35(1)(f): repealed, on 26 July 2026, by section 30(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Trust deed
36 Trust deed of Te Ohu Kai Moana
(1)
The trust deed of Te Ohu Kai Moana must—
(a)
specify the purpose of Te Ohu Kai Moana as stated in section 32; and
(b)
require Te Ohu Kai Moana Trustee Limited to develop—
(i)
an annual plan; and
(ii)
a strategic plan (see also section 36A); and
(c)
require Te Ohu Kai Moana Trustee Limited to circulate a draft of the annual plan referred to in paragraph (b)(i) for comment, before its adoption by Te Ohu Kai Moana Trustee Limited (see also sections 37(f) and (g), 38(4)(b)(ii), and 44(2)(faa)), to—
(i)
mandated iwi organisations; and
(ii)
recognised iwi organisations; and
(iii)
representative Māori organisations; and
(ca)
require that the constitution of Te Ohu Kai Moana Trustee Limited provides that at any general meeting of the company only mandated iwi organisations and recognised iwi organisations may vote, and each mandated iwi organisation and each recognised iwi organisation has 1 vote, except that representative Māori organisations may also vote at such a general meeting in accordance with section 29(2) and with section 44(2)(b), (c), or (fa) (see also section 44(2)(ma)); and
(d)
provide for the manner in which the trust deed may be varied and any restrictions on its variation; and
(e)
provide for fees or remuneration for attendance at meetings, as the case may be, and reimbursing allowances or actual and reasonable expenses to be paid, in accordance with the provisions included in the annual plan of Te Ohu Kai Moana Trustee Limited under section 37(f) and (g), to—
(i)
the directors and alternate directors of Te Ohu Kai Moana Trustee Limited; and
(ii)
the directors and alternate directors of Te Putea Whakatupu Trustee Limited and Te Wai Maori Trustee Limited; and
(iii)
[Repealed](iv)
[Repealed](f)
provide for—
(i)
the termination of Te Ohu Kai Moana; and
(ii)
on termination of that Trust, the distribution of the assets of the Trust, including capital and accumulated income, in the percentages specified in column 3 of Schedule 3,—
(A)
to each mandated iwi organisation that has charitable status; or
(B)
in the case of a mandated iwi organisation that does not have charitable status, to an entity with charitable status nominated by the mandated iwi organisation to benefit the relevant iwi and its members; or
(C)
if no mandated iwi organisation exists or no nomination is made under subsubparagraph (B), to an entity with charitable status nominated by Te Ohu Kai Moana Trustee Limited to benefit the relevant iwi and its members.
(1A)
The trust deed must also include the contents required by—
(a)
section 37 (matters to be included in annual plan); and
(b)
section 38 (annual report of Te Ohu Kai Moana Trustee Limited); and
(c)
section 39 (consultation and other reporting obligations); and
(d)
section 40 (obligation to establish and maintain iwi register).
(2)
The trust deed may—
(a)
include any other matter that is not inconsistent with this Act; and
(b)
be amended, subject to—
(i)
the purpose of Te Ohu Kai Moana; and
(ii)
any restrictions specified by the trust deed on the way it may be varied; and
(iii)
the provisions of this Act.
(3)
A provision of the trust deed or an amendment to it has no effect to the extent that it is inconsistent with this Act.
Section 36(1)(b)(ii): replaced, on 26 July 2026, by section 31(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 36(1)(c): replaced, on 26 July 2026, by section 31(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 36(1)(ca): inserted, on 26 July 2026, by section 31(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 36(1)(e): amended, on 26 July 2026, by section 31(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 36(1)(e)(i): amended, on 26 July 2026, by section 31(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 36(1)(e)(ii): amended, on 26 July 2026, by section 31(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 36(1)(e)(iii): repealed, on 26 July 2026, by section 31(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 36(1)(e)(iv): repealed, on 26 July 2026, by section 31(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 36(1A): inserted, on 26 July 2026, by section 31(6) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
36A Strategic plan
(1)
This section applies to the strategic plan—
(a)
of Te Ohu Kai Moana Trustee Limited; and
(b)
required by the trust deed of Te Ohu Kai Moana to be developed by Te Ohu Kai Moana Limited (see section 36(1)(b)(ii)).
(2)
The strategic plan must indicate whether there is a likely need for a funding levy under subpart 1A.
(3)
Te Ohu Kai Moana Limited must submit the strategic plan for approval—
(a)
at a general meeting of Te Ohu Kai Moana Trustee Limited; and
(b)
by mandated iwi organisations and recognised iwi organisations; and
(c)
at least once every 3 years.
(4)
If the strategic plan is, when submitted for approval as required by subsection (3), not approved, the current strategic plan (if any) remains in force until a new strategic plan is approved at a general meeting of Te Ohu Kai Moana Trustee Limited.
Section 36A: inserted, on 26 July 2026, by section 32 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
37 Matters to be included in annual plan
The trust deed of Te Ohu Kai Moana must require Te Ohu Kai Moana Trustee Limited to include in its annual plan for the relevant year—
(a)
whether Te Ohu Kai Moana Trustee Limited will hold and account separately or collectively for—
(i)
the net proceeds of sales referred to in section 152(4); and
(ii)
ordinary shares and dividends referred to in section 153(1); and
(b)
the matters referred to in section 152(5)(a) (which relates to the sale of annual catch entitlement) for the year to which the plan applies, unless those matters have been included in a panui; and
(c)
the budget for Te Ohu Kai Moana Trustee Limited; and
(d)
[Repealed](e)
when relevant, the budget for a review under subpart 6 of Part 2 (see section 114); and
(f)
the fees that apply for—
(i)
the directors and alternate directors of Te Ohu Kai Moana Trustee Limited, to be paid by Te Ohu Kai Moana Trustee Limited; and
(ii)
the directors and alternate directors of Te Putea Whakatupu Trustee Limited, to be paid by Te Putea Whakatupu Trustee Limited; and
(iii)
the directors and alternate directors of Te Wai Maori Trustee Limited, to be paid by Te Wai Maori Trustee Limited; and
(g)
the policy that must apply to reimbursing allowances to, or actual and reasonable expenses of, the directors, or alternate directors, as the case may be.
Section 37(a)(ii): amended, on 26 July 2026, by section 33(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 37(d): repealed, on 26 July 2026, by section 33(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 37(e): replaced, on 26 July 2026, by section 33(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 37(f): amended, on 26 July 2026, by section 33(4)(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 37(f)(i): amended, on 26 July 2026, by section 33(4)(b) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 37(f)(ii): amended, on 26 July 2026, by section 33(4)(b) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 37(f)(iii): amended, on 26 July 2026, by section 33(4)(b) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 37(g): replaced, on 26 July 2026, by section 33(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
38 Annual report of Te Ohu Kai Moana Trustee Limited
(1)
The trust deed of Te Ohu Kai Moana must set out the reporting obligations of Te Ohu Kai Moana Trustee Limited, as provided for in this section and section 39.
(2)
In measuring its performance against the annual and strategic plans referred to in section 36(1)(b), Te Ohu Kai Moana Trustee Limited must report annually, not later than 5 months after the end of each financial year, to—
(a)
mandated iwi organisations; and
(b)
recognised iwi organisations; and
(c)
representative Māori organisations.
(3)
In each annual report required by subsection (2), Te Ohu Kai Moana Trustee Limited must—
(a)
describe any amendments made to the trust deed of Te Ohu Kai Moana; and
(b)
describe the key activities undertaken by—
(i)
Te Ohu Kai Moana Trustee Limited; and
(ii)
any subsidiary set up by Te Ohu Kai Moana Trustee Limited; and
(iii)
Te Putea Whakatupu Trustee Limited and Te Wai Maori Trustee Limited; and
(c)
describe any special resolution approved or approval granted during that year in respect of the matters referred to in section 35(1)(c); and
(d)
separately describe each of the funds it has reserved under section 35(1)(i), the reason why each reserve fund is held, and any proposed applications of those reserves; and
(e)
[Repealed](f)
describe how the revenue from annual catch entitlements sold in the previous year was used; and
(g)
describe separately or collectively, as provided for in the annual plan, the ordinary shares and dividends held under section 153(1); and
(h)
[Repealed](i)
list any appointments made by Te Ohu Kai Moana Trustee Limited to the board of directors of Te Pūtea Whakatupu Trustee Limited and Te Wai Māori Trustee Limited.
(4)
The annual report must include—
(a)
the audited financial statements of Te Ohu Kai Moana and Te Ohu Kai Moana Trustee Limited; and
(b)
a statement of—
(i)
the payments made under section 35(1)(g); and
(ii)
the fees and the reimbursing allowances or actual and reasonable expenses paid to each of the directors and alternate directors of Te Ohu Kai Moana Trustee Limited, Te Pūtea Whakatupu Trustee Limited, and Te Wai Māori Trustee Limited (see also sections 36(1)(b)(i) and (c), 37(f) and (g), and 44(2)(faa)).
(iii)
[Repealed]Section 38(2): replaced, on 26 July 2026, by section 34(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 38(3)(b)(ii): amended, on 26 July 2026, by section 34(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 38(3)(c): amended, on 26 July 2026, by section 34(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 38(3)(e): repealed, on 26 July 2026, by section 34(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 38(3)(g): amended, on 26 July 2026, by section 34(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 38(3)(h): repealed, on 26 July 2026, by section 34(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 38(3)(i): amended, on 26 July 2026, by section 34(6) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 38(4)(b)(ii): replaced, on 26 July 2026, by section 34(7) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 38(4)(b)(iii): repealed, on 26 July 2026, by section 34(7) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
39 Consultation and other reporting obligations
(1)
The trust deed must require Te Ohu Kai Moana Trustee Limited—
(a)
to hold a general meeting, not later than 8 months after the end of each financial year, to discuss and address issues arising from the annual report; and
(b)
to provide, in a timely manner, to mandated iwi organisations, recognised iwi organisations, and representative Māori organisations—
(i)
the minutes of every general meeting; and
(ii)
the annual report required by section 38, together with information on where the report is publicly available; and
(iii)
the annual and strategic plans referred to in section 36(1)(b).
(2)
This section does not limit any reporting obligations arising under any other enactment or rule of law.
Section 39(1)(b): amended, on 26 July 2026, by section 35 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
40 Obligation to establish and maintain iwi register
(1)
The trust deed of Te Ohu Kai Moana must include an obligation on Te Ohu Kai Moana Trustee Limited to establish and maintain an iwi register.
(2)
The purpose of the iwi register is to provide a record, in respect of each iwi, of the matters set out in subsection (3).
(3)
Without limiting the scope of the iwi register, Te Ohu Kai Moana Trustee Limited must record in the iwi register—
(a)
its recognition of mandated iwi organisations; and
(b)
to the extent that the constitutional documents (and any amendments to them) relate to the matters provided for by or under this Act,—
(i)
its approval of the documents of mandated iwi organisations; and
(ii)
the approval by mandated iwi organisations of the documents of their asset-holding companies and of any subsidiaries of those asset-holding companies; and
(c)
changes to the criteria or requirements that apply to mandated iwi organisations and their constitutional documents made in accordance with section 18; and
(d)
its determinations on coastline entitlements or interim coastline entitlements made under clause 10A or 11 of Schedule 6; and
(e)
the allocation of settlement assets to each iwi; and
(f)
the transfer of those settlement assets to the mandated iwi organisation of the iwi or to an asset-holding company of the mandated iwi organisation, as appropriate; and
(g)
any transfer of settlement quota made in accordance with Part 4 that results from a sale or exchange.
Section 40(3)(d): amended, on 13 December 2006, by section 4 of the Maori Fisheries Amendment Act 2006 (2006 No 78).
41 Review of revenue requirements
[Repealed]Section 41: repealed, on 26 July 2026, by section 36 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
42 Scope of revenue review
[Repealed]Section 42: repealed, on 26 July 2026, by section 36 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
43 Allocation and transfer of surplus loan funds
[Repealed]Section 43: repealed, on 26 July 2026, by section 36 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Te Ohu Kai Moana Trustee Limited
44 Constitution of Te Ohu Kai Moana Trustee Limited
(1)
Te Ohu Kai Moana Trustee Limited must have—
(a)
only 1 share that—
(i)
has no distribution rights; and
(ii)
is held jointly by the members of the board of Te Ohu Kai Moana Trustee Limited; and
(b)
a constitution that is consistent with this Act.
(2)
The constitution must provide—
(a)
that the role of Te Ohu Kai Moana Trustee Limited is restricted to acting as the trustee of Te Ohu Kai Moana; and
(b)
that Te Ohu Kai Moana Trustee Limited must have a board that consists of a number of directors that is—
(i)
at least 5, and not more than 7; and
(ii)
determined, at a general meeting, by mandated iwi organisations, recognised iwi organisations, and representative Māori organisations, and in accordance with procedures specified in the constitution (including, without limitation, a minimum level of support, and voting on a 1-vote-per-mandated iwi organisation, -recognised iwi organisation, and -representative Māori organisation basis); and
(c)
that each director must (unless this Act provides otherwise) be appointed, at a general meeting, by mandated iwi organisations, recognised iwi organisations, and representative Māori organisations, and in accordance with procedures specified in the constitution (including, without limitation, a minimum level of support, and voting on a 1-vote-per-mandated iwi organisation, -recognised iwi organisation, and -representative Māori organisation basis); and
(d)
[Repealed](e)
that each of the directors of Te Ohu Kai Moana Trustee Limited must be a Maori; and
(ea)
that a director, unless vacating office earlier, holds office for a term of 3 years; and
(eb)
that a director is eligible for reappointment; and
(f)
that Te Ohu Kai Moana Trustee Limited must have, and must notify to mandated iwi organisations, recognised iwi organisations, and representative Māori organisations, a policy identifying the skills, experience, and attributes considered desirable for its directors, individually and collectively (and those skills, that experience, and those attributes are, for the purposes of section 151(2)(g) of the Companies Act 1993, taken to be qualifications for directors contained in the constitution of that company); and
(faa)
that fees for a director or alternate director are determined by a resolution approved by a majority of mandated iwi organisations and recognised iwi organisations entitled to vote and voting on the question at a general meeting of Te Ohu Kai Moana Trustee Limited (see also sections 36(1)(b)(i), (c), and (e) and 37(f) and (g)); and
(fa)
that a director may be removed, by mandated iwi organisations, recognised iwi organisations, and representative Māori organisations, and in accordance with procedures specified in the constitution (including, without limitation, a minimum level of support, and voting on a 1-vote-per-mandated iwi organisation, -recognised iwi organisation, and -representative Māori organisation basis); and
(fb)
that the directors may fill a vacancy in their number by appointing, with at least a minimum level of support specified in the constitution, a person who is qualified (because the person, as well as not being disqualified under section 151 of the Companies Act 1993, can be appointed in accordance with the policy required by paragraph (f)) to hold office (unless vacating office earlier) until the next general meeting required to be held—
(i)
by the trust deed of Te Ohu Kai Moana (see section 39(1)(a)); or
(ii)
as provided in the constitution; and
(fc)
that, if a vacancy means that there are not at least 5 directors, the directors must under section 50(2), as soon as is reasonably practicable, fill that vacancy by appointing, with at least a minimum level of support specified in the constitution, a person who is qualified (because the person, as well as not being disqualified under section 151 of the Companies Act 1993, can be appointed in accordance with the policy required by paragraph (f)) to hold office (unless vacating office earlier) until the next general meeting required to be held—
(i)
by the trust deed of Te Ohu Kai Moana (see section 39(1)(a)); or
(ii)
as provided in the constitution; and
(g)
a procedure for the appointment of an alternate for a director to attend and vote at meetings on behalf of that director, but only while the alternate’s appointment has not been terminated under the constitution; and
(h)
a method by which the board of Te Ohu Kai Moana Trustee Limited must address conflicts of interest for its directors; and
(i)
that a director or alternate director of Te Ohu Kai Moana Trustee Limited must not, directly or indirectly, enter into, or perform, or both, any contract for services for any member of Te Ohu Kai Moana Trustee Group unless the director or alternate director does so in accordance with sections 139 to 144 (transactions involving self-interest) of the Companies Act 1993; and
(j)
[Repealed](k)
the criteria that must be taken into account when an alternate director is appointed and any restrictions on eligibility that apply to the appointment of an alternate; and
(l)
a procedure for amending the constitution of Te Ohu Kai Moana Trustee Limited; and
(m)
that Te Ohu Kai Moana Trustee Limited must convene at least 1 general meeting each financial year; and
(ma)
that at any general meeting of Te Ohu Kai Moana Trustee Limited only mandated iwi organisations and recognised iwi organisations may vote, and each mandated iwi organisation and each recognised iwi organisation has 1 vote (see also section 36(1)(ca)), except that representative Māori organisations may also vote at such a general meeting in accordance with section 29(2) and with paragraphs (b), (c), and (fa) of this subsection; and
(n)
that Te Ohu Kai Moana Trustee Limited must give public notice of not less than 20 working days that a general meeting is to be held and the agenda for that meeting, with separate written notice to each—
(i)
mandated iwi organisation; and
(ii)
recognised iwi organisation; and
(iii)
representative Māori organisation; and
(na)
that an irregularity in a required written notice of a general meeting (see paragraph (n)) is waived if all the mandated iwi organisations, recognised iwi organisations, and representative Māori organisations entitled to attend that meeting do so without protest as to the irregularity, or if all such organisations agree to the waiver; and
(nb)
that, subject to the constitution, the accidental omission to give notice of a general meeting to, or the failure to receive notice of a general meeting by, a mandated iwi organisation, recognised iwi organisation, or representative Māori organisation does not invalidate the proceedings at that meeting; and
(nc)
that, subject to the constitution, if a general meeting is adjourned for less than 30 days, it is not necessary to give notice of the time and place of the adjourned general meeting other than by announcement at the general meeting that is adjourned; and
(nd)
that, except as provided in this Act, and subject to the constitution, a general meeting may regulate its own procedure; and
(o)
that Te Ohu Kai Moana Trustee Limited must put any written motion to a non-binding vote at a general meeting, provided the motion is supported by not less than 20% of the total number of mandated iwi organisations; and
(p)
that Te Ohu Kai Moana Trustee Limited may be put into voluntary liquidation only if Te Ohu Kai Moana is terminated; and
(q)
a process for putting Te Ohu Kai Moana Trustee Limited into voluntary liquidation.
(3)
[Repealed](4)
A provision of the constitution of Te Ohu Kai Moana Trustee Limited is of no effect to the extent that it is inconsistent with this Act.
(5)
Te Ohu Kai Moana Trustee Limited has full powers to act in its role as the trustee of Te Ohu Kai Moana.
Section 44(2)(b): replaced, on 26 July 2026, by section 37(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(c): replaced, on 26 July 2026, by section 37(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(d): repealed, on 26 July 2026, by section 37(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(ea): inserted, on 26 July 2026, by section 37(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(eb): inserted, on 26 July 2026, by section 37(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(f): replaced, on 26 July 2026, by section 37(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(faa): inserted, on 26 July 2026, by section 37(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(fa): inserted, on 26 July 2026, by section 37(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(fb): inserted, on 26 July 2026, by section 37(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(fc): inserted, on 26 July 2026, by section 37(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(g): replaced, on 26 July 2026, by section 37(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(i): replaced, on 26 July 2026, by section 37(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(j): repealed, on 26 July 2026, by section 37(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(ma): inserted, on 26 July 2026, by section 37(6) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(n): replaced, on 26 July 2026, by section 37(6) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(na): inserted, on 26 July 2026, by section 37(6) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(nb): inserted, on 26 July 2026, by section 37(6) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(nc): inserted, on 26 July 2026, by section 37(6) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(2)(nd): inserted, on 26 July 2026, by section 37(6) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 44(3): repealed, on 26 July 2026, by section 37(7) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Appointment of directors[Repealed]
Heading: repealed, on 26 July 2026, by section 38 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
45 First directors of Te Ohu Kai Moana Trustee Limited
[Repealed]Section 45: repealed, on 26 July 2026, by section 38 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
46 Subsequent appointments
[Repealed]Section 46: repealed, on 26 July 2026, by section 38 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
47 Term of office of directors
[Repealed]Section 47: repealed, on 26 July 2026, by section 38 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
48 Eligibility for office of director
[Repealed]Section 48: repealed, on 26 July 2026, by section 38 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
49 Removal of directors
[Repealed]Section 49: repealed, on 26 July 2026, by section 38 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
50 Effect of vacancy in membership of board of Te Ohu Kai Moana Trustee Limited
(1)
The functions, duties, and powers of Te Ohu Kai Moana Trustee Limited are not affected by a vacancy in the membership of the board.
(2)
However, if the vacancy means that there are not at least 5 directors, the directors must, as soon as is reasonably practicable, fill that vacancy (see section 44(2)(fc)).
Section 50: replaced, on 26 July 2026, by section 39 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Iwi register
51 Documentation relating to iwi register
(1)
Te Ohu Kai Moana Trustee Limited must preserve, for not less than 12 years from the date when the document comes into existence, every document relevant to the iwi register, in respect of—
(a)
iwi constitutional documents; and
(b)
documents submitted in making a coastline claim under section 11; and
(c)
records of the process by which coastline entitlements are determined by Te Ohu Kai Moana Trustee Limited; and
(d)
other documents that Te Ohu Kai Moana Trustee Limited considers relevant to the matters set out in section 40(3).
(2)
Te Ohu Kai Moana Trustee Limited may create summaries of the records listed in subsection (1) for the purpose of section 52.
52 Access to iwi register
(1)
The iwi register must be available for access upon request by—
(a)
a mandated iwi organisation:
(b)
a member of an iwi.
(c)
[Repealed](2)
However, access to the iwi register may be restricted under a policy of Te Ohu Kai Moana Trustee Limited prepared under section 53.
Section 52(1)(b): replaced, on 26 July 2026, by section 40 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 52(1)(c): repealed, on 26 July 2026, by section 40 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
53 Policy on iwi register
(1)
Te Ohu Kai Moana Trustee Limited may prepare a policy on the iwi register that includes—
(a)
rules on access to—
(i)
information on the register:
(ii)
documents that are relevant to, and included with, information on the register:
(b)
criteria that apply to—
(i)
protect the confidentiality of information in the iwi register:
(ii)
restrict access to the register:
(c)
the circumstances when only a summary of information on the iwi register will be accessible, and those when the full documentation will be accessible:
(d)
when and where the iwi register may be accessed:
(e)
fees and charges that apply for supplying information requested from the iwi register.
(2)
In preparing a policy on the iwi register, Te Ohu Kai Moana Trustee Limited must comply with the procedures set out in section 54.
Rule-making procedures
54 Procedures for making or amending rules
(1)
Te Ohu Kai Moana Trustee Limited may make or amend rules—
(a)
that change the procedures applying to the exchange of settlement quota under Part 4:
(b)
that affect the criteria or other requirements applying to the constitutional documents of mandated iwi organisations in accordance with section 25:
(c)
that restrict access to the iwi register under section 52.
(2)
Te Ohu Kai Moana Trustee Limited must give notice in the Gazette of rules made or amended under subsection (1).
(3)
Before notifying a rule or an amendment under subsection (2), Te Ohu Kai Moana Trustee Limited must, in respect of the proposed rule or amendment,—
(a)
identify the mandated iwi organisations that will be affected by the proposal; and
(b)
inform them of the proposal; and
(c)
if Te Ohu Kai Moana Trustee Limited will be a party affected by the proposal, inform the affected mandated iwi organisations of that fact; and
(d)
allow not less than 20 working days for affected mandated iwi organisations to make written submissions to Te Ohu Kai Moana Trustee Limited on the proposal; and
(e)
take into account submissions made by mandated iwi organisations under paragraph (d); and
(f)
notify the affected mandated iwi organisations of significant issues raised by the submissions and how those issues were taken into account.
(4)
Rules must not be inconsistent with this Act or any other enactment or rule of law.
Section 54(1)(a): amended, on 26 July 2026, by section 41 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Subpart 1A—Funding of Te Ohu Kai Moana Trustee Limited
Subpart 1A: inserted, on 26 July 2026, by section 42 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
54A Application of this subpart
(1)
This subpart applies only if—
(a)
Te Ohu Kai Moana Trustee Limited is directed to start the levy funding process, and is directed to do so by a resolution approved by a simple majority of the total mandated iwi organisations and recognised iwi organisations entitled to vote and voting on the question whether to start the levy funding process; or
(b)
all or a simple majority of the directors of Te Ohu Kai Moana Trustee Limited are satisfied that a funding levy is likely to be needed to enable it to perform its functions and duties efficiently and effectively in any of the years for which the funding levy would be payable.
(2)
Subsection (1)(a) applies even if the resolution directs that the process be started in respect of a funding levy proposal that is not for the purpose specified in section 54B.
(3)
The directors of Te Ohu Kai Moana Trustee Limited may only form a view under subsection (1)(b) if a likely need for a funding levy is indicated in a strategic plan that is approved when submitted for approval under section 36A(3).
(4)
If this subpart applies, Te Ohu Kai Moana Trustee Limited must—
(a)
prepare a proposal to impose a levy on mandated iwi organisations and recognised iwi organisations; and
(b)
send the proposal to each organisation.
Section 54A: inserted, on 26 July 2026, by section 42 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
54B Purpose of funding levy proposal
The purpose of a funding levy proposal is to provide Te Ohu Kai Moana Trustee Limited with enough funding, having regard to its likely other funding sources and likely reserves (if any), to enable it to perform its functions and duties, or any of them specified in the proposal, efficiently and effectively in the years for which the levy would be payable.
Section 54B: inserted, on 26 July 2026, by section 42 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
54C Funding levy proposal
(1)
A funding levy proposal prepared by Te Ohu Kai Moana Trustee Limited must specify—
(a)
the anticipated cost of performing the functions and duties of Te Ohu Kai Moana Trustee Limited in each of the years to which the funding levy would apply, and those years themselves (see also subsection (2)); and
(b)
the assumptions supporting the maximum funding levies including other funding sources, use of reserves, the carrying forward of previous funding levies, and inflation; and
(c)
the maximum funding levy that would be imposed in respect of each of those years; and
(d)
the circumstances in which less than the maximum funding levy might be imposed in respect of any year; and
(e)
the likely impact on the delivery of the current strategic plan if the levy proposal is not implemented; and
(f)
that the proposed funding levy would be applied to each mandated iwi organisation and recognised iwi organisation according to the percentage that the notional population of the relevant iwi bears to the total notional iwi population; and
(g)
the likely cost to each mandated iwi organisation and recognised iwi organisation; and
(h)
the intended due dates for funding levy payments and the interest rate or interest rate formula proposed to be applied to payments in default; and
(i)
any proposed methods of recovery of unpaid funding levy (including default interest) in addition to those specified in section 54E.
(2)
The years to which a funding levy proposal applies, as specified in the proposal, must not exceed 9 years.
Section 54C: inserted, on 26 July 2026, by section 42 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
54D Notice of consideration and adoption of funding levy proposal
(1)
Te Ohu Kai Moana Trustee Limited must, at least 20 working days after sending the funding proposal as required by section 54A(4)(b), convene a general meeting to consider the proposal.
(2)
At the general meeting, the proposal may be adopted without amendment by endorsement by a resolution approved as required by subsection (4).
(3)
If, at the general meeting an amendment is proposed by a mandated iwi organisation, or recognised iwi organisation, or Te Ohu Kai Moana Trustee Limited, and endorsed by a resolution approved by a majority of the total mandated iwi organisations and recognised iwi organisations entitled to vote and voting on the question, Te Ohu Kai Moana Trustee Limited must—
(a)
revise the proposal accordingly; and
(b)
convene a further general meeting within 40 working days to consider the revised proposal and vote on its adoption by endorsement by a resolution approved as required by subsection (4).
(4)
A resolution under subsection (2) or (3)(b) to adopt a funding levy proposal requires endorsement by a resolution approved by mandated iwi organisations and recognised iwi organisations—
(a)
that are at least 75% of mandated iwi organisations and recognised iwi organisations; and
(b)
whose relevant iwi together represent at least 50% of the total notional iwi population.
(5)
If a resolution under this section to adopt a funding levy proposal is not approved, mandated iwi organisations and recognised iwi organisations must not direct Te Ohu Kai Moana Trustee Limited under section 54A(1)(a) to start the levy funding process within the 2 years after the date the resolution was not approved.
(6)
A resolution under subsection (2) or (3)(b) to adopt a funding levy proposal, and that is a resolution approved as required by subsection (4), is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).
(7)
That Act applies as if—
(a)
Te Ohu Kai Moana Trustee Limited were the maker of the resolution; and
(b)
the resolution were made by Te Ohu Kai Moana Trustee Limited approving it.
| Legislation Act 2019 requirements for secondary legislation made under this section | ||||
| Publication | The maker must publish it in accordance with the Legislation (Publication) Regulations 2021 | LA19 s 74(1)(aa) | ||
| Presentation | The Minister must present it to the House of Representatives | LA19 s 114 | ||
| Disallowance | It may be disallowed by the House of Representatives | LA19 ss 115, 116 | ||
| This note is not part of the Act. | ||||
Section 54D: inserted, on 26 July 2026, by section 42 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
54DA Duty to pay levy
If a funding levy proposal is adopted, each mandated iwi organisation or recognised iwi organisation must pay to Te Ohu Kai Moana Trustee Limited the adopted funding levy (including any default interest) that applies to that mandated iwi organisation or recognised iwi organisation.
Section 54DA: inserted, on 26 July 2026, by section 42 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
54E Collection of levy
(1)
Te Ohu Kai Moana Trustee Limited may recover any funding levy (including any default interest) from the relevant mandated iwi organisation or recognised iwi organisation—
(a)
by deducting it from any amount that Te Ohu Kai Moana Trustee Limited owes to or would otherwise be paying to the organisation; or
(b)
as a debt due in any court of competent jurisdiction.
(2)
A funding levy may provide that if the Crown, Aotearoa Fisheries Limited, or any other party owes money to a mandated iwi organisation or recognised iwi organisation that is in default of payment of a funding levy (including any default interest) to Te Ohu Kai Moana Trustee Limited, or owes money to the asset-holding company of that mandated iwi organisation,—
(a)
Te Ohu Kai Moana Trustee Limited may request the Crown, Aotearoa Fisheries Limited, or other party to deduct all or part of the amount owed to Te Ohu Kai Moana Trustee Limited from the money payable to the organisation or asset-holding company; and
(b)
the Crown, Aotearoa Fisheries Limited, or the other party is not obliged to comply with the request under paragraph (a), but if it does so the receipt of the chief executive of Te Ohu Kai Moana Trustee Limited discharges the debt owed by the Crown, Aotearoa Fisheries Limited, or the other party to the mandated iwi organisation, recognised iwi organisation, or asset-holding company to the extent of the amount paid to Te Ohu Kai Moana Trustee Limited.
Example
A mandated iwi organisation owes Te Ohu Kai Moana $10,000.
The Crown owes the mandated iwi organisation $20,000.
The Crown, complying with a request by Te Ohu Kai Moana to do so, can—
deduct $10,000 and pay that amount to Te Ohu Kai Moana; and
pay the mandated iwi organisation $10,000.
Section 54E: inserted, on 26 July 2026, by section 42 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
54F Later funding levy proposals
(1)
Not earlier than 2 years before the expiry of a funding levy, Te Ohu Kai Moana Trustee Limited must, if it wishes the funding levy to continue in its current or an amended form, prepare and distribute to mandated iwi organisations and recognised iwi organisations a further funding levy proposal that complies with section 54C.
(2)
Te Ohu Kai Moana Trustee Limited may include the information referred to in subsection (1) in a strategic plan referred to in section 36(1)(b)(ii).
Section 54F: inserted, on 26 July 2026, by section 42 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
54G Surplus levy funding
(1)
This section applies if Te Ohu Kai Moana Trustee Limited determines by special resolution that it holds levy funding in excess of that necessary or desirable to meet the purpose for which it was collected.
(2)
Te Ohu Kai Moana Trustee Limited must return the surplus funding—
(a)
to the mandated iwi organisations and recognised iwi organisations that paid the funding levy; and
(b)
in the percentage that the notional population of the relevant iwi bears to the total notional iwi population.
Section 54G: inserted, on 26 July 2026, by section 42 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
54H Distribution of other surplus funds
(1)
This section applies if Te Ohu Kai Moana Trustee Limited determines by special resolution that it holds funds (other than levy funding) in excess of those it considers necessary or desirable to meet its current and future requirements.
(2)
Te Ohu Kai Moana Trustee Limited must distribute the surplus funds to mandated iwi organisations.
(3)
Distributions in respect of mandated iwi organisations under subsection (2) may only be paid—
(a)
to a mandated iwi organisation that has charitable status; or
(b)
if a mandated iwi organisation does not have charitable status, to an entity with charitable status nominated by the organisation to benefit the relevant iwi and its members.
(4)
If a mandated iwi organisation does not have charitable status and no nomination is made under subsection (3)(b), Te Ohu Kai Moana Trustee Limited must retain the relevant surplus funds until it can comply with subsection (3).
(5)
Distributions under this section must be made—
(a)
to each mandated iwi organisation; and
(b)
based on the percentage that the notional population of the relevant iwi bears to the total notional iwi population.
(6)
Despite subsection (5), distributions under this section to an iwi listed in Schedule 3 that does not comply with section 130(3) are held in trust for the iwi by Te Ohu Kai Moana Trustee Limited under section 153(4).
Section 54H: inserted, on 26 July 2026, by section 42 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Subpart 2—Te Kawai Taumata
[Repealed]Subpart 2: repealed, on 26 July 2026, by section 43 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
55 Establishment of Te Kawai Taumata
[Repealed]Section 55: repealed, on 26 July 2026, by section 43 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
56 Sole function of Te Kawai Taumata
[Repealed]Section 56: repealed, on 26 July 2026, by section 43 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
57 Membership of Te Kawai Taumata
[Repealed]Section 57: repealed, on 26 July 2026, by section 43 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
58 Alternate members of Te Kawai Taumata
[Repealed]Section 58: repealed, on 26 July 2026, by section 43 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
59 Eligibility for membership of Te Kawai Taumata
[Repealed]Section 59: repealed, on 26 July 2026, by section 43 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Subpart 3—Aotearoa Fisheries Limited
Establishment
60 Establishment of Aotearoa Fisheries Limited
(1)
Before the appointed day, unless it has done so before the commencement of this Act, the Treaty of Waitangi Fisheries Commission must form a company under the Companies Act 1993 with the name Aotearoa Fisheries Limited.
(2)
[Repealed](3)
If Aotearoa Fisheries Limited changes its name, all references (express or implied) in the following to the company must be read as references to the company under its new name:
(a)
this Act or any other legislation:
(b)
any instrument, register, record, notice, security, document, or communication (whether approved, made, given, passed, or executed before, on, or after the commencement of this subsection).
Section 60(2): repealed, on 26 July 2026, by section 44(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 60(3): replaced, on 26 July 2026, by section 44(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
60A Relationship of mandated iwi organisations and asset-holding companies with Aotearoa Fisheries Limited
(1)
In exercising the rights and powers of a shareholder of Aotearoa Fisheries Limited under this Act, the constitution, or the Companies Act 1993 (including the sale of ordinary shares), an asset-holding company or subsidiary must act in accordance with the directions of the relevant mandated iwi organisation as referred to in section 69 and kaupapa 11(b) of Schedule 7.
(2)
Subsection (1) does not require Aotearoa Fisheries Limited to verify whether an asset-holding company is acting in accordance with a direction referred to in that subsection, or its constitution, but Aotearoa Fisheries Limited may require a statutory declaration or evidence of compliance if it considers that to be appropriate.
(3)
A failure to comply with subsection (1) does not invalidate any action taken by the asset-holding company or subsidiary or Aotearoa Fisheries Limited.
Section 60A: inserted, on 26 July 2026, by section 45 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Duty of Aotearoa Fisheries Limited
61 Duty of Aotearoa Fisheries Limited
(1)
Aotearoa Fisheries Limited must manage its assets in a commercial manner.
(2)
In carrying out its duty under subsection (1), Aotearoa Fisheries Limited and its subcompanies may undertake—
(a)
fishing and fisheries-related activities:
(b)
other activities including, but not limited to, activities related to the seafood industry.
(3)
However, Aotearoa Fisheries Limited and its subcompanies must not undertake activities referred to in subsection (2)(b) without the approval of a special resolution of its holders of ordinary shares.
Section 61(2): amended, on 26 July 2026, by section 46(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 61(3): amended, on 26 July 2026, by section 46(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Constitution of Aotearoa Fisheries Limited
62 Requirements for constitution
(1)
Aotearoa Fisheries Limited must have a constitution that includes—
(a)
a requirement that a director of Aotearoa Fisheries Limited be appointed by asset-holding companies (see also section 155 of the Companies Act 1993); and
(ab)
a requirement that Aotearoa Fisheries Limited must have at least 5, and not more than 8, directors, as determined by its shareholders by ordinary resolution; and
(ac)
a requirement that a director (unless vacating office earlier, for example, under section 156 or 157 of the Companies Act 1993)—
(i)
is appointed for a term not exceeding 3 years; and
(ii)
may be reappointed for any number of further terms; and
(iii)
continues in office after the expiry of the director’s term until the first to occur of the following:
(A)
the end of the next annual general meeting of Aotearoa Fisheries Limited:
(B)
the director receives written advice from Aotearoa Fisheries Limited to the effect that the vacancy is not to be filled; and
(ad)
a requirement that, if an extraordinary vacancy means that there is not at least the minimum number of directors determined under the requirement stated in paragraph (ab), the directors must fill that vacancy within 3 months by appointing a qualified person to hold office until the next annual general meeting is required to be held (unless vacating office earlier, for example, under section 156 or 157 of the Companies Act 1993); and
(ae)
a requirement that fees for a director or alternate director are determined by its shareholders by ordinary resolution; and
(af)
a requirement that Aotearoa Fisheries Limited must have a policy about expenses and allowances (not including fees) payable to its directors and alternate directors; and
(ag)
a requirement that Aotearoa Fisheries Limited must make its policy required by paragraph (af) (about directors’ and alternate directors’ expenses and allowances (not including fees)) available to a shareholder of Aotearoa Fisheries Limited, free of charge, within 10 working days of receiving a request from the shareholder (and that requirement overrides section 178 of the Companies Act 1993); and
(b)
a procedure for the appointment of an alternate for a director to attend and vote at meetings on behalf of that director, but only while that director holds office as a director; and
(c)
the criteria that must be taken into account when an alternate is appointed, and any restrictions on eligibility that apply to an appointment; and
(ca)
a provision that a director or alternate director of Aotearoa Fisheries Limited must not, directly or indirectly, enter into, or perform, or both, any contract for services for any member of AFL Group unless the director or alternate director does so in accordance with sections 139 to 144 (transactions involving self-interest) of the Companies Act 1993; and
(cb)
a provision that a director or alternate director of Aotearoa Fisheries Limited must also comply with sections 139 to 144 of the Companies Act 1993 for transactions (other than those covered by paragraph (ca)) in which the director or alternate director is interested (as defined in section 139 of that Act); and
(d)
a method by which the board of Aotearoa Fisheries Limited must address conflicts of interest (other than those covered by paragraphs (ca) and (cb)) that may arise for its directors and alternate directors; and
(da)
a requirement that Aotearoa Fisheries Limited must use its best endeavours to ensure requirements similar to those specified in paragraphs (ca), (cb), and (d) are included in the constitutional document of every subcompany in respect of its directors and alternate directors; and
(e)
[Repealed](f)
a requirement that Aotearoa Fisheries Limited report to holders of ordinary shares with—
(i)
formal unaudited half-yearly financial statements; and
(ii)
audited yearly financial statements; and
(iii)
an annual report that includes a statement of any change in the value of the company for the financial year, together with a statement of the method by which that value was determined; and
(iv)
a business plan for the next financial year, including a summary of the key activities to be undertaken in that year; and
(v)
the minutes of the annual general meeting and any special general meeting; and
(g)
a requirement that Aotearoa Fisheries Limited use its best endeavours to work co-operatively with iwi on commercial matters; and
(h)
requirements that Aotearoa Fisheries Limited—
(i)
establish a process for an asset-holding company, or a subsidiary of an asset-holding company, to sell ordinary shares held by the asset-holding company, or subsidiary, to another asset-holding company; and
(ii)
establish a process for verifying that transfers of ordinary shares are in accordance with the provisions of section 69 and its constitution; and
(iii)
maintain on its website a continuous record of all changes in shareholding updated within 1 month of the company being notified of any change (and this requirement does not limit any requirement under section 87 of the Companies Act 1993 to maintain a share register); and
(i)
a requirement that Aotearoa Fisheries Limited must have, and notify to shareholders, a policy—
(i)
for disposal, by itself or any of its subcompanies, of specified assets or classes of assets; and
(ii)
that gives a priority to mandated iwi organisations or asset-holding companies to acquire them; and
(iii)
specifying circumstances in which that policy does not apply; and
(iv)
specifying plans or procedures for Aotearoa Fisheries Limited and Sealord Group Limited to discuss, and to make best endeavours to agree on, every proposal for, and the terms of, a preferential or priority disposal of assets in line with that policy; and
(v)
stipulating that those plans or procedures do not impose binding requirements on Aotearoa Fisheries Limited and Sealord Group Limited; and
(vi)
requiring assets in any disposal of that kind to be offered, for any acquisition, at market value; and
(j)
[Repealed](k)
a provision enabling Aotearoa Fisheries Limited—
(i)
to issue additional ordinary shares; and
(ia)
to acquire its own shares; and
(ii)
to establish subcompanies; and
(l)
provisions for any other matters that are required by this Act or the Companies Act 1993.
(2)
This section does not limit any reporting obligations arising under another enactment or rule of law.
(3)
To the extent that a provision of the constitution of Aotearoa Fisheries Limited or an amendment to it is inconsistent with this Act, that provision has no effect.
Section 62(1)(a): replaced, on 26 July 2026, by section 47(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(ab): inserted, on 26 July 2026, by section 47(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(ac): inserted, on 26 July 2026, by section 47(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(ad): inserted, on 26 July 2026, by section 47(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(ae): inserted, on 26 July 2026, by section 47(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(af): inserted, on 26 July 2026, by section 47(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(ag): inserted, on 26 July 2026, by section 47(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(b): amended, on 26 July 2026, by section 47(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(ca): inserted, on 26 July 2026, by section 47(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(cb): inserted, on 26 July 2026, by section 47(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(d): replaced, on 26 July 2026, by section 47(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(da): inserted, on 26 July 2026, by section 47(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(e): repealed, on 26 July 2026, by section 47(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(f): amended, on 26 July 2026, by section 47(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(h): replaced, on 26 July 2026, by section 47(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(i): replaced, on 26 July 2026, by section 47(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(j): repealed, on 26 July 2026, by section 47(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(k): replaced, on 26 July 2026, by section 47(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 62(1)(l): replaced, on 26 July 2026, by section 47(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Directors[Repealed]
Heading: repealed, on 26 July 2026, by section 48 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
63 Directors of Aotearoa Fisheries Limited
[Repealed]Section 63: repealed, on 26 July 2026, by section 48 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
64 Restrictions on appointment of directors
[Repealed]Section 64: repealed, on 26 July 2026, by section 48 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
65 Directors of subcompanies
[Repealed]Section 65: repealed, on 26 July 2026, by section 48 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Voting shares[Repealed]
Heading: repealed, on 26 July 2026, by section 48 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
66 Voting shares
[Repealed]Section 66: repealed, on 26 July 2026, by section 48 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Income shares[Repealed]
Heading: repealed, on 26 July 2026, by section 48 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
67 Income shares
[Repealed]Section 67: repealed, on 26 July 2026, by section 48 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Ordinary shares
Heading: inserted, on 26 July 2026, by section 49 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
67A Who may hold ordinary shares
Ordinary shares in Aotearoa Fisheries Limited must be held only by—
(a)
an asset-holding company of a mandated iwi organisation; or
(b)
a subsidiary of an asset-holding company of a mandated iwi organisation; or
(c)
Aotearoa Fisheries Limited, in accordance with section 68(b)(i) or 69(2) or (3); or
(d)
Te Ohu Kai Moana Trustee Limited in trust under section 153, and pending transfer under section 130.
Section 67A: inserted, on 26 July 2026, by section 49 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
67B Rights and powers attaching to ordinary shares
(1)
All ordinary shares in Aotearoa Fisheries Limited are shares to which section 36 of the Companies Act 1993 applies.
(2)
In particular,—
(a)
those ordinary shares confer on the holder the rights specified in section 36(1) of the Companies Act 1993; and
(b)
those rights cannot be negated, altered, or added to in any of the ways specified in section 36(2) of the Companies Act 1993.
(3)
This section does not limit, and is not limited by, clause 2(5) and (6) of Schedule 1AA.
Section 67B: inserted, on 26 July 2026, by section 49 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
68 Additional ordinary shares
If Aotearoa Fisheries Limited issues, or proposes to issue, additional ordinary shares,—
(a)
they must be offered to shareholders in proportion to the ordinary shares they hold at the date of issue, or proposed issue, of the additional shares, including, without limitation,—
(i)
ordinary shares transferred to, and held by, 1 or more asset-holding companies of a mandated iwi organisation under sections 18B(5)(b)(ii) and 18E(1)(b) and (3); and
(ii)
ordinary shares held in trust under section 153 by Te Ohu Kai Moana Trustee Limited pending transfer under section 130; and
(b)
if they are unsubscribed ordinary shares, they must be offered subject, if the offer is not accepted, to being repurchased, cancelled, or withdrawn, in accordance with the constitution of Aotearoa Fisheries Limited, which must provide that,—
(i)
if the shares for which the offer is not accepted have been issued, those shares are deemed repurchased or cancelled (as required); and
(ii)
if the shares for which the offer is not accepted have not been issued, those shares must be withdrawn from the proposed issue; and
(iii)
in neither case is the offeree entitled to any benefit or payment (whether by way of compensation or otherwise) in respect of those shares.
Section 68: replaced, on 26 July 2026, by section 49 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
69 Disposal of ordinary shares by mandated iwi organisations or by Aotearoa Fisheries Limited
(1)
A mandated iwi organisation may authorise and direct its asset-holding company, or a subsidiary of its asset-holding company, to sell ordinary shares held by the asset-holding company or subsidiary, but only—
(a)
to an asset-holding company, or a subsidiary of an asset-holding company, of another mandated iwi organisation (see section 74(1)); and
(b)
in accordance with the process established in the constitution of Aotearoa Fisheries Limited.
(2)
Despite subsection (1), ordinary shares may be acquired by Aotearoa Fisheries Limited under—
(a)
section 58 (company may acquire its own shares) of the Companies Act 1993; and
(b)
the process (if any) established in the constitution of Aotearoa Fisheries Limited.
(3)
In particular, ordinary shares may be acquired by Aotearoa Fisheries Limited under—
(a)
sections 110 to 112C (minority buy-out rights) of the Companies Act 1993; and
(b)
the process (if any) established in the constitution of Aotearoa Fisheries Limited.
(4)
Ordinary shares acquired by Aotearoa Fisheries Limited under subsection (2) or (3) may be transferred, but—
(a)
only—
(i)
to an asset-holding company, or a subsidiary of an asset-holding company, of a mandated iwi organisation; and
(ii)
in accordance with the process (if any) established in the constitution of Aotearoa Fisheries Limited; and
(b)
if a third party to a specified transaction exercises a right to sell, or requires the sale of, ordinary shares, only in accordance with section 72 (and, for the purposes of this paragraph, section 72 applies to Aotearoa Fisheries Limited as if it—
(i)
held the acquired ordinary shares as an asset-holding company of a mandated iwi organisation; and therefore
(ii)
were not a third party as that term is defined in section 72(4)).
(5)
As soon as is reasonably practicable after an asset-holding company, or a subsidiary of an asset-holding company, of a mandated iwi organisation has sold any ordinary shares held by the asset-holding company or subsidiary, the mandated iwi organisation must—
(a)
notify Aotearoa Fisheries Limited of the sale; and
(b)
provide documentation to Aotearoa Fisheries Limited to establish that the sale complied with all the requirements of this Act and of the constitution of Aotearoa Fisheries Limited.
(6)
The documentation mentioned in subsection (5)(b) must, if Aotearoa Fisheries Limited so requires, be supported by a statutory declaration made by the mandated iwi organisation.
Section 69: replaced, on 26 July 2026, by section 49 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
70 Process for disposal of income shares by mandated iwi organisations
[Repealed]Section 70: repealed, on 26 July 2026, by section 49 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
71 Disposal of income shares by Te Ohu Kai Moana Trustee Limited
[Repealed]Section 71: repealed, on 26 July 2026, by section 49 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
72 Other constraints on disposal of ordinary shares
(1)
If a third party to a specified transaction exercises a right to sell, or requires the sale of, ordinary shares,—
(a)
the ordinary shares may only be sold—
(i)
to an asset-holding company, or a subsidiary of an asset-holding company, of another mandated iwi organisation; and
(ii)
in accordance with the process established in the constitution of Aotearoa Fisheries Limited; and
(b)
the third party proposing to exercise the right to sell, or to require the sale, must notify the proposal to all mandated iwi organisations.
(2)
As soon as is reasonably practicable after a third party has exercised the right to sell, or required the sale of, ordinary shares under subsection (1), it must—
(a)
notify Aotearoa Fisheries Limited of the sale; and
(b)
provide documentation to Aotearoa Fisheries Limited to establish that the sale complied with subsection (1) and with the constitution of Aotearoa Fisheries Limited.
(3)
The documentation mentioned in subsection (2)(b) must, if Aotearoa Fisheries Limited so requires, be supported by a statutory declaration made by the third party involved in the specified transaction.
(4)
In section 69(4)(b) and this section,—
specified transaction means a transaction (for example, granting an option, giving a mortgage, giving any other security interest, or giving a guarantee), or series of transactions, with a third party, and that could result in—
(a)
the sale of ordinary shares held by, or on behalf of, a mandated iwi organisation; or
(b)
the iwi being disentitled to the income from ordinary shares; or
(c)
the iwi being disentitled to the right to vote, or other rights, in respect of the ordinary shares, for more than 5 years
third party means a person other than—
(a)
a mandated iwi organisation; or
(b)
an asset-holding company, or a subsidiary of an asset-holding company, of a mandated iwi organisation.
Section 72: replaced, on 26 July 2026, by section 49 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
73 Remedy for breach of section 69 or 72
(1)
If a contract for the sale of ordinary shares, or a transaction or series of transactions referred to in section 72(1), results in breach of section 69 or 72, the Court may make orders that—
(a)
cancel the contract or transaction:
(b)
vest in the vendor the shares that were the subject of the contract or transaction:
(c)
vest in the buyer the consideration for the contract or transaction:
(d)
the Court thinks fit, if the buyer has on-sold, or has granted any interest in, or given any security interest over, the shares:
(e)
the costs of the applicant be met by the parties to the sale or transaction.
(2)
Orders made under subsection (1) may be made—
(a)
on the application of—
(i)
a party to the contract for sale or transaction or series of transactions; or
(ii)
an adult member of an iwi whose mandated iwi organisation is a party; or
(iii)
a mandated iwi organisation; or
(iv)
Aotearoa Fisheries Limited; and
(b)
on the terms and conditions that the Court thinks fit, so long as the ordinary shares are not vested other than—
(i)
in a mandated iwi organisation; or
(ii)
in an asset-holding company, or in a subsidiary of an asset-holding company, of a mandated iwi organisation to be held by the asset-holding company or subsidiary on behalf of the mandated iwi organisation that owns the asset-holding company (see section 16(1)(c) and (3)).
(3)
Subpart 5 (illegal contracts) of Part 2 (contracts) of the Contract and Commercial Law Act 2017 does not apply to a breach of section 69 or 72 of this Act.
Section 73: replaced, on 26 July 2026, by section 49 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
74 Exceptions to restrictions on disposal of ordinary shares
(1)
Section 69 does not apply to transfers of ordinary shares between or among—
(a)
asset-holding companies wholly owned by the same mandated iwi organisation; or
(b)
subsidiaries of asset-holding companies that are wholly owned by asset-holding companies wholly owned by the same mandated iwi organisation; or
(c)
an asset-holding company wholly owned by a mandated iwi organisation and a subsidiary of an asset-holding company that is wholly owned by an asset-holding company wholly owned by the same mandated iwi organisation.
(2)
If an asset-holding company ceases to be wholly owned by a mandated iwi organisation, or a subsidiary of an asset-holding company of a mandated iwi organisation ceases to be wholly owned by an asset-holding company wholly owned by the same mandated iwi organisation, the ordinary shares held by the asset-holding company or by the subsidiary must be—
(a)
treated as the property of the mandated iwi organisation; and
(b)
held, as required by section 16(1)(c) and (3), by—
(i)
another asset-holding company wholly owned by the mandated iwi organisation; or
(ii)
another subsidiary of an asset-holding company that is wholly owned by the same mandated iwi organisation.
Section 74: replaced, on 26 July 2026, by section 49 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Payment of dividends
Heading: replaced, on 26 July 2026, by section 50 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
75 Transfer of assets to Aotearoa Fisheries Limited
[Repealed]Section 75: repealed, on 26 July 2026, by section 50 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
76 Payment of dividends by Aotearoa Fisheries Limited
(1)
Aotearoa Fisheries Limited may pay dividends only to holders of ordinary shares.
(2)
Aotearoa Fisheries Limited must ensure that not less than 40% of its AFL Group net profit after tax, as determined in accordance with generally accepted accounting practice, is paid annually to its holders of ordinary shares.
(3)
Aotearoa Fisheries Limited must use its best endeavours to ensure that the constitution of every subcompany requires the subcompany to make payments that provide Aotearoa Fisheries Limited with sufficient money to enable Aotearoa Fisheries Limited to comply with subsection (2).
(4)
If the payments from its subcompanies are insufficient to allow Aotearoa Fisheries Limited to comply with subsection (2), Aotearoa Fisheries Limited may meet its obligations under subsection (2) by other means.
(5)
In subsection (2),—
AFL Group has the meaning given to it in section 5
AFL Group net profit after tax does not include—
(a)
asset revaluations; or
(b)
unrealised capital gains or losses; or
(c)
unrealised gains or losses from financial instruments.
(6)
However, this section does not apply in respect of any year for which the holders of ordinary shares have so resolved, and in that case the directors may authorise distributions in accordance with section 52 of the Companies Act 1993.
(7)
A resolution for the purposes of subsection (6) is invalid unless supported by a simple majority of the votes of those shareholders entitled to vote and voting on the question.
Section 76(1): amended, on 26 July 2026, by section 51(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 76(2): amended, on 26 July 2026, by section 51(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 76(2): amended, on 26 July 2026, by section 51(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 76(5): replaced, on 26 July 2026, by section 51(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 76(6): inserted, on 26 July 2026, by section 51(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 76(7): inserted, on 26 July 2026, by section 51(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
77 Circumstances when payments not required
Section 76(2) does not apply to the extent that compliance would put Aotearoa Fisheries Limited, a subcompany, or any directors or alternate directors of either, in breach of any obligation under the Companies Act 1993.
Section 77: replaced, on 26 July 2026, by section 52 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Subpart 4—Te Putea Whakatupu Trust and Te Putea Whakatupu Trustee Limited
Establishment
78 Interpretation
In this subpart and in subpart 5,—
distribution means, in relation to trust income, the annual distributions made by—
(a)
Te Putea Whakatupu Trustee Limited under section 83(b):
(b)
Te Wai Maori Trustee Limited under section 95(b)
distribution policy means the statement of objectives, priorities, and criteria that must be used to guide the annual distribution of trust income in order to meet the purpose of Te Putea Whakatupu Trust or Te Wai Maori Trust, as the case may be
investment plan means the proposed investment of the trust capital
trust capital means,—
(a)
in the case of Te Putea Whakatupu Trust—
(i)
settlement asset money transferred by Te Ohu Kai Moana Trustee Limited in accordance with section 137(1)(a); and
(ii)
any further payments made under section 90(5); and
(b)
in the case of Te Wai Maori Trust—
(i)
settlement asset money transferred by Te Ohu Kai Moana Trustee Limited in accordance with sections 103(3) and 137(1)(b); and
(ii)
any further payments made under section 103(6)
trust funds means trust capital and accumulated trust income
trust income means—
(a)
in the case of Te Putea Whakatupu Trust,—
(i)
funds transferred under section 137(1)(e)(ii); and
(ii)
earnings derived from the trust capital; and
(b)
in the case of Te Wai Maori Trust—
(i)
funds transferred under section 137(1)(e)(iii); and
(ii)
earnings derived from trust capital.
79 Establishment of Te Putea Whakatupu Trust
(1)
Te Ohu Kai Moana Trustee Limited must, not later than 60 working days after the appointed day, establish by trust deed a trust called Te Putea Whakatupu Trust.
(2)
No rules of law or provisions of an Act limiting the duration of a trust, including section 16 of the Trusts Act 2019,—
(a)
prescribe or restrict the period during which Te Putea Whakatupu Trust may exist in law; or
(b)
apply to a document entered into to give effect to the Deed of Settlement (including the trust deed required to be entered into under subsection (1)) if the application of that rule or the provisions of that Act would otherwise make a document, or a right or obligation conferred by that document, invalid or ineffective.
Section 79(2): amended, on 26 July 2026, by section 53 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 79(2): amended, on 30 January 2021, by section 161 of the Trusts Act 2019 (2019 No 38).
80 Trustee of Te Putea Whakatupu Trust
(1)
Te Putea Whakatupu Trust must have only 1 trustee.
(2)
The trustee of Te Putea Whakatupu Trust must be a company formed under the Companies Act 1993 with the name of Te Putea Whakatupu Trustee Limited.
81 Purpose of Te Putea Whakatupu Trust
The purpose of Te Putea Whakatupu Trust is to hold and manage the trust funds on trust for and on behalf of the beneficiaries under the Deed of Settlement, in order to promote education, training, and research, including matters that relate to fisheries, fishing, and fisheries-related activities, but not in a manner that could adversely affect the charitable status (if any) of the Trust.
82 Benefits of Trust
The benefits of Te Putea Whakatupu Trust must be made available as widely as possible to all Maori, having regard to—
(a)
the extent to which mandated iwi organisations are providing, or are able to provide, benefits for members of their iwi that are the same or similar to those that are able to be provided by Te Putea Whakatupu Trustee Limited; and
(b)
the interests of Maori who—
(i)
do not associate with their iwi; or
(ii)
do not receive benefits from a mandated iwi organisation.
83 Functions of Te Putea Whakatupu Trustee Limited
In achieving the purpose of Te Putea Whakatupu Trust, Te Putea Whakatupu Trustee Limited must—
(a)
manage the trust funds; and
(b)
distribute the annual trust income for activities that include—
(i)
promoting educational and training programmes, courses, and schemes within New Zealand for Maori, with a view to providing educational and training opportunities, including those that have application to the fishing industry:
(ii)
funding the development of the skills of Maori, including those relevant to the fishing industry:
(iii)
promoting the advancement of Maori by—
(A)
offering or funding scholarships and grants to enable Maori students to meet the entry requirements of wānanga, universities, or other tertiary institutions in New Zealand or overseas; and
(B)
establishing scholarships and grants, or funding wānanga, universities, or other tertiary institutions in New Zealand to offer scholarships and grants, with a view to encouraging Maori to develop their education and skills:
(iv)
promoting research and development by wānanga, universities, or other tertiary institutions in New Zealand or overseas into (but not limited to)—
(A)
the involvement of Maori in fishing and fisheries-related activities; and
(B)
matters affecting Maori fishing:
(v)
facilitating access of Maori working in, or wishing to work in industry (including the fishing industry), to—
(A)
education and training courses:
(B)
conferences, presentations, and other learning experiences:
(vi)
other activities that are necessary to foster or promote the activities set out in subparagraphs (i) to (v).
Section 83(b)(iii)(A): amended, on 1 August 2020, by section 668 of the Education and Training Act 2020 (2020 No 38).
Section 83(b)(iii)(B): amended, on 1 August 2020, by section 668 of the Education and Training Act 2020 (2020 No 38).
Section 83(b)(iv): amended, on 1 August 2020, by section 668 of the Education and Training Act 2020 (2020 No 38).
Requirements for trust deed
84 Contents of trust deed of Te Putea Whakatupu Trust
(1)
To enable Te Putea Whakatupu Trustee Limited to carry out the purpose of Te Putea Whakatupu Trust, the trust deed must provide—
(a)
that the directors and alternate directors of Te Putea Whakatupu Trustee Limited are entitled to be paid fees and reimbursing allowances or actual and reasonable expenses in accordance with the provisions included in the annual plan of Te Ohu Kai Moana Trustee Limited under section 37(f) and (g); and
(b)
for the powers of investment of the directors of Te Putea Whakatupu Trustee Limited (and any prohibited investments); and
(c)
for the manner in which the trust deed may be varied and any restrictions on the way it may be varied; and
(d)
that the directors of Te Putea Whakatupu Trustee Limited may—
(i)
make distributions to Maori, mandated iwi organisations, and other Maori organisations for the purpose of Te Putea Whakatupu Trust, subject to any conditions stated in the trust deed or specified by the directors; and
(ii)
decline to make distributions if they consider that, in a particular case, the iwi concerned can or should be able to provide similar benefits to its members from income derived from settlement assets; and
(iii)
in relation to any trust income not distributed in a financial year, determine a policy for capitalising, carrying forward, or creating reserves from, that income; and
(e)
for the directors to commission an audit of Te Putea Whakatupu Trustee Limited under section 105; and
(f)
for the circumstances when Te Putea Whakatupu Trust may be terminated; and
(g)
on termination of that Trust, for the payment of the trust funds, in the percentages specified in column 3 of Schedule 3,—
(i)
to each mandated iwi organisation that has charitable status; or
(ii)
in the case of a mandated iwi organisation that does not have charitable status, to an entity with charitable status nominated by the mandated iwi organisation to benefit the relevant iwi and its members; or
(iii)
if no mandated iwi organisation exists or no nomination is made under subparagraph (ii), to an entity with charitable status nominated by Te Ohu Kai Moana Trustee Limited to benefit the relevant iwi and its members.
(2)
The trust deed must prohibit Te Putea Whakatupu Trustee Limited from—
(a)
undertaking any business other than what is necessary for the purpose of the Trust; and
(b)
expending or distributing trust capital, except on termination of the trust.
(3)
The trust deed may—
(a)
include any other matter that is not inconsistent with this Act or the constitution of Te Putea Whakatupu Trustee Limited; and
(b)
be amended subject to—
(i)
the purpose of Te Putea Whakatupu Trust:
(ii)
the manner of its variation and any restrictions specified in the trust deed:
(iii)
the constitution of Te Putea Whakatupu Trustee Limited:
(iv)
this Act.
(4)
A provision of the trust deed or an amendment to it has no effect to the extent that it is inconsistent with this Act.
Section 84(1)(a): amended, on 26 July 2026, by section 54 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
85 Annual plan of Te Putea Whakatupu Trustee Limited
The trust deed of Te Putea Whakatupu Trust must require Te Putea Whakatupu Trustee Limited to prepare, and obtain the approval of Te Ohu Kai Moana Trustee Limited for, an annual plan that includes—
(a)
the distribution policy of Te Putea Whakatupu Trustee Limited; and
(b)
any investment plan of Te Putea Whakatupu Trustee Limited; and
(c)
the budget for Te Putea Whakatupu Trustee Limited; and
(d)
the administrative services available to Te Putea Whakatupu Trustee Limited.
86 Reporting obligations of Te Putea Whakatupu Trustee Limited
(1)
The trust deed of Te Putea Whakatupu Trust must set out the following reporting, accounting, and auditing obligations of Te Putea Whakatupu Trustee Limited:
(a)
the directors of Te Putea Whakatupu Trustee Limited must report to Te Ohu Kai Moana Trustee Limited within 4 months after the end of each financial year on—
(i)
the performance of Te Putea Whakatupu Trustee Limited, assessed against its approved annual plan; and
(ii)
distributions made by Te Putea Whakatupu Trustee Limited, assessed against its distribution policy; and
(iii)
investments made (if any) and returns on investments (if any); and
(iv)
any matter required by Te Ohu Kai Moana Trustee Limited in order to meet its reporting obligations; and
(b)
the directors of Te Putea Whakatupu Trustee Limited must keep separate accounts for and report separately on—
(i)
the distributions made by Te Putea Whakatupu Trustee Limited; and
(ii)
the cost of administering Te Putea Whakatupu Trust; and
(iii)
the cost of administering the distributions; and
(iv)
the fees and reimbursing allowances or actual and reasonable expenses paid to the directors and alternate directors of Te Pūtea Whakatupu Trustee Limited; and
(v)
contracts for service entered into between the following parties (whether or not those contracts for service are also entered into by any other party, or by any other parties):
(A)
Te Pūtea Whakatupu Trustee Limited; and
(B)
all or any of, or a person who contracts to provide the services of all or any of, its directors or alternate directors; and
(c)
the directors must ensure that the accounts of Te Putea Whakatupu Trust are audited annually.
(2)
This section does not limit any reporting obligations of Te Putea Whakatupu Trustee Limited arising under any enactment or rule of law.
Section 86(1)(b)(iv): replaced, on 26 July 2026, by section 55 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 86(1)(b)(v): replaced, on 26 July 2026, by section 55 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Requirements for constitution
87 Constitution of Te Putea Whakatupu Trustee Limited
(1)
Te Putea Whakatupu Trustee Limited must have—
(a)
only 1 share that—
(i)
has no distribution rights; and
(ii)
must be held by the board of Te Ohu Kai Moana Trustee Limited; and
(b)
a constitution that is consistent with this Act.
(2)
The constitution must provide—
(a)
that the role of Te Putea Whakatupu Trustee Limited is restricted to acting as the trustee of Te Putea Whakatupu Trust; and
(b)
that Te Putea Whakatupu Trustee Limited must have at least 3, and not more than 5, directors; and
(c)
that Te Ohu Kai Moana Trustee Limited must appoint, in accordance with the criteria specified in section 88, and may remove, the directors of Te Putea Whakatupu Trustee Limited; and
(d)
that a director (unless vacating office earlier, for example, under section 156 or 157 of the Companies Act 1993)—
(i)
is appointed for a term not exceeding 3 years; and
(ii)
may be reappointed for any number of further terms; and
(iii)
continues in office after the expiry of the director’s term until the first to occur of the following:
(A)
the end of the next general meeting of Te Ohu Kai Moana Trustee Limited:
(B)
the director receives written advice from Te Ohu Kai Moana Trustee Limited to the effect that the vacancy is not to be filled; and
(da)
a procedure for the appointment of an alternate for a director to attend and vote at meetings on behalf of that director, but only while that director holds office as a director; and
(db)
that fees for a director or alternate director are determined by a resolution approved by a majority of mandated iwi organisations entitled to vote and voting on the question at a general meeting of Te Ohu Kai Moana Trustee Limited (see also sections 36(1)(b)(i), (c), and (e) and 37(f) and (g)); and
(e)
that a director or alternate director of Te Pūtea Whakatupu Trustee Limited must not, directly or indirectly, enter into, or perform, or both, any contract for services for Te Pūtea Whakatupu Trustee Limited unless the director or alternate director does so in accordance with sections 139 to 144 (transactions involving self-interest) of the Companies Act 1993; and
(ea)
that a director or alternate director of Te Pūtea Whakatupu Trustee Limited must also comply with sections 139 to 144 of the Companies Act 1993 for transactions (other than those covered by paragraph (e)) in which the director or alternate director is interested (as defined in section 139 of that Act); and
(f)
a method by which the board of Te Pūtea Whakatupu Trustee Limited must address conflicts of interest (other than those covered by paragraphs (e) and (ea)) that may arise for its directors and alternate directors; and
(g)
that Te Putea Whakatupu Trustee Limited may regulate its own procedure, so long as it provides that—
(i)
the quorum is a majority of directors for the purpose of transacting any business; and
(ii)
a meeting may be conducted by teleconference or by any means of communication that allows each director to participate effectively in the proceedings; and
(h)
a procedure for amending the constitution; and
(i)
that Te Putea Whakatupu Trustee Limited may be put into voluntary liquidation only if Te Putea Whakatupu Trust is terminated.
(3)
A provision of the constitution of Te Putea Whakatupu Trustee Limited or an amendment to it has no effect to the extent that it is inconsistent with this Act or another enactment or rule of law.
Section 87(2)(b): amended, on 26 July 2026, by section 56(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 87(2)(d): replaced, on 26 July 2026, by section 56(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 87(2)(da): inserted, on 26 July 2026, by section 56(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 87(2)(db): inserted, on 26 July 2026, by section 56(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 87(2)(e): replaced, on 26 July 2026, by section 56(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 87(2)(ea): inserted, on 26 July 2026, by section 56(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 87(2)(f): replaced, on 26 July 2026, by section 56(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 87(2)(g)(i): amended, on 26 July 2026, by section 56(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Directors
88 Requirements for appointment of directors
(1)
The constitution of Te Putea Whakatupu Trustee Limited must specify that the directors of Te Putea Whakatupu Trustee Limited must all be Maori who, collectively,—
(a)
are well versed in matters of tikanga Maori; and
(b)
are experienced in working with Maori and Maori organisations; and
(c)
have expertise and experience in human resource development, education, and training.
(2)
In appointing the directors of Te Putea Whakatupu Trustee Limited, Te Ohu Kai Moana Trustee Limited must consult with the National Urban Maori Authority in order to ensure that the directors have knowledge of, and are able to represent, the interests of Maori who reside in urban areas of New Zealand.
(3)
Subsection (2) does not limit the power of Te Ohu Kai Moana Trustee Limited to consider the views of any other person or organisation that it considers has knowledge that is relevant to the interests of Maori who live in urban areas.
89 Eligibility for office of director
[Repealed]Section 89: repealed, on 26 July 2026, by section 57 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Payments
90 Payments to Te Putea Whakatupu Trustee Limited
(1)
Te Ohu Kai Moana Trustee Limited must pay the settlement asset money to Te Putea Whakatupu Trustee Limited, as provided for by section 137(1)(a), to be held on trust for the purpose of Te Putea Whakatupu Trust.
(2)
Te Ohu Kai Moana Trustee Limited must comply with the obligation under subsection (1) on a date to be determined by Te Ohu Kai Moana Trustee Limited in its discretion, but not later than 31 October 2009.
(3)
Subject to the limit specified in section 137(1)(e)(ii), Te Ohu Kai Moana Trustee Limited must, before the date of payment referred to in subsection (2), fund the activities undertaken by Te Putea Whakatupu Trustee Limited, to a maximum of $1 million in each financial year (including directors’ fees provided for under section 84(1)(a) and administrative costs provided for under section 85(c) and (d)), in accordance with the annual plan of Te Putea Whakatupu Trustee Limited approved by Te Ohu Kai Moana Trustee Limited.
(4)
After the date of the payment referred to in subsection (2), no further amounts are payable by Te Ohu Kai Moana Trustee Limited under subsection (3).
(5)
Te Ohu Kai Moana Trustee Limited may make payments of other money as trust capital to Te Putea Whakatupu Trustee Limited, subject to the conditions specified in section 137(2) (if that provision applies).
(6)
Te Putea Whakatupu Trustee Limited is not entitled to receive allocations of settlement quota or ordinary shares from Te Ohu Kai Moana Trustee Limited.
Section 90(6): amended, on 26 July 2026, by section 58 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Subpart 5—Te Wai Maori Trust and Te Wai Maori Trustee Limited
Establishment
91 Interpretation
In this subpart,—
freshwater fisheries means any fishery in freshwater in New Zealand, excluding any sports fishery or unwanted aquatic life
freshwater fishing means fishing activity in relation to freshwater fisheries
sports fish has the meaning given to it in section 2(1) of the Conservation Act 1987
unwanted aquatic life has the meaning given to it in section 2(1) of the Fisheries Act 1996.
Section 91 freshwater fisheries: amended, on 26 July 2026, by section 59 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
92 Establishment of Te Wai Maori Trust
(1)
Te Ohu Kai Moana Trustee Limited must, not later than 60 working days after the appointed day, establish by trust deed a trust called Te Wai Maori Trust.
(2)
No rule of law or provisions of an Act limiting the duration of a trust, including section 16 of the Trusts Act 2019,—
(a)
prescribe or restrict the period during which Te Wai Maori Trust may exist in law; or
(b)
apply to a document entered into to give effect to the Deed of Settlement (including the trust deed required to be entered into under subsection (1)) if the application of that rule or the provisions of that Act would otherwise make a document, or a right or obligation conferred by that document, invalid or ineffective.
Section 92(2): amended, on 30 January 2021, by section 161 of the Trusts Act 2019 (2019 No 38).
93 Trustee of Te Wai Maori Trust
(1)
Te Wai Maori Trust must have only 1 trustee.
(2)
The trustee of Te Wai Maori Trust must be a company formed under the Companies Act 1993 with the name of Te Wai Maori Trustee Limited.
94 Purpose of Te Wai Maori Trust
The purpose of Te Wai Maori Trust is to hold and manage the trust funds on trust for and on behalf of the beneficiaries under the Deed of Settlement, in order to advance Maori interests in freshwater fisheries, but not in a manner that could adversely affect the charitable status (if any) of the Trust.
95 Functions of Te Wai Maori Trustee Limited
In achieving the purpose of Te Wai Maori Trust, Te Wai Maori Trustee Limited must—
(a)
manage the trust funds; and
(b)
distribute the annual trust income for activities that include—
(i)
undertaking or funding research, development, and education related to Maori interests in freshwater fishing; and
(ii)
promoting the protection and enhancement of freshwater fisheries habitat in lakes, rivers, and other water bodies, particularly those that have traditionally supported iwi and whose shores have been the location of their marae; and
(iii)
promoting the establishment of freshwater fisheries; and
(iv)
using its resources to bring direct or indirect benefit to Maori in respect of their freshwater fishing interests.
Requirements for trust deed
96 Contents of trust deed of Te Wai Maori Trust
(1)
To enable Te Wai Maori Trustee Limited to carry out the purpose of Te Wai Maori Trust, the trust deed must provide—
(a)
that the directors and alternate directors of Te Wai Maori Trustee Limited are entitled to be paid fees and reimbursing allowances or actual and reasonable expenses in accordance with the provisions included in the annual plan of Te Ohu Kai Moana Trustee Limited under section 37(f) and (g); and
(b)
for the powers of investment of the directors of Te Wai Maori Trustee Limited (and any prohibited investments); and
(c)
for the manner in which the trust deed may be varied and any restrictions on the way it may be varied; and
(d)
for the directors to commission an audit of Te Wai Maori Trustee Limited under section 105; and
(e)
for the directors to determine—
(i)
the circumstances when distributions may be made in accordance with section 98; and
(ii)
in relation to any trust income not distributed in a financial year, a policy for capitalising, carrying forward, or creating reserves from that income; and
(f)
for the circumstances when Te Wai Maori Trust may be terminated; and
(g)
on termination of that Trust, for the payment of the trust funds, in the percentages specified in column 3 of Schedule 3,—
(i)
to each mandated iwi organisation that has charitable status; or
(ii)
in the case of a mandated iwi organisation that does not have charitable status, to an entity with charitable status nominated by the mandated iwi organisation, for the benefit of the relevant iwi and its members; or
(iii)
if no mandated iwi organisation exists or no nomination is made under subparagraph (ii), to an entity with charitable status nominated by Te Ohu Kai Moana Trustee Limited to benefit the relevant iwi and its members.
(2)
The trust deed must prohibit Te Wai Maori Trustee Limited from—
(a)
undertaking any business other than what is necessary for the purpose of the Trust; and
(b)
expending or distributing trust capital, except on termination of the trust.
(3)
The trust deed may—
(a)
include any other matter that is not inconsistent with this Act or the constitution of Te Wai Maori Trustee Limited; and
(b)
be amended, subject to—
(i)
the purpose of Te Wai Maori Trust:
(ii)
the manner of its variation and any restrictions specified in the trust deed:
(iii)
the constitution of Te Wai Maori Trustee Limited:
(iv)
this Act.
(4)
A provision of the trust deed or an amendment to it has no effect to the extent that it is inconsistent with this Act.
Section 96(1)(a): amended, on 26 July 2026, by section 60 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
97 Annual plan of Te Wai Maori Trustee Limited
The trust deed of Te Wai Maori Trust must require Te Wai Maori Trustee Limited to prepare, and obtain the approval of Te Ohu Kai Moana Trustee Limited for, an annual plan that includes—
(a)
the distribution policy of Te Wai Maori Trustee Limited; and
(b)
any investment plan of Te Wai Maori Trustee Limited; and
(c)
the budget for Te Wai Maori Trustee Limited; and
(d)
the administrative services available to Te Wai Maori Trustee Limited.
98 Distributions of trust income
(1)
The directors of Te Wai Maori Trustee Limited may make distributions to Maori, mandated iwi organisations, and other Maori organisations for the purpose of Te Wai Maori Trust, subject to any conditions provided for by the trust deed.
(2)
Before making a distribution, the directors must take into account the extent to which—
(a)
a proposal will assist in co-ordinating and consolidating the activities of the recipients with the activities of agencies involved in freshwater fisheries and habitat management; and
(b)
a proposal provides a model that is able to be applied by the groups referred to in subsection (1); and
(c)
the activities proposed to be undertaken with the distribution are being undertaken by other mandated iwi organisations or agencies; and
(d)
the functions of Te Wai Maori Trustee Limited are being undertaken by other agencies.
99 Reporting obligations of Te Wai Maori Trustee Limited
(1)
The trust deed of Te Wai Maori Trust must set out the following reporting, accounting, and auditing obligations of Te Wai Maori Trustee Limited:
(a)
the directors of Te Wai Maori Trustee Limited must report to Te Ohu Kai Moana Trustee Limited within 4 months after the end of each financial year on—
(i)
the performance of Te Wai Maori Trustee Limited, assessed against its approved annual plan; and
(ii)
distributions made by Te Wai Maori Trustee Limited, assessed against the distribution policy; and
(iii)
investments made (if any) and returns on investments (if any); and
(iv)
any matter required by Te Ohu Kai Moana Trustee Limited in order to meet its reporting obligations; and
(b)
the directors of Te Wai Maori Trustee Limited must keep separate accounts for, and report separately on,—
(i)
the distributions made by Te Wai Maori Trustee Limited; and
(ii)
the cost of administering Te Wai Maori Trust; and
(iii)
the cost of administering the distributions; and
(iv)
the fees and reimbursing allowances or actual and reasonable expenses paid to the directors and alternate directors of Te Wai Māori Trustee Limited; and
(v)
contracts for service entered into between the following parties (whether or not those contracts for service are also entered into by any other party, or by any other parties):
(A)
Te Wai Māori Trustee Limited; and
(B)
all or any of, or a person who contracts to provide the services of all or any of, its directors or alternate directors; and
(c)
the directors must ensure that the accounts of Te Wai Maori Trust are audited annually.
(2)
This section does not limit any reporting obligations of Te Wai Maori Trustee Limited arising under any enactment or rule of law.
Section 99(1)(b)(iv): replaced, on 26 July 2026, by section 61 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 99(1)(b)(v): replaced, on 26 July 2026, by section 61 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Requirements for constitution
100 Constitution of Te Wai Maori Trustee Limited
(1)
Te Wai Maori Trustee Limited must have—
(a)
only 1 share that—
(i)
has no distribution rights; and
(ii)
must be held by the board of Te Ohu Kai Moana Trustee Limited; and
(b)
a constitution that is consistent with this Act.
(2)
The constitution must provide—
(a)
that the role of Te Wai Maori Trustee Limited is restricted to acting as the trustee of Te Wai Maori Trust; and
(b)
that Te Wai Maori Trustee Limited must have at least 3, and not more than 5, directors; and
(c)
that Te Ohu Kai Moana Trustee Limited must appoint, in accordance with the criteria specified in section 101, and may remove the directors of Te Wai Maori Trustee Limited; and
(d)
that a director (unless vacating office earlier, for example, under section 156 or 157 of the Companies Act 1993)—
(i)
is appointed for a term not exceeding 3 years; and
(ii)
may be reappointed for any number of further terms; and
(iii)
continues in office after the expiry of the director’s term until the first to occur of the following:
(A)
the end of the next general meeting of Te Ohu Kai Moana Trustee Limited:
(B)
the director receives written advice from Te Ohu Kai Moana Trustee Limited to the effect that the vacancy is not to be filled; and
(da)
a procedure for the appointment of an alternate for a director to attend and vote at meetings on behalf of that director, but only while that director holds office as a director; and
(db)
that fees for a director or alternate director are determined by a resolution approved by a majority of mandated iwi organisations entitled to vote and voting on the question at a general meeting of Te Ohu Kai Moana Trustee Limited (see also sections 36(1)(b)(i), (c), and (e) and 37(f) and (g)); and
(e)
that a director or alternate director of Te Wai Māori Trustee Limited must not, directly or indirectly, enter into, or perform, or both, any contract for services for Te Wai Māori Trustee Limited unless the director or alternate director does so in accordance with sections 139 to 144 (transactions involving self-interest) of the Companies Act 1993; and
(ea)
that a director or alternate director of Te Wai Māori Trustee Limited must also comply with sections 139 to 144 of the Companies Act 1993 for transactions (other than those covered by paragraph (e)) in which the director or alternate director is interested (as defined in section 139 of that Act); and
(f)
a method by which the board of Te Wai Māori Trustee Limited must address conflicts of interest (other than those covered by paragraphs (e) and (ea)) that may arise for its directors and alternate directors; and
(g)
that Te Wai Maori Trustee Limited may regulate its own procedure, so long as it provides that—
(i)
the quorum is a majority of directors for the purpose of transacting any business; and
(ii)
a meeting may be conducted by teleconference or by any means of communication that allows each director to participate effectively in the proceedings; and
(h)
a procedure for amending the constitution; and
(i)
that Te Wai Maori Trustee Limited may be put into voluntary liquidation only if Te Wai Māori Trust is terminated.
(3)
A provision of the constitution of Te Wai Maori Trustee Limited or an amendment to it has no effect to the extent that it is inconsistent with this Act or another enactment or rule of law.
Section 100(2)(b): amended, on 26 July 2026, by section 62(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 100(2)(d): replaced, on 26 July 2026, by section 62(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 100(2)(da): inserted, on 26 July 2026, by section 62(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 100(2)(db): inserted, on 26 July 2026, by section 62(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 100(2)(e): replaced, on 26 July 2026, by section 62(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 100(2)(ea): inserted, on 26 July 2026, by section 62(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 100(2)(f): replaced, on 26 July 2026, by section 62(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 100(2)(g)(i): amended, on 26 July 2026, by section 62(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 100(2)(i): amended, on 26 July 2026, by section 62(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Directors
101 Criteria for appointment of directors
The constitution of Te Wai Maori Trustee Limited must specify that the directors of Te Wai Maori Trustee Limited must all be Maori who, collectively,—
(a)
are well versed in matters of tikanga Maori; and
(b)
are experienced in working with Maori and Maori organisations; and
(c)
are experienced in fisheries management, enhancement, and development; and
(d)
have expertise and experience in matters relevant to freshwater fisheries; and
(e)
have knowledge of the special interest of iwi in freshwater fisheries.
102 Eligibility for office of director
[Repealed]Section 102: repealed, on 26 July 2026, by section 63 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Payments
103 Payments to Te Wai Maori Trustee Limited
(1)
Te Ohu Kai Moana Trustee Limited must pay to Te Wai Maori Trustee Limited the settlement asset money, as provided for by section 137(1)(b), to be held on trust for the purpose of Te Wai Maori Trust.
(2)
Te Ohu Kai Moana Trustee Limited must comply with the obligation under subsection (1) on a date to be determined by Te Ohu Kai Moana Trustee Limited in its discretion, but not later than 31 October 2009.
(3)
After the date of payment referred to in subsection (2), Te Ohu Kai Moana Trustee Limited must pay not less than $1 million per year, until Te Wai Maori Trustee Limited has received in total the sum of $20 million (including the sum referred to in subsection (1)) from Te Ohu Kai Moana Trustee Limited (but excluding the sums referred to in subsection (4)).
(4)
Subject to the limit specified in section 137(1)(e)(iii), Te Ohu Kai Moana Trustee Limited must, before the date of payment referred to in subsection (2), fund the activities undertaken by Te Wai Maori Trustee Limited (including directors’ fees provided for under section 96(1)(a) and administrative costs provided for under section 97(c) and (d)), in accordance with the annual plan of Te Wai Maori Trustee Limited approved by Te Ohu Kai Moana Trustee Limited.
(5)
After the date of payment referred to in subsection (2), no further amounts are payable by Te Ohu Kai Moana Trustee Limited under subsection (4).
(6)
Te Ohu Kai Moana Limited may make payments of other money as trust capital to Te Wai Maori Trustee Limited, subject to the conditions specified in section 137(2) (if that provision applies).
(7)
Te Wai Maori Trustee Limited is not entitled to receive allocations of settlement quota or ordinary shares from Te Ohu Kai Moana Trustee Limited.
Section 103(7): amended, on 26 July 2026, by section 64 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Subpart 6—Audits and reviews
104 Interpretation
In this subpart, unless the context otherwise requires,—
auditor means a person appointed in accordance with section 107
restrictions on the disposal of settlement assets means either or both, as the case may be,—
(a)
restrictions imposed on the disposal of the ordinary shares of Aotearoa Fisheries Limited under subpart 3 of Part 2:
(b)
restrictions on the disposal of settlement quota
restrictions on the disposal of settlement quota means the restrictions imposed under subpart 2 of Part 4
reviewer means a person appointed in accordance with section 121.
Section 104 restrictions on the disposal of settlement assets paragraph (a): amended, on 26 July 2026, by section 65 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Audit of entities
105 Audits
(1)
Not later than 4 years after the commencement of this Act,—
(a)
Te Ohu Kai Moana Trustee Limited must arrange for an audit of Te Ohu Kai Moana Trustee Limited; and
(b)
Aotearoa Fisheries Limited must arrange for an audit of Aotearoa Fisheries Limited and its subcompanies; and
(c)
Te Putea Whakatupu Trustee Limited must arrange for an audit of Te Putea Whakatupu Trustee Limited; and
(d)
Te Wai Maori Trustee Limited must arrange for an audit of Te Wai Maori Trustee Limited.
(2)
The cost of an audit conducted under this section or section 106 must be paid by the entity being audited.
106 Subsequent audits
Each of the entities referred to in section 105, or 2 or more jointly, must arrange for subsequent audits to be conducted not later than 4 years after the preceding audit, unless,—
(a)
in the case of Te Ohu Kai Moana Trustee Limited, Te Putea Whakatupu Trustee Limited, or Te Wai Maori Trustee Limited, at least 75% of the mandated iwi organisations and representative Maori organisations at a general meeting convened by Te Ohu Kai Moana Trustee Limited, vote not to conduct an audit of 1 or more of the relevant entities; or
(b)
in the case of Aotearoa Fisheries Limited, the shareholders of at least 75% of the ordinary shares vote at an annual general meeting of Aotearoa Fisheries Limited, not to conduct an audit.
Section 106(b): amended, on 26 July 2026, by section 66 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
107 Person to conduct audit
(1)
Each of the audits referred to in sections 105 and 106 must be carried out by an independent person—
(a)
appointed by the entity that is to be audited; and
(b)
who is appropriately qualified to conduct the audit.
(2)
A person appointed to conduct an audit is not required to be—
(a)
a chartered accountant within the meaning of section 19 of the New Zealand Institute of Chartered Accountants Act 1996; or
(b)
qualified to undertake financial audits.
(3)
In carrying out an audit, the person appointed must—
(a)
maintain the appropriate degree of impartiality and independence; and
(b)
take all reasonable steps to ensure that his or her judgment is not impaired by any relationship with, or interest in, the entity subject to audit.
(4)
The independence of a person appointed to conduct an audit is not compromised merely because that person has a beneficial interest under this Act.
Section 107(2)(a): amended, on 7 July 2010, by section 10 of the New Zealand Institute of Chartered Accountants Amendment Act 2010 (2010 No 74).
108 General scope of audits
An audit conducted under section 105 or section 106 must consider and report, in relation to the entity being audited, on—
(a)
the objectives established by the board of directors of the entity; and
(b)
the extent to which those objectives are consistent with the effective implementation of the duties and functions of the entity under this Act or any other enactment; and
(c)
the progress made by the board of directors towards achieving the objectives; and
(d)
the policies and strategies established by the board of directors to achieve the objectives and perform the duties and functions of the board and its directors; and
(e)
the effectiveness of the policies and strategies referred to in paragraph (d); and
(f)
the quality and timeliness of the reporting documents prepared to meet the reporting obligations under this Act or another enactment.
109 Audit of Te Ohu Kai Moana Trustee Limited
In the case of an audit of Te Ohu Kai Moana Trustee Limited, the audit must consider and report on—
(a)
the progress that Te Ohu Kai Moana Trustee Limited has made towards allocating and transferring settlement assets; and
(b)
the contribution that Te Ohu Kai Moana Trustee Limited has made towards assisting iwi to meet the requirements for recognition as mandated iwi organisations.
110 Audit of Aotearoa Fisheries Limited
(1)
In the case of Aotearoa Fisheries Limited, an audit must consider and report on—
(a)
the performance of Aotearoa Fisheries Limited in meeting its constitutional requirement to work co-operatively with iwi on commercial matters; and
(b)
the commercial performance of Aotearoa Fisheries Limited in comparison with other participants in the fishing industry, including its net profit after tax as determined in accordance with generally accepted accounting practice, and changes in the value of the company.
(2)
In this section a reference to Aotearoa Fisheries Limited includes its subcompanies.
111 Audits of Te Putea Whakatupu Trustee Limited and Te Wai Maori Trustee Limited
(1)
In the case of Te Putea Whakatupu Trustee Limited, an audit must consider and report on the contribution that Te Putea Whakatupu Trustee Limited has made towards promoting education, training, and research in relation to Maori involvement in fisheries, fishing, and fisheries-related activities.
(2)
In the case of Te Wai Maori Trustee Limited, an audit must consider and report on the contribution that Te Wai Maori Trustee Limited has made in advancing the interests of Maori in freshwater fisheries.
Procedure after completion of audit
112 Procedure for auditor and entity audited
(1)
As soon as practicable after conducting an audit under section 105 or section 106, the auditor must—
(a)
prepare a written audit report that includes—
(i)
the findings made in the audit; and
(ii)
the recommendations of the auditor; and
(b)
distribute the audit report to—
(i)
each entity that is subject to audit; and
(ii)
Te Ohu Kai Moana Trustee Limited, in the case of an audit of Te Pūtea Whakatupu Trustee Limited or Te Wai Māori Trustee Limited; and
(iii)
all mandated iwi organisations, all recognised iwi organisations, all representative Māori organisations, and Te Ohu Kai Moana Trustee Limited, in the case of an audit of Aotearoa Fisheries Limited.
(2)
Not later than 40 working days after receiving an audit report under subsection (1), each entity subject to audit must—
(a)
prepare a plan specifying the actions that it intends to take to address the findings and recommendations of the audit report; and
(b)
provide a copy of that plan to Te Ohu Kai Moana Trustee Limited and, in the case of an audit of Aotearoa Fisheries Limited, also provide a copy of that plan to all mandated iwi organisations, to all recognised iwi organisations, and to all representative Māori organisations.
(3)
After an audit has been completed, an entity subject to audit must include in its next annual report a description of the progress it has made in addressing the matters specified in the plan prepared under subsection (2)(a).
Section 112(1)(b): replaced, on 26 July 2026, by section 67(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 112(2)(b): replaced, on 26 July 2026, by section 67(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
113 Procedure for Te Ohu Kai Moana Trustee Limited
(1)
Not later than 60 working days after receiving an audit report under section 112(1) in respect of an audit of Te Pūtea Whakatupu Trustee Limited or Te Wai Māori Trustee Limited, Te Ohu Kai Moana Trustee Limited must distribute to all mandated iwi organisations, to all recognised iwi organisations, and to all representative Māori organisations—
(a)
the audit report; and
(b)
the plan prepared under section 112(2) by each entity that is subject to audit; and
(c)
any further plan prepared by Te Ohu Kai Moana Trustee Limited to address the findings and recommendations of the audit report.
(2)
At its next general meeting after it has received an audit report under section 112(1) in respect of an audit of Te Pūtea Whakatupu Trustee Limited or Te Wai Māori Trustee Limited, Te Ohu Kai Moana Trustee Limited must provide for consideration of—
(a)
the audit report; and
(b)
the plans referred to in subsection (1)(b) and (c), as relevant; and
(c)
any comments from mandated iwi organisations or recognised iwi organisations or representative Maori organisations on the audit report or any plans.
Section 113(1): amended, on 26 July 2026, by section 68(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 113(1): amended, on 26 July 2026, by section 68(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 113(1)(c): amended, on 26 July 2026, by section 68(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 113(2): amended, on 26 July 2026, by section 68(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 113(2)(c): amended, on 26 July 2026, by section 68(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Requirement for review of entities
Heading: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
114 Independent reviews
(1)
Independent reviews must be conducted, in accordance with this subpart, and to the extent that they are required under this subpart, of—
(a)
the members of the Te Ohu Kai Moana Group (as defined in section 5, and therefore including, without limitation,—
(i)
Te Pūtea Whakatupu Trustee Limited (see section 87(1)(a)(ii)); and
(ii)
Te Wai Māori Trustee Limited (see section 100(1)(a)(ii))); and
(b)
the members of the AFL Group (as so defined).
(2)
In this subpart, principal company means, depending on which of the Groups the entity under review, or potentially under review, is a member of,—
(a)
Te Ohu Kai Moana Trustee Limited; or
(b)
Aotearoa Fisheries Limited.
Section 114: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
115 Initiation of reviews
(1)
The relevant principal company must start and proceed with a review under this subpart of each of the entities referred to in subsection (4) in the period—
(a)
starting 7 years after this section’s commencement; and
(b)
ending 10 years after this section’s commencement.
(1A)
However, a review under this subpart of that entity must be started and proceeded with under subsection (1) unless the shareholders of the relevant principal company determine by a special resolution within those 10 years that the review is not to proceed.
(4)
The entities to which this section applies are—
(a)
Te Ohu Kai Moana Trustee Limited, and every other member (for example, Te Pūtea Whakatupu Trustee Limited, and Te Wai Māori Trustee Limited) of the Te Ohu Kai Moana Group (taken together):
(b)
Aotearoa Fisheries Limited, and every other member of the AFL Group (taken together).
Section 115: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Committee of representatives[Repealed]
Heading: repealed, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
116 Later reviews
(1)
The relevant principal company must before the deadline start and proceed with a review under this subpart of an entity to which this section applies.
(2)
However, the review is not required if the shareholders of the relevant principal company determine by a special resolution before the deadline that the review is not to proceed.
(3)
This section applies to—
(a)
an entity that is the subject of a review under section 115, in which case the deadline is 6 years after the completion of that review:
(b)
an entity that would have been the subject of a review under section 115 but for a special resolution under section 115(1A), in which case the deadline is 1 October 2035:
(c)
an entity that is the subject of a review under this section, in which case the deadline is 6 years after the completion of that review:
(d)
an entity that would have been the subject of a review under this section but for a special resolution under subsection (2), in which case the deadline is 6 years after the deadline for that earlier review under this section that did not proceed.
Section 116: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
117 Joint reviews
If the shareholders of the relevant principal companies each approve at their annual general meetings an appropriate special resolution under this section, a review over a specified period of all or any members of one group must be conducted jointly with a review over the same specified period of all or any members of the other group.
Section 117: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
118 Costs of reviews
(1)
The costs of each review (other than a joint review) must be met by the relevant company or principal company.
(2)
The costs of each joint review must be met in reasonable shares by both relevant principal companies.
Section 118: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
119 Terms of reference
(1)
The principal company must set the terms of reference for the review, which must include—
(a)
the date for the commencement of the review; and
(b)
the date by which the review report must be presented under section 125(1) (which must be not later than 9 months after the commencement date set under paragraph (a)).
(2)
Before finalising the terms of reference for the review, the principal company must, for the purposes of consultation,—
(a)
provide the draft terms of reference to—
(i)
all mandated iwi organisations, recognised iwi organisations, and representative Māori organisations, and the other principal company; and
(ii)
every entity under review; and
(b)
allow 20 working days for written comments to be provided to the principal company.
(3)
The terms of reference must be consistent with the requirements of sections 122 and 124.
Section 119: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
120 Procedure and remuneration of committee of representatives
[Repealed]Section 120: repealed, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Conduct of review
Heading: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
121 Reviewer
(1)
Every review conducted under this subpart must be carried out by an independent person—
(a)
appointed by the principal company or, if there is a joint review, the principal companies; and
(b)
appropriately qualified to conduct the review.
(2)
In carrying out a review, the reviewer must—
(a)
maintain the appropriate degree of impartiality and independence; and
(b)
take all reasonable steps to ensure that the reviewer’s judgment is not impaired by any relationship with, or interest in, the entity under review.
(3)
The independence of a reviewer is not compromised merely because that person has a beneficial interest under this Act.
Section 121: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
122 Scope of review
(1)
Every review conducted under section 115 must consider and report on—
(a)
the effect on the entity under review of the governance arrangements provided for by or under this Act as those arrangements relate to—
(i)
the performance of that entity in achieving its duties and functions; and
(ii)
the ability of that entity to deliver benefits to the beneficiaries of the entity; and
(iii)
the ability of that entity to contribute to achieving the purposes of this Act and the purpose of Te Ohu Kai Moana; and
(b)
the effect of the restrictions on the disposal of settlement assets as they relate to the ability of—
(i)
mandated iwi organisations (and their asset-holding companies and subsidiaries of the asset-holding companies) to deliver benefits to the members of their iwi; and
(ii)
Aotearoa Fisheries Limited to deliver benefits to its shareholders; and
(c)
whether, without creating an inconsistency with the purposes of this Act or with the purpose of Te Ohu Kai Moana, the interests of the beneficiaries of the Deed of Settlement would be better served by changes to one or both of the following:
(i)
the governance arrangements of an entity:
(ii)
the restrictions on the disposal of settlement assets; and
(d)
the desirability or otherwise of winding up all or any of Te Ohu Kai Moana Trustee Limited, Te Pūtea Whakatupu Trustee Limited, Te Wai Māori Trustee Limited and their related trusts, or Aotearoa Fisheries Limited.
(1A)
Every review conducted under section 116 must consider and report on all of the matters specified in subsection (1) unless any of those matters are specified in a special resolution approved in respect of that review by shareholders of the relevant principal company as matters that are not to be included in the review.
(2)
In this section,—
beneficiary of an entity means—
(a)
in the case of Te Ohu Kai Moana Trustee Limited, the beneficiaries of the Deed of Settlement; and
(b)
in the case of Aotearoa Fisheries Limited, its shareholders; and
(c)
in the case of Te Pūtea Whakatupu Trustee Limited and Te Wai Māori Trustee Limited, those individuals and groups entitled to apply for distributions provided for under the distribution policy of the relevant trust deed
governance arrangements include—
(a)
the procedures and criteria to appoint or remove the directors of Te Ohu Kai Moana Trustee Limited, Aotearoa Fisheries Limited, Te Pūtea Whakatupu Trustee Limited, and Te Wai Māori Trustee Limited; and
(b)
the ownership structure of each entity, including the shareholding structure of Aotearoa Fisheries Limited; and
(c)
the procedural requirements that enable the beneficiaries of an entity to hold directors accountable for performing their directors’ duties; and
(d)
the provisions required by this Act for the constitution and the trust deed (if any) of an entity.
Section 122: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
123 Further relevant considerations
[Repealed]Section 123: repealed, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
124 Limits to recommendations that may be made
(1)
A reviewer must not recommend a change to the requirement in the trust deeds of Te Ohu Kai Moana, Te Pūtea Whakatupu Trust, or Te Wai Māori Trust that, upon termination, the trust assets or funds be distributed to iwi in the percentages specified in column 3 of Schedule 3.
(2)
If, in conducting a review under section 115 or 116, a reviewer finds that the interests of the beneficiaries of the Deed of Settlement would be better served by changes to section 161(1) or 168 or both (which impose restrictions on disposal of settlement quota),—
(a)
the reviewer must—
(i)
include the finding in the review report; but
(ii)
not recommend that the restrictions be changed; and
(b)
a later review must be carried out, at a time determined by Te Ohu Kai Moana Trustee Limited, but not later than 5 years after the completion of the review that made those findings.
(3)
If, in conducting a review of Te Pūtea Whakatupu Trustee Limited or Te Wai Māori Trustee Limited under section 115 or 116, a reviewer finds that the entity continues to fulfil its purpose under this Act, the reviewer must not recommend that the relevant trust be wound up.
(4)
If a reviewer makes findings of the kind referred to in subsection (2) or (3), mandated iwi organisations and recognised iwi organisations must not amend a recommendation to achieve a change to the restriction.
Section 124: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Procedure after completion of review
Heading: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
125 Report on review
(1)
As soon as practicable after conducting a review under section 115 or 116 or 124(2)(b), a reviewer must—
(a)
prepare a written report that includes—
(i)
the findings made in the review; and
(ii)
the recommendations of the reviewer; and
(b)
present the review report to—
(i)
the relevant company or principal company or, if there is a joint review, the principal companies; and
(ii)
each entity under review.
(2)
As soon as practicable after receiving the review report, the principal company must distribute the report to—
(a)
the other principal company (unless it is a report on a joint review, and so already presented under subsection (1)(b)(i)); and
(b)
all mandated iwi organisations, recognised iwi organisations, and representative Māori organisations.
Section 125: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
126 Consideration of review report by entity under review
(1)
Not later than 40 working days after receiving a review report under section 125(1), the entity under review may prepare a plan specifying any actions that that entity intends to take to address the findings and recommendations of the reviewer.
(2)
A plan prepared under subsection (1) must be distributed to—
(a)
both principal companies; and
(b)
all mandated iwi organisations, recognised iwi organisations, and representative Māori organisations.
Section 126: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
127 Consideration of review report
General meeting
(1)
At a general meeting of the relevant principal company convened not later than 60 working days after the distribution of a review report under section 125(2) in respect of any entity in the relevant group, that principal company must make provision on the agenda for consideration of—
(a)
the review report; and
(b)
any plan prepared under section 126(1) by the entity under review; and
(c)
any comments from mandated iwi organisations, recognised iwi organisations, representative Māori organisations or the other principal company on the review report or on any plan.
Te Ohu Kai Moana Trustee Limited
(2)
If the general meeting referred to in subsection (1) is a meeting of Te Ohu Kai Moana Trustee Limited, mandated iwi organisations and recognised iwi organisations may resolve to—
(a)
adopt all or some of the recommendations set out in the review report; or
(b)
adopt all or part of any plan prepared under section 126(1); or
(c)
without creating an inconsistency with the purposes of this Act or the purpose of Te Ohu Kai Moana, amend, and adopt as amended, any of those recommendations.
(3)
Subsections (3A) and (3B) apply if 75% or more of the mandated iwi organisations, representing over 50% of the total notional iwi population, approve a resolution made under subsection (2) in respect of any entity in the Te Ohu Kai Moana Group (see also subsection (5) on resolutions under subsection (2) that affect Aotearoa Fisheries Limited).
(3A)
If this subsection applies in accordance with subsection (3), the entity under review must—
(a)
within a reasonable time seek to implement the resolutions (for example, by seeking shareholder support for a resolution amending the constitution of the entity) to the extent that they are not inconsistent with this Act or any other legislation or rule of law; and
(b)
include in its next annual plan a description of any action required as a result of the resolutions implemented under paragraph (a).
(3B)
If this subsection applies in accordance with subsection (3), and if amendments to the Act are required, Te Ohu Kai Moana Trustee Limited must ask the Minister to promote the necessary amendments.
(3C)
The Crown must take all reasonable steps within the Crown’s authority to introduce to the House of Representatives, within 3 years after Te Ohu Kai Moana Trustee Limited asks the Minister to promote the necessary amendments, a Bill whose purpose is, or includes, to promote the necessary amendments.
Aotearoa Fisheries Limited
(4)
Subsection (4A) applies if—
(a)
the general meeting referred to in subsection (1) is a general meeting of Aotearoa Fisheries Limited; and
(b)
a resolution in respect of all or any of the matters considered under subsection (1) is approved by 75% or more of the shareholders of Aotearoa Fisheries Limited representing 50% or more of the total notional iwi population.
(4A)
If this subsection applies in accordance with subsection (4), Aotearoa Fisheries Limited must implement the resolution unless it is inconsistent with this Act, or any other legislation or rule of law.
(5)
Subsection (5A) applies if a resolution under subsection (2) affects Aotearoa Fisheries Limited, whether by requiring amendments to its constitution, or changes to its operation or governance or otherwise.
(5A)
If this subsection applies in accordance with subsection (5), Aotearoa Fisheries Limited must put the matter before its next general meeting, and implement the matter if it is—
(a)
not inconsistent with this Act, or any other legislation or rule of law; and
(b)
approved by a resolution supported by 75% or more of the shareholders of Aotearoa Fisheries Limited representing 50% or more of the total notional iwi population.
(6)
If a resolution of Aotearoa Fisheries Limited referred to in subsection (4) or (5) is approved as required by subsection (4)(b) or (5A)(b) but cannot be implemented because it is inconsistent with this Act, Aotearoa Fisheries Limited must notify Te Ohu Kai Moana Trustee Limited, and Te Ohu Kai Moana Trustee Limited must ask the Minister to promote the necessary amendments.
(7)
The Crown must take all reasonable steps within the Crown’s authority to introduce to the House of Representatives, within 3 years after Te Ohu Kai Moana Trustee Limited asks the Minister to promote the necessary amendments, a Bill whose purpose is, or includes, to promote the necessary amendments.
Section 127: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
127A Other reviews not precluded
(1)
Nothing in this subpart limits—
(a)
section 109 (management review by shareholders) of the Companies Act 1993; or
(b)
the ability of the directors or shareholders of any member of the Te Ohu Kai Moana Group or the AFL Group, or of Te Pūtea Whakatupu Trustee Limited or Te Wai Māori Trustee Limited, to initiate a review of the structure, operations, or governance of any entity at any time.
(2)
A review mentioned in subsection (1)(b) need not be conducted in accordance with this subpart.
Section 127A: inserted, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Requirement to provide information
Heading: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
128 Information requested by auditor or reviewer
Information requested by or on behalf of the auditor in relation to an audit conducted under section 105 or 106, or by or on behalf of the reviewer in relation to a review conducted under section 115 or 116, must be provided promptly by the person or entity that—
(a)
has or controls the information; or
(b)
is contractually entitled to the information; or
(c)
can obtain the information by reasonable effort.
Section 128: replaced, on 26 July 2026, by section 69 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Part 3 Allocation and transfer of settlement assets
129 Outline of this Part
(1)
The provisions of this Part govern the allocation and transfer of settlement assets (including settlement money, any surplus funds, and any New Zealand units allocated to Te Ohu Kai Moana Trustee Limited under the fishing allocation plan issued under the Climate Change Response Act 2002) and set out the bases for allocation of—
(a)
inshore quota; and
(b)
deepwater quota; and
(c)
harbour quota; and
(d)
freshwater quota; and
(e)
settlement quota within Specified Fisheries Management Areas; and
(f)
Chatham Island allocations; and
(g)
specified cash allocations.
(2)
It also makes provision for—
(a)
the transfer of settlement assets; and
(b)
the sale of annual catch entitlement; and
(c)
requirements relating to assets held in trust; and
(d)
the status of settlement assets under the Inland Revenue Acts.
Section 129(1): amended, on 8 December 2009, by section 87(3) of the Climate Change Response (Moderated Emissions Trading) Amendment Act 2009 (2009 No 57).
Subpart 1—Allocation and transfer of settlement assets
Duty
130 Duty to allocate and transfer settlement assets
(1)
As soon as is reasonably practicable after Te Ohu Kai Moana Trustee Limited is satisfied that an iwi has met the criteria specified in subsection (3), it must—
(a)
allocate settlement assets to that iwi in accordance with this Part; and
(b)
transfer the allocated cash assets to the mandated iwi organisation of the iwi; and
(c)
transfer the settlement quota and ordinary shares to 1 or more of the asset-holding companies of the mandated iwi organisation, so long as the asset-holding companies comply with section 17(1).
(2)
A transfer of settlement quota under subsection (1) is subject to section 151.
(3)
An iwi must meet the following criteria before settlement assets may be transferred to it:
(a)
Te Ohu Kai Moana Trustee Limited has recognised a mandated iwi organisation for the iwi under section 13(1); and
(b)
the mandated iwi organisation holds, for all relevant quota management stocks, registered coastline entitlements as provided for by section 11, including separate entitlements for any relevant harbour quota.
Section 130(1)(c): amended, on 26 July 2026, by section 70 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Further circumstance when Te Ohu Kai Moana Trustee Limited must allocate and transfer settlement assets
131 Interpretation
In sections 132 to 134,—
affected iwi has the meaning it is given in clause 2 of Schedule 6
named iwi means an iwi identified in a request made under section 132(2).
132 Application of sections 133 and 134
(1)
Sections 133 and 134 apply if an iwi—
(a)
has a mandated iwi organisation recognised by Te Ohu Kai Moana Trustee Limited; but
(b)
cannot finalise all its coastline claims under clause 3 of Schedule 6 solely because 1 or more named iwi do not have a mandated iwi organisation.
(2)
A mandated iwi organisation may, by written notice,—
(a)
request Te Ohu Kai Moana Trustee Limited to exercise its powers under section 133; and
(b)
identify any affected iwi that does not have a mandated iwi organisation.
(3)
Before making a request under subsection (2), a mandated iwi organisation must, in relation to any affected iwi that has a mandated iwi organisation,—
(a)
(b)
request Te Ohu Kai Moana Trustee Limited to register the agreements under clause 8 of Schedule 6.
(4)
A request made under subsection (2) must be accompanied by coastline claims for all quota management stocks and harbour quota relevant to the iwi of the mandated iwi organisation making the request, except to the extent that any coastline entitlements have already been determined for that iwi.
133 Procedure if request made under section 132(2)
(1)
When Te Ohu Kai Moana Trustee Limited receives a request from a mandated iwi organisation under section 132(2), it must, in accordance with the process set out in clause 10 of Schedule 6, complete the verification of the data and agreements for the coastline claims as they relate to affected iwi (other than the named iwi).
(2)
If Te Ohu Kai Moana Trustee Limited is satisfied that the mandated iwi organisation is unable to finalise its coastline claims solely because 1 or more of the named iwi do not have a mandated iwi organisation, Te Ohu Kai Moana Trustee Limited must—
(a)
give written notice to the recognised iwi organisation of each relevant named iwi—
(i)
that coastline claims have been made by the mandated iwi organisation; and
(ii)
of the details of the coastline claims that affect the named iwi; and
(iii)
that the provisions of section 134 may be invoked for the benefit of the mandated iwi organisation that made the request under section 132(2) on the specified date (which must be 3 years after the date of the notice), if any of the named iwi do not have a mandated iwi organisation on or before that date; and
(b)
record in the iwi register—
(i)
its determination that the finalisation of coastline claims of that mandated iwi organisation is delayed; and
(ii)
the identity of the relevant named iwi; and
(iii)
a copy of any notice given under paragraph (a).
134 Allocation and transfer after request under section 132(2)
(1)
If, before the date specified in the notice issued to a named iwi under section 133(2)(a)(iii), Te Ohu Kai Moana Trustee Limited recognises a mandated iwi organisation for that iwi, the mandated iwi organisation that made the request under section 132(2) must—
(b)
request Te Ohu Kai Moana Trustee Limited to register those agreements under clause 8 of Schedule 6.
(2)
If, after the date specified in the notice issued to a named iwi under section 133(2)(a)(iii), any agreements required under subsection (1) have been completed, but 1 or more named iwi do not have a mandated iwi organisation, Te Ohu Kai Moana Trustee Limited must proceed to determine coastline entitlements for the mandated iwi organisation that made the request under section 132(2).
(3)
Coastline entitlements determined under subsection (2) must be made in accordance with—
(a)
section 11 and Schedule 6; and
(b)
the coastline claims made by the mandated iwi organisation, as supported or modified by any agreements registered under clause 8 of Schedule 6.
(4)
To avoid doubt, the specified points in the coastline claims that would otherwise require the agreement of the named iwi that does not have a mandated iwi organisation must be treated as if they were subject to such an agreement.
Discretionary power
135 Discretion to allocate and transfer
(1)
If a mandated iwi organisation does not, 2 years or more after the date when it, or the iwi’s first mandated iwi organisation (for a mandated iwi organisation that replaced another organisation under section 18E(2)), was recognised by Te Ohu Kai Moana Trustee Limited, hold the registered coastline entitlements required by section 130(3)(b), Te Ohu Kai Moana Trustee Limited may allocate and transfer, in accordance with sections 130(1) and 151, any or all of the following settlement assets to that mandated iwi organisation:
(a)
non-quota settlement assets:
(b)
settlement quota for which the mandated iwi organisation holds a registered coastline entitlement:
(c)
settlement quota for which the mandated iwi organisation does not hold a registered coastline entitlement.
(2)
However, if a transfer is made under subsection (1)(c),—
(a)
settlement quota that is to be allocated on the basis of coastline may only be transferred in proportion to the length of coastline of the relevant iwi that Te Ohu Kai Moana Trustee Limited is satisfied is unlikely to be disputed; and
(b)
in the case of deepwater quota for which a registered coastline entitlement is required, settlement quota that is to be allocated on the basis of population must not be transferred unless a transfer of that quota management stock is made under subsection (2)(a).
(3)
Assets transferred under subsection (1)(a) or (b) must have been allocated to the iwi in accordance with sections 137 and 139 to 141.
Section 135(1): amended, on 16 September 2011, by section 6 of the Maori Fisheries Amendment Act 2011 (2011 No 74).
136 Limitations applying if mandated iwi organisation receives settlement quota under section 135
(1)
If settlement quota is transferred to a mandated iwi organisation under section 135(1)(c), the mandated iwi organisation, or a new organisation recognised in place of that organisation under section 18E(2), must—
(a)
not sell, exchange, or otherwise transfer that quota until it holds registered coastline entitlements for the relevant quota management stock; and
(b)
where another mandated iwi organisation becomes entitled to any amount of that quota as a result of holding a registered coastline entitlement, transfer the relevant amount of that quota to that mandated iwi organisation without consideration or compensation before the start of the next fishing year.
(2)
This section applies in addition to, and does not limit, the provisions of Part 4.
Section 136(1): amended, on 16 September 2011, by section 7 of the Maori Fisheries Amendment Act 2011 (2011 No 74).
Settlement asset money
137 Transfer of money
[Repealed]Section 137: repealed, on 26 July 2026, by section 71 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
138 Allocation of surplus funds
[Repealed]Section 138: repealed, on 26 July 2026, by section 71 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
138A Allocation and transfer of New Zealand units
(1)
In this section—
New Zealand units means New Zealand units allocated to Te Ohu Kai Moana Trustee Limited under the fishing allocation plan issued under the Climate Change Response Act 2002
unallocated quota means quota held by Te Ohu Kai Moana Trustee Limited on 24 September 2009 and that had not been allocated pursuant to section 130(1), 135, or 151 of this Act at that date.
(2)
When Te Ohu Kai Moana Trustee Limited allocates and transfers unallocated quota to an iwi or a mandated iwi organisation in accordance with section 130(1), 135, or 151 of this Act, Te Ohu Kai Moana Trustee Limited must, at the same time, allocate and transfer New Zealand units associated with that quota to that iwi or mandated iwi organisation in accordance with those provisions.
(3)
Te Ohu Kai Moana Trustee Limited must notify the Minister responsible for the administration of the Climate Change Response Act 2002 of the details of any allocation and transfer of unallocated quota and New Zealand units associated with that quota under subsection (2) no later than 10 working days after the date on which the unallocated quota and associated New Zealand units are allocated and transferred.
Section 138A: inserted, on 8 December 2009, by section 87(4) of the Climate Change Response (Moderated Emissions Trading) Amendment Act 2009 (2009 No 57).
Income shares[Repealed]
Heading: repealed, on 26 July 2026, by section 72 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
139 Allocation of income shares
[Repealed]Section 139: repealed, on 26 July 2026, by section 72 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Subpart 2—Bases for allocation of settlement quota
Inshore quota
140 Allocation of inshore quota
(1)
When allocating inshore quota, Te Ohu Kai Moana Trustee Limited must, after setting aside any harbour quota, allocate to each iwi the same proportion of the settlement quota for each quota management stock that the iwi coastline bears to the total coastline of the quota management area for that stock, as determined in accordance with section 11 and Schedule 6.
(2)
This section applies unless, in the circumstances, sections 142 to 146 are relevant.
Deepwater quota
141 Allocation of deepwater quota
When allocating deepwater quota to iwi, Te Ohu Kai Moana Trustee Limited must—
(a)
divide the total settlement quota for each quota management stock into 2 parcels, comprising 25% and 75% of the total amount respectively; and
(b)
allocate to each iwi an amount from the 25% parcel on the same basis as the allocation of inshore quota; and
(c)
allocate the 75% parcel to each iwi in accordance with the percentages specified in column 3 of Schedule 3.
Chatham zone
142 Chatham Island allocations
(1)
In this section,—
Chatham iwi means the Moriori iwi and the Ngati Mutunga (Chathams) iwi
Chatham zone—
(a)
means the area within 200 nautical miles of the baseline of the territorial sea around the Chatham Islands, as determined under the Territorial Sea, Contiguous Zone, and Exclusive Economic Zone Act 1977; and
(b)
includes a single and contiguous shared zone that lies—
(i)
within the area described in paragraph (a); and
(ii)
within the area that would be within 200 nautical miles of the baseline of the territorial sea around New Zealand if the Chatham Islands were not part of New Zealand; and
(iii)
between 2 points at which the boundaries of the areas described in subparagraphs (i) and (ii) intersect, at approximately 40°20.7′S 177°58.2′W and 44°06.5′S 178°21.2′E.
(2)
If a quota management area is partly within the Chatham zone, the settlement quota for that quota management stock must be divided for the purpose of allocation into 2 portions in accordance with subsection (3), with—
(a)
1 portion being attributed to the Chatham zone; and
(b)
the other portion being attributed to the remaining part of the quota management area to be allocated under section 140 or section 141 or section 144, as if it were an allocation for a complete quota management area.
(3)
If settlement quota for a stock is to be divided under subsection (2), the portion of the quota for the stock attributable to the Chatham zone is given by—
(a ÷ b) × c
where
a = ac − (as ÷ 2)
and
- ac
means the amount of stock taken in the Chatham zone
- as
means the amount of stock taken from the shared zone
- ac and as
are derived from—
(i)
in the case of stocks introduced into the quota management system before 1 October 1999, the total of all commercial catches for the stock for the fishing years commencing on 1 October 1990 and ending on 30 September 2001 (inclusive):
(ii)
in the case of stocks introduced into the quota management system after 1 October 1999, the total of all commercial catches of the stock for the most recent 5 fishing years of available data
- b
means the total of all commercial catches for the stock for the relevant period described in subparagraphs (i) and (ii)
- c
means the amount of settlement quota for the stock.
(4)
If a quota management area is wholly within the Chatham zone, all the settlement quota for that stock is attributed to the Chatham zone.
(5)
When allocating settlement quota attributed to the Chatham zone, Te Ohu Kai Moana Trustee Limited must allocate that quota as follows:
(a)
for inshore quota, Te Ohu Kai Moana Trustee Limited must allocate, to each Chatham iwi, the proportion of the settlement quota for each stock, as established in a registered coastline entitlement, either—
(i)
as agreed between the mandated iwi organisations of the Chatham iwi; or
(ii)
in the proportion that the iwi coastline bears to the total coastline of the Chatham Islands for that stock as determined in accordance with section 11 and Schedule 6; and
(b)
for deepwater quota, Te Ohu Kai Moana Trustee Limited must—
(i)
divide the total settlement quota attributed to the Chatham zone for each stock into 2 equal parcels; and
(ii)
allocate to each Chatham iwi an amount from one parcel on the same basis as inshore quota is allocated under paragraph (a); and
(iii)
allocate to each iwi the percentage of the other parcel specified in column 3 of Schedule 3.
Harbour quota
143 Allocation of quota within harbours
(1)
Te Ohu Kai Moana Trustee Limited must allocate harbour quota to iwi whose territory abuts a harbour specified in Part 1 of Schedule 2.
(2)
If more than 1 iwi has its territory abutting a harbour specified in Part 1 of Schedule 2, the mandated iwi organisations of those iwi must take all reasonable steps—
(a)
to consult with each other; and
(b)
to agree on the proportion of the harbour quota for each relevant stock that must be—
(i)
attributed to each iwi; and
(ii)
used subsequently by the mandated iwi organisation of each iwi in submitting coastline claims for that harbour quota.
(3)
If, after negotiating in good faith, mandated iwi organisations are unable to reach agreement under subsection (2)(b), they may enter into the dispute resolution process provided for in Part 5.
(4)
Harbour quota must be deducted from the total settlement quota for each relevant stock before the general allocation of that stock is made under section 140.
(5)
The classification of settlement quota as harbour quota under section 7 for each quota management stock lapses when all that quota has been allocated.
Allocations in specified Fishery Management Areas
144 Allocation of settlement quota in quota management areas same as Fishery Management Area 4
(1)
This section applies if a quota management area for a quota management stock is exactly the same as Fishery Management Area 4.
(2)
When allocating settlement quota for a stock referred to in subsection (1), Te Ohu Kai Moana Trustee Limited must allocate to each iwi that portion of the quota not attributed to the Chatham zone, in accordance with the percentages specified in column 3 of Schedule 3.
145 Allocation of settlement quota in quota management areas same as Fishery Management Area 6
(1)
This section applies if a quota management area for a quota management stock is exactly the same as Fishery Management Area 6.
(2)
When allocating settlement quota for a stock referred to in subsection (1), Te Ohu Kai Moana Trustee Limited must allocate that quota to each iwi in accordance with the percentages specified in column 3 of Schedule 3.
146 Allocation of settlement quota in quota management areas same as Fishery Management Area 10
(1)
This section applies if a quota management area for a quota management stock is exactly the same as Fishery Management Area 10.
(2)
Te Ohu Kai Moana Trustee Limited must not allocate the settlement quota described in Part 3 of Schedule 1 unless it is satisfied that there is a commercially viable total allowable commercial catch for the relevant quota management stock.
(3)
When allocating settlement quota under subsection (2), Te Ohu Kai Moana Trustee Limited must allocate that quota to each iwi in accordance with the percentages specified in column 3 of Schedule 3.
Highly migratory species
147 Allocation of settlement quota for highly migratory species
(1)
This section applies if a quota management stock is for a species listed in Schedule 4B of the Fisheries Act 1996.
(2)
When allocating settlement quota for a stock to which this section applies, Te Ohu Kai Moana Trustee Limited must allocate that quota to each iwi in accordance with the percentages specified in column 3 of Schedule 3.
Adjustments to number of quota shares available for distribution
Heading: inserted, on 13 December 2006, by section 5 of the Maori Fisheries Amendment Act 2006 (2006 No 78).
147A Recalculation of allocations of deepwater stock
(1)
Subsection (2) applies if—
(a)
the number of shares for a stock available for distribution is reduced by the application of section 23(1) of the Fisheries Act 1996 as a result of accrued interests arising under section 28N of the Fisheries Act 1983; and
(b)
deepwater stock has been allocated to an iwi under section 141 or 142; but
(c)
the quota shares have not been transferred to the iwi.
(2)
Te Ohu Kai Moana Trustee Limited must recalculate the number of quota shares allocated to an iwi, and amend the register accordingly.
Section 147A: inserted, on 13 December 2006, by section 5 of the Maori Fisheries Amendment Act 2006 (2006 No 78).
147B Allocation of reduced number of quota shares
The number of quota shares listed in the third column of Schedule 1 for a quota management stock is reduced in the same proportion as the number of settlement quota shares for that stock is reduced if section 23(1) of the Fisheries Act 1996 applies as a result of accrued interests arising under section 28N of the Fisheries Act 1983.
Section 147B: inserted, on 13 December 2006, by section 5 of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Freshwater quota
148 Allocation of freshwater quota
(1)
When allocating freshwater quota, Te Ohu Kai Moana Trustee Limited must allocate that quota to each iwi whose territory falls wholly or partly within the quota management area for each quota management stock.
(2)
If more than 1 iwi has its territory within a quota management area, an allocation of freshwater quota under subsection (1) may be made by Te Ohu Kai Moana Trustee Limited only—
(a)
in accordance with an agreement entered into by the mandated iwi organisations of all the iwi whose territory is wholly or partly within the quota management area, that sets out how the settlement quota for the quota management area is to be divided among those iwi; or
(b)
if there is no agreement between the mandated iwi organisations of the iwi whose territory is wholly or partly within the quota management area, as identified under subsection (1), in the proportion that the population of each iwi living within the quota management area bears to the combined population of those iwi living within the quota management area.
(3)
For the purpose of subsection (2)(b), the population of an iwi living within a quota management area must be determined from the 2001 census.
Alteration of quota management areas under Fisheries Act 1996
Heading: inserted, on 13 December 2006, by section 6 of the Maori Fisheries Amendment Act 2006 (2006 No 78).
148A Consequence of altering quota management area
(1)
This section applies to Te Ohu Kai Moana Trustee Limited if—
(a)
a quota management area is altered under section 25 of the Fisheries Act 1996; and
(b)
settlement quota for that area has not been fully allocated under this Act.
(2)
Te Ohu Kai Moana Trustee Limited must—
(a)
first calculate all entitlements to settlement quota for the relevant stock as if the quota management area had not been altered under section 25 of the Fisheries Act 1996; and
(b)
then convert the amount of the quota shares for the stock to the shares relevant to the altered quota management area, applying the method set out in either—
(i)
the quota owner agreement entered into under section 25A of the Fisheries Act 1996 for that stock; or
(ii)
the plan approved by the Minister under section 25B of the Fisheries Act 1996 for that stock.
Section 148A: inserted, on 13 December 2006, by section 6 of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Cash allocations
149 Additional cash in lieu of shortfall in settlement quota
(1)
This section applies if there are fewer than 10 000 000 shares for a quota management stock listed in Part 1 of Schedule 1, but only if the value of these shares is greater than $100.
(2)
When transferring settlement quota for stocks referred to in subsection (1), Te Ohu Kai Moana Trustee Limited must, at the time of transfer, pay to any mandated iwi organisations of iwi that receive an allocation of that quota the amount in cash specified for that stock in column 4 of Part 1 of Schedule 1 in the same proportion that the quota is distributed.
150 Specific cash transfers to certain iwi
(1)
Te Ohu Kai Moana Trustee Limited must pay the stated sum of money to the mandated iwi organisation of each of the following iwi at the time when the iwi is entitled to have settlement assets transferred to it under section 130:
(a)
Te Atiawa ki Whakarongotai, the sum of $398,039:
(b)
Ngai Takoto, the sum of $556,184:
(c)
Ngati Whare, the sum of $585,234:
(d)
Ngati Maru, the sum of $463,348:
(e)
Ngati Hauiti, the sum of $385,247:
(f)
Ngati Pukenga, the sum of $264,544:
(g)
Ngati Manawa, the sum of $72,841.
(2)
The payments under subsection (1) are in addition to any other entitlements of the iwi under this Act.
Subpart 3—Transfer of settlement assets
151 Transfer of allocated settlement quota
(1)
Te Ohu Kai Moana Trustee Limited must transfer settlement quota allocated under section 130 in accordance with this section.
(2)
If the mandated iwi organisation of an iwi to which settlement quota has been allocated wishes and is eligible to receive ownership of that quota,—
(a)
it must, not later than 6 months before the start of the next fishing year applicable to that quota management stock (or a lesser period that Te Ohu Kai Moana Trustee Limited agrees is practicable in the circumstances), make written request to Te Ohu Kai Moana Trustee Limited to transfer some or all of that allocated settlement quota; and
(b)
Te Ohu Kai Moana Trustee Limited must transfer the quota requested by the mandated iwi organisation to an asset-holding company of that mandated iwi organisation before the start of the next fishing year that applies to each stock.
(3)
In relation to settlement quota allocated to an iwi under section 130 but not transferred by Te Ohu Kai Moana Trustee Limited, the mandated iwi organisation must, not later than the end of the year which is 4 years after the commencement of this Act, notify Te Ohu Kai Moana Trustee Limited as to whether the members of that iwi wish the allocated settlement quota—
(a)
to continue to be managed by Te Ohu Kai Moana Trustee Limited on behalf of the iwi; or
(b)
to be transferred to an asset-holding company of the mandated iwi organisation.
(c)
[Repealed]Section 151(3)(b): replaced, on 26 July 2026, by section 73 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 151(3)(c): repealed, on 26 July 2026, by section 73 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
152 Offer of annual catch entitlement
(1)
Te Ohu Kai Moana Trustee Limited must, unless 1 or more of the conditions in subsection (3) apply, offer the annual catch entitlement derived from settlement quota that has not been transferred under section 130 or section 135—
(a)
to mandated iwi organisations; and
(b)
in a manner that reflects as closely as possible, based on the available information, the bases for allocation of settlement quota to iwi under subpart 2, including, in relation to settlement quota allocated on the basis of coastline entitlement, agreements between groups of mandated iwi organisations on the division of annual catch entitlements to be offered to them.
(2)
Te Ohu Kai Moana Trustee Limited may, as it sees fit,—
(a)
offer to sell the annual catch entitlement that would otherwise be offered to a mandated iwi organisation under subsection (1) to Aotearoa Fisheries Limited or its nominated subcompany at commercial rates; or
(b)
sell that annual catch entitlement on the open market; or
(c)
in the circumstances referred to in subsection (3)(c), determine the amount of annual catch entitlement to be offered to each affected mandated iwi organisation.
(3)
Subsection (2) applies only if—
(a)
there is no mandated iwi organisation or recognised iwi organisation for an iwi; or
(b)
Te Ohu Kai Moana Trustee Limited considers that the recognised iwi organisation has not demonstrated reasonable progress in meeting the criteria set out in section 14; or
(c)
in the case of a particular group of iwi,—
(i)
there is sufficient information to satisfy subsection (1)(b) for the group as a whole, but not for 1 or more individual iwi of that group; and
(ii)
the mandated iwi organisations of the group as a whole are unable to agree on a division of the annual catch entitlement to be offered to them.
(4)
Te Ohu Kai Moana Trustee Limited must hold in trust the net proceeds of a sale under subsection (2)(a) or (b) (after deducting its reasonable costs and expenses) to be transferred to the relevant mandated iwi organisation when it is established or when the matters referred to in subsection (3)(b) or (c) are remedied or settled.
(5)
Te Ohu Kai Moana Trustee Limited may prescribe the terms and conditions for offering annual catch entitlement under subsection (1) or subsection (2)(c)—
(a)
by describing in its draft annual plan distributed in accordance with section 36(1)(c), or in a panui distributed to all mandated iwi organisations and recognised iwi organisations,—
(i)
the proposed terms and conditions for offering annual catch entitlements; and
(ii)
the reason for the charges (if any) to be levied for annual catch entitlements against mandated iwi organisations; and
(iii)
how Te Ohu Kai Moana Trustee Limited proposes to use the expected net revenue (if any) from these charges; and
(b)
after taking into account the response of mandated iwi organisations and recognised iwi organisations.
Subpart 4—Miscellaneous
Assets held in trust
153 When settlement assets and surplus funds (other than surplus levy funding) must be held in trust
Settlement assets
(1)
Unless Te Ohu Kai Moana Trustee Limited exercises its discretion under section 135(1), it must hold in trust for each iwi that does not comply with section 130(3)—
(a)
the ordinary shares that would otherwise be transferred to each mandated iwi organisation; and
(b)
any dividends that relate to those shares.
(2)
Te Ohu Kai Moana Trustee Limited must hold in trust for each iwi all dividends and associated tax credits to which clause 4 of Schedule 1AA applies until those dividends and associated tax credits are transferred under clauses 3(3) and 4 of Schedule 1AA.
(3)
Te Ohu Kai Moana Trustee Limited is entitled to withhold from any dividends held in trust under subsection (1)(b) or (2) the reasonable costs incurred in administering the ordinary shares and dividends.
Surplus funds (other than surplus levy funding)
(4)
Te Ohu Kai Moana Trustee Limited must also hold in trust for each iwi that does not comply with section 130(3) any distributions of surplus funds to that iwi under section 54H.
(5)
If an iwi mentioned in subsection (4) complies with section 130(3), Te Ohu Kai Moana Trustee Limited must promptly distribute to that iwi’s mandated iwi organisation the funds (including any income on the funds) held in trust under subsection (4).
(6)
Te Ohu Kai Moana Trustee Limited is entitled to withhold from any income on funds held in trust under subsection (4) the reasonable costs incurred in administering the funds.
Section 153: replaced, on 26 July 2026, by section 74 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Status of settlement assets for purposes of Inland Revenue Acts and other enactments
154 Status of settlement assets
(1)
For the purposes of the Inland Revenue Acts, the value of the settlement assets transferred under this Part to a mandated iwi organisation or to an asset-holding company (including settlement quota and ordinary shares) is included in the available subscribed capital of the company, trust, or other body to which the assets are transferred.
(2)
Income tax, goods and services tax, gift duty, any tax duty levy, and any other charge imposed or provided for under the Inland Revenue Acts or any other enactment do not apply to allocations or transfers of settlement assets—
(a)
by Te Ohu Kai Moana Trustee Limited to—
(i)
mandated iwi organisations; or
(ii)
asset-holding companies required by section 12(1)(d); or
(iii)
Te Putea Whakatupu Trustee Limited; or
(iv)
Te Wai Maori Trustee Limited; and
(b)
by an asset-holding company to any of its subsidiaries established under section 16(3), so long as that allocation or transfer is completed within 12 months of the transfer of settlement assets by Te Ohu Kai Moana Trustee Limited to the relevant asset-holding company under section 151.
Section 154(1): amended, on 26 July 2026, by section 75 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Part 4 Settlement quota interests, sales and exchanges of settlement quota, related restrictions, and option to purchase
155 Outline of this Part
This Part provides for the following matters:
(a)
the registration under the Fisheries Act 1996 of a settlement quota interest against quota shares owned by asset-holding companies or subsidiaries of asset-holding companies; and
(b)
a general restriction on the transfer of settlement quota; and
(c)
the basis on which settlement quota may be disposed of; and
(d)
exceptions to the general constraint on disposal, including provisions for the exchange, of settlement quota; and
(e)
[Repealed](f)
a power for Te Ohu Kai Moana Trustee Limited to make further rules for the exchange of settlement quota.
Section 155(e): repealed, on 26 July 2026, by section 76(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 155(f): amended, on 26 July 2026, by section 76(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
156 Interpretation
[Repealed]Section 156: repealed, on 26 July 2026, by section 77 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Subpart 1—Registration of settlement quota interests
157 Registration of settlement quota interests
(1)
Te Ohu Kai Moana Trustee Limited must, in accordance with section 152A of the Fisheries Act 1996, apply to the chief executive of the Ministry (as those terms are defined in section 2(1) of the Fisheries Act 1996) for registration of settlement quota interests—
(a)
within 20 working days after the appointed day and before any transactions are made involving the specified shares, against—
(i)
quota shares listed in Schedule 1; and
(ii)
quota shares allocated, before the appointed day, under section 44 of the Fisheries Act 1996; and
(b)
against further quota shares allocated under section 44 of the Fisheries Act 1996 after the appointed day.
(2)
The quota shares referred to in subsection (1) become settlement quota when the settlement quota interest is registered under section 152A of the Fisheries Act 1996.
Section 157: replaced, on 26 July 2026, by section 78 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
158 General restriction on transfer of settlement quota
(1)
Settlement quota must not be transferred except—
(a)
by a transfer authorised by Te Ohu Kai Moana Trustee Limited under section 18E(1)(b)(i) for the purposes of section 18B(5)(b); or
(b)
to an entity permitted by section 161(1) to acquire settlement quota; or
(c)
as ordered by the Court; or
(d)
through forfeiture to the Crown under the Fisheries Act 1996; or
(e)
in accordance with an approved exchange for non-settlement quota as contemplated by section 173.
(2)
Every transfer of settlement quota must be notified—
(a)
by the transferor and transferee jointly; and
(b)
to the chief executive of the Ministry (as those terms are defined in section 2(1) of the Fisheries Act 1996); and
(c)
in the form, if any, approved for the purposes of this subsection by that chief executive.
Section 158: replaced, on 26 July 2026, by section 78 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
159 Quota may be treated as settlement quota
(1)
A mandated iwi organisation may declare any quota owned by the asset-holding company of that mandated iwi organisation to be settlement quota.
(2)
A declaration must not be made under subsection (1) until the mandated iwi organisation has obtained the approval of any party that holds a mortgage or caveat registered against the quota.
Section 159: replaced, on 26 July 2026, by section 78 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
160 Application for registration
(1)
This section applies if—
(a)
Te Ohu Kai Moana Trustee Limited is acting in accordance with its duty under section 157; or
(b)
a mandated iwi organisation has made a declaration under section 159(1); or
(c)
Te Ohu Kai Moana Trustee Limited has consented to a proposal for an exchange under section 174 of settlement quota for quota other than settlement quota.
(2)
If subsection (1)(a) applies, Te Ohu Kai Moana Trustee Limited and the registered owner of the quota jointly (or Te Ohu Kai Moana Trustee Limited alone if it is the registered owner of the quota) must—
(a)
request the chief executive of the Ministry (as those terms are defined in section 2(1) of the Fisheries Act 1996) to register a settlement quota interest against the quota shares; and
(b)
specify which quota management stock is the subject of the request; and
(c)
specify the number of quota shares to which the request applies.
(2A)
If subsection (1)(b) applies, the mandated iwi organisation must notify Te Ohu Kai Moana Trustee Limited of the declaration made under section 159(1), and Te Ohu Kai Moana Trustee Limited must—
(a)
request the chief executive of the Ministry (as those terms are defined in section 2(1) of the Fisheries Act 1996) to register a settlement quota interest against the quota shares; and
(b)
specify which quota management stock is the subject of the request; and
(c)
specify the number of quota shares to which the request applies.
(3)
If, in the case of an exchange contemplated by subsection (1)(c), a request is made to remove a settlement quota interest from settlement quota, Te Ohu Kai Moana Trustee Limited and the registered owner of the quota jointly (or Te Ohu Kai Moana Trustee Limited alone if it is the registered owner of the quota) must—
(a)
request the chief executive of the Ministry (as those terms are defined in section 2(1) of the Fisheries Act 1996) to remove the settlement quota interest from the quota shares; and
(b)
specify which quota management stock is the subject of the request; and
(c)
specify the number of quota shares to which the request applies.
Section 160(1): replaced, on 26 July 2026, by section 79(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 160(2): replaced, on 26 July 2026, by section 79(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 160(2A): inserted, on 26 July 2026, by section 79(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 160(3)(a): amended, on 26 July 2026, by section 79(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Subpart 2—Restrictions on, and procedures for, disposal of settlement quota
161 Restrictions on disposal of settlement quota
Disposal by mandated iwi organisation
(1)
A mandated iwi organisation must not—
(a)
sell its settlement quota, except to—
(i)
another mandated iwi organisation; or
(ii)
an entity within AFL Group; or
(b)
gift its settlement quota.
(2)
[Repealed](3)
If an entity within AFL Group or a mandated iwi organisation sells or relinquishes control over a subsidiary, subcompany, asset-holding company, or subsidiary of an asset-holding company that holds settlement quota, that quota must be treated as the property of Aotearoa Fisheries Limited or of the mandated iwi organisation, as appropriate.
Disposal after transfer as ordered by Court or through forfeiture to Crown
(4)
Subsections (5) and (6) apply to settlement quota transferred under section 158(1)(c) or (d)—
(a)
as ordered by the Court, and to an entity not permitted by subsection (1) to acquire settlement quota; or
(b)
through forfeiture to the Crown under the Fisheries Act 1996.
(5)
The entity or the Crown must not—
(a)
sell that settlement quota, except to—
(i)
a mandated iwi organisation; or
(ii)
an entity within AFL Group; or
(b)
gift that settlement quota.
(6)
The entity or the Crown must sell that settlement quota under subsection (5) within, or as soon as is reasonably practicable after, 12 months after the date on which it was transferred to the entity or the Crown under section 158(1)(b) or (c).
Section 161(1) heading: inserted, on 26 July 2026, by section 80(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 161(1)(a)(ii): amended, on 26 July 2026, by section 80(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 161(2): repealed, on 26 July 2026, by section 80(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 161(3): replaced, on 26 July 2026, by section 80(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 161(4) heading: inserted, on 26 July 2026, by section 80(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 161(4): replaced, on 26 July 2026, by section 80(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 161(5): inserted, on 26 July 2026, by section 80(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 161(6): inserted, on 26 July 2026, by section 80(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
162 Constitutional document must authorise sale of settlement quota
A mandated iwi organisation may sell settlement quota only if—
(a)
its constitutional document expressly permits it to sell settlement quota; and
(b)
the transaction complies with the requirements of the constitutional document.
Section 162: replaced, on 26 July 2026, by section 81 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Option to purchase[Repealed]
Heading: repealed, on 26 July 2026, by section 82 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
163 Offer of option to purchase
[Repealed]Section 163: repealed, on 26 July 2026, by section 82 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
164 Procedure for selling bundle of assets
[Repealed]Section 164: repealed, on 26 July 2026, by section 82 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
165 Procedure to determine right to purchase
[Repealed]Section 165: repealed, on 26 July 2026, by section 82 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
166 Basis on which sale must proceed
[Repealed]Section 166: repealed, on 26 July 2026, by section 82 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
167 Other constraints on disposal
(1)
Section 162 applies if a mandated iwi organisation proposes to enter into a transaction with any party (for example, by way of granting an option, giving a mortgage, giving any other security interest, or giving a guarantee) or series of transactions that could, if the rights under the transaction were exercised, result in—
(a)
the sale of settlement quota; or
(b)
the iwi being disentitled, for a period of more than 10 years, to—
(i)
the income from annual catch entitlements arising from that quota; or
(ii)
the control or use of the annual catch entitlements arising from that quota.
(2)
Section 162 must be complied with before a transaction referred to in subsection (1) is entered into, but the other provisions of this subpart do not apply at that time.
(2A)
In particular, before a transaction referred to in subsection (1) is entered into, section 162 (as applied by subsection (2) of this section) must be complied with as follows:
(a)
the transaction must be of a type permitted by the mandated iwi organisation’s constitutional document; and
(b)
the transaction must comply with the requirements of that constitutional document.
(3)
If a third party to a transaction referred to in subsection (1) exercises a right to sell, or requires a sale of, settlement quota, section 161(1) applies as if the seller were the mandated iwi organisation referred to in subsection (1).
(4)
In this section, third party means a person other than—
(a)
a mandated iwi organisation; or
(b)
an asset-holding company, or a subsidiary of an asset-holding company, of a mandated iwi organisation.
Section 167(1): amended, on 26 July 2026, by section 83(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 167(1)(b): amended, on 26 July 2026, by section 83(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 167(2A): inserted, on 26 July 2026, by section 83(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 167(3): amended, on 26 July 2026, by section 83(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 167(4): replaced, on 26 July 2026, by section 83(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
168 Application of this subpart to AFL Group
(1)
If an entity within AFL Group acquires settlement quota under this subpart, section 161(1) applies to that entity as if it were a mandated iwi organisation.
(2)
[Repealed]Section 168 heading: amended, on 26 July 2026, by section 84(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 168(1): amended, on 26 July 2026, by section 84(2)(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 168(1): amended, on 26 July 2026, by section 84(2)(b) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 168(2): repealed, on 26 July 2026, by section 84(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
169 When sale of settlement quota must be allowed
[Repealed]Section 169: repealed, on 26 July 2026, by section 85 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
170 Remedy for breach of requirements under this subpart
(1)
If a contract for the sale of settlement quota, including a transaction or series of transactions referred to in section 167(1), is in breach of sections 161 to 168, the Court may make orders as it thinks fit, including orders—
(a)
to cancel the contract or transaction:
(b)
to vest in the vendor the settlement quota that was the subject of the contract or transaction:
(c)
to vest in the buyer the consideration for the contract or transaction:
(d)
consistent with section 161, if the buyer has on-sold, or has granted any interest in, or security over, the settlement quota:
(e)
that the costs of the applicant be met by the parties to the sale or transaction.
(2)
Orders made under subsection (1) may be made—
(a)
on the application of—
(i)
any party; or
(ii)
an adult member of an iwi whose mandated iwi organisation is a party; or
(iii)
a mandated iwi organisation; or
(iv)
an entity within Te Ohu Kai Moana Group; and
(b)
on the terms and conditions that the Court thinks fit, so long as the quota shares are not vested other than in a mandated iwi organisation or an entity within Te Ohu Kai Moana Group.
(3)
In the case of a breach of sections 161 to 168, subpart 5 of Part 2 of the Contract and Commercial Law Act 2017 does not apply.
Section 170(1): amended, on 26 July 2026, by section 86 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 170(3): amended, on 26 July 2026, by section 86 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 170(3): amended, on 1 September 2017, by section 347 of the Contract and Commercial Law Act 2017 (2017 No 5).
Subpart 3—Exceptions to application of subpart 2
Quota sold to wholly-owned entities[Repealed]
Heading: repealed, on 26 July 2026, by section 87 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
171 Settlement quota sold to wholly-owned entities
[Repealed]Section 171: repealed, on 26 July 2026, by section 87 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Small parcels of settlement quota[Repealed]
Heading: repealed, on 26 July 2026, by section 87 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
172 Rationalisation of small parcels of settlement quota
[Repealed]Section 172: repealed, on 26 July 2026, by section 87 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Quota exchange
173 Exception for quota exchanges
(1)
Subpart 2 does not apply to the exchange of settlement quota for any other quota of the same market value with a party that is—
(a)
not a mandated iwi organisation; and
(b)
not an entity within the AFL Group.
(2)
To avoid doubt, settlement quota may be used in exchanges with parties other than those entitled to hold settlement quota.
(3)
However, an exchange under this section is subject to section 174 (see also section 160(1)(c) of this Act and section 152A of the Fisheries Act 1996).
Section 173: replaced, on 26 July 2026, by section 88 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
174 Procedure and criteria for exchange
(1)
Before a mandated iwi organisation may exchange settlement quota under section 173, it must—
(a)
advise Te Ohu Kai Moana Trustee Limited, for each quota management stock, of—
(i)
the number of settlement quota shares it proposes to offer for exchange; and
(ii)
an estimate of the fair market value of those shares, determined in accordance with any rules made under section 176(2)(g); and
(iii)
the stock and the number of shares to be received by the mandated iwi organisation in exchange for the settlement quota referred to in subparagraph (i); and
(iv)
whether the quota to be received is settlement quota; and
(v)
an estimate of the fair market value of the quota shares to be received, determined in accordance with any rules made under section 176(2)(g); and
(b)
obtain the consent of Te Ohu Kai Moana Trustee Limited to the exchange; and
(c)
ensure that the exchange complies with the policy on exchanges, as expressed in the annual plan of the mandated iwi organisation.
(2)
The mandated iwi organisation must provide to Te Ohu Kai Moana Trustee Limited documentation, supported by a statutory declaration if Te Ohu Kai Moana Trustee Limited so requires, to establish the matters referred to in subsection (1).
(3)
Te Ohu Kai Moana Trustee Limited must not allow an exchange involving settlement quota unless it is satisfied that—
(a)
the exchange is for quota or bundles of quota of an equivalent market value; and
(b)
each mandated iwi organisation involved in the exchange has complied with the policy of the mandated iwi organisation on exchanges, as notified in its annual plan.
(4)
If Te Ohu Kai Moana Trustee Limited is satisfied that the requirements of subsection (3) are met, and allows the proposed exchange, it must ensure that, after the exchange, settlement quota interests—
(a)
are registered against any non-settlement quota received in the exchange; and
(b)
are removed from the settlement quota provided in the exchange.
(5)
[Repealed](6)
Te Ohu Kai Moana Trustee Limited may make or amend rules under section 176 regarding the evidence required to establish the matters referred to in subsection (3).
Section 174(4): replaced, on 26 July 2026, by section 89 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 174(5): repealed, on 26 July 2026, by section 89 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Breach of restrictions applying to exchanges
175 Remedy for breach of restrictions
(1)
If settlement quota is exchanged in breach of section 173 or section 174, the Court may make orders as it thinks fit, including orders—
(a)
to cancel the contract or transaction:
(b)
to return the assets and any consideration to the prior owner:
(c)
consistent with section 161, if a party to the exchange has on-sold or further exchanged the settlement quota, or has granted an interest in it or security over it:
(d)
that the costs of the applicant be met by the parties to the sale or transaction.
(2)
Orders may be made under subsection (1) on the application of—
(a)
any party; or
(b)
an adult member of an iwi whose mandated iwi organisation is a party; or
(c)
a mandated iwi organisation; or
(d)
an entity within Te Ohu Kai Moana Group.
(3)
In the case of a breach of section 173 or rules made under section 176, subpart 5 of Part 2 of the Contract and Commercial Law Act 2017 does not apply.
Section 175(3): amended, on 1 September 2017, by section 347 of the Contract and Commercial Law Act 2017 (2017 No 5).
Subpart 4—Additional rules for quota exchanges
Subpart 4 heading: amended, on 26 July 2026, by section 90 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
176 Additional rules
(1)
Te Ohu Kai Moana Trustee Limited may make and amend, in accordance with section 54, rules that must be complied with in every exchange of settlement quota under this Part.
(2)
The rules may include, but are not limited to, the following matters:
(a)
[Repealed](b)
[Repealed](c)
[Repealed](d)
[Repealed](e)
[Repealed](f)
[Repealed](g)
the means for determining fair market value for settlement quota that is exchanged, and the resolution of disputes as to that value:
(h)
(i)
[Repealed](j)
the information that must be supplied to Te Ohu Kai Moana Trustee Limited to establish compliance with the requirements of this Part, the form of that information, and the time within which it must be supplied.
(3)
The matters that are provided for in the rules made under subsection (1) may apply to—
(a)
a named mandated iwi organisation, all mandated iwi organisations, or mandated iwi organisations of a category specified in the notice; and
(b)
specified settlement quota, all settlement quota, or settlement quota of a category specified in the notice.
Section 176(1): amended, on 26 July 2026, by section 91(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 176(2)(a): repealed, on 26 July 2026, by section 91(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 176(2)(b): repealed, on 26 July 2026, by section 91(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 176(2)(c): repealed, on 26 July 2026, by section 91(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 176(2)(d): repealed, on 26 July 2026, by section 91(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 176(2)(e): repealed, on 26 July 2026, by section 91(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 176(2)(f): repealed, on 26 July 2026, by section 91(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 176(2)(h): amended, on 26 July 2026, by section 91(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 176(2)(i): repealed, on 26 July 2026, by section 91(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Part 5 Dispute resolution
177 Outline of this Part
This Part provides a process for the resolution of disputes over specified decisions, including—
(a)
a requirement that those decisions be notified to the parties involved; and
(b)
the application of an extended jurisdiction for the Maori Land Court.
178 Purpose of this Part
(1)
The purpose of this Part is—
(a)
to impose a general obligation on all persons making decisions specified in section 180(1) to give notice of the decision in accordance with section 179; and
(b)
to provide for an independent and transparent process for the resolution of disputes arising in relation to the specified decisions; and
(c)
to provide for certain matters relevant to disputed decisions.
Subpart 1—Procedure for resolution of disputes
179 Notification of specified decisions
(1)
A person who makes a decision specified in section 180(1) must notify the parties in writing of—
(a)
the nature of the decision that has been made; and
(b)
if requested by a party, the principal reasons for the decision.
(2)
Subsection (1)(b) applies only to the extent that it is not inconsistent with any other enactment or rule of law.
(3)
Notification required by subsection (1) may be made by publication in the Gazette or in another publication that the decision maker considers appropriate.
Application of Part
180 Application of this Part to specified decisions
(1)
This Part applies to disputes that arise between or among the specified parties over—
(a)
the classification of quota by Te Ohu Kai Moana Trustee Limited under section 7, between Te Ohu Kai Moana Trustee Limited and 1 or more mandated iwi organisations:
(b)
a determination of a coastline entitlement by Te Ohu Kai Moana Trustee Limited under section 11, between or among Te Ohu Kai Moana Trustee Limited and 1 or more mandated iwi organisations:
(c)
the division of disputed coastline that is the subject of a written agreement provided to Te Ohu Kai Moana Trustee Limited in support of an interim coastline claim made under clause 4 of Schedule 6 and for which a coastline entitlement has been determined, between or among Te Ohu Kai Moana Trustee Limited and the parties to that agreement:
(d)
whether an organisation seeking recognition or claiming continued recognition as a mandated iwi organisation meets the criteria in section 14, between Te Ohu Kai Moana Trustee Limited and 1 or more mandated iwi organisations:
(e)
which of 2 or more organisations claiming to be qualified as the mandated iwi organisation for an iwi is to be recognised by Te Ohu Kai Moana Trustee Limited under section 13(1), between Te Ohu Kai Moana Trustee Limited and 1 or more mandated iwi organisations:
(f)
a proposal by Te Ohu Kai Moana Trustee Limited to make or amend a rule under section 25, between Te Ohu Kai Moana Trustee Limited and an affected mandated iwi organisation:
(g)
whether a recognised iwi organisation has failed to comply with section 28(2), between Te Ohu Kai Moana Trustee Limited and that recognised iwi organisation:
(h)
whether a mandated iwi organisation has remedied a breach of the conditions on which assistance was given to it by Te Ohu Kai Moana Trustee Limited under section 34(i) or (j), between Te Ohu Kai Moana Trustee Limited and the mandated iwi organisation to which the conditions applied:
(i)
[Repealed](j)
a decision by Te Ohu Kai Moana Trustee Limited under section 135(1) or (2), between a relevant mandated iwi organisation and Te Ohu Kai Moana Trustee Limited:
(k)
harbour quota to be allocated to an iwi under section 143, between—
(i)
mandated iwi organisations; or
(ii)
Te Ohu Kai Moana Trustee Limited and 1 or more mandated iwi organisations:
(l)
freshwater quota to be allocated to an iwi under section 148, between—
(i)
mandated iwi organisations; or
(ii)
Te Ohu Kai Moana Trustee Limited and 1 or more mandated iwi organisations:
(m)
an allegation made by an adult member of an iwi that, in relation to a matter addressed in this Act, a decision, act, or omission of the mandated iwi organisation of that person’s iwi is contrary to—
(i)
this Act; or
(ii)
the constitutional documents or policies of the mandated iwi organisation.
(2)
In this section, relevant, in relation to a mandated iwi organisation, means the organisation to which the decision relates directly, but does not include a third party to that decision.
Section 180(1)(i): repealed, on 26 July 2026, by section 92 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
181 Resolution of disputes
(1)
If a dispute arises in relation to a specified decision referred to in section 180(1) and the parties are unable, within a reasonable time, to resolve the dispute, they must, acting in good faith,—
(a)
endeavour to agree on a process for resolving the dispute, including (but not limited to) all or any of the following:
(i)
further negotiations:
(ii)
mediation:
(iii)
determination of the dispute by an independent expert; and
(b)
before proceeding to take any other action under this Part, engage in the process agreed under paragraph (a).
(2)
Unless Te Ohu Kai Moana Trustee Limited is a party to the dispute, a party may refer the dispute to Te Ohu Kai Moana Trustee Limited for determination if—
(a)
the parties cannot agree on a dispute resolution process under subsection (1)(a); or
(b)
the timetable for the dispute resolution process is not being complied with; or
(c)
the dispute resolution process does not resolve the dispute.
182 Reference to Maori Land Court
(1)
This section applies if—
(a)
Te Ohu Kai Moana Trustee Limited is one of the parties to a dispute referred to in section 180(1); or
(b)
resolution is unable to be reached under section 181.
(2)
A party to a dispute may, except in a dispute over a decision referred to in section 180(1)(g), refer the dispute to the Maori Land Court under section 26B of Te Ture Whenua Maori Act 1993 to obtain—
(a)
advice on an appropriate dispute resolution process for the purposes of section 181(1):
(b)
a non-binding ruling on a question of fact or law to assist in the conduct of the dispute resolution process.
(3)
The Maori Land Court may make a determination under section 26C of Te Ture Whenua Maori Act 1993 if, on a reference to it under subsection (2), it is of the view that the parties have taken reasonable steps to resolve a dispute resolution process provided for under section 181(1).
(4)
If Te Ohu Kai Moana Trustee Limited declines to determine a dispute under section 181(2), it must refer it to the Maori Land Court for determination under section 26C of Te Ture Whenua Maori Act 1993.
(5)
A party to a dispute that has been referred to Te Ohu Kai Moana Trustee Limited under section 181(2) may subsequently refer to the Maori Land Court, for determination under section 26C of Te Ture Whenua Maori Act 1993,—
(a)
the decision of Te Ohu Kai Moana Trustee Limited:
(b)
the dispute, if Te Ohu Kai Moana Trustee Limited does not make a determination within a reasonable time.
183 Effect of reference or application etc to Maori Land Court
(1)
This section applies to—
(a)
a dispute that may be referred to the Maori Land Court under section 182:
(b)
an application by Te Ohu Kai Moana Trustee Limited under section 185(1):
(c)
an action taken by Te Ohu Kai Moana Trustee Limited in reliance on section 186:
(d)
an application made under section 187:
(e)
an order made by a Judge under section 26M of Te Ture Whenua Maori Act 1993.
(2)
Until a matter referred to in subsection (1)(a) to (d) has been determined under section 26C of Te Ture Whenua Maori Act 1993 and all rights of appeal for that matter have been exercised in full, a person who is a party to the matter or order must not—
(a)
apply for review under the Judicial Review Procedure Act 2016; or
(b)
commence proceedings for a writ of, or in the nature of, mandamus, prohibition, or certiorari, or a declaration or injunction in relation to that decision.
(3)
Until all rights of appeal in relation to an order referred to in subsection (1)(e) have been exercised in full, a person who is a party to the matter which is the subject of the order must not—
(a)
apply for review under the Judicial Review Procedure Act 2016; or
(b)
commence proceedings for a writ of, or in the nature of, mandamus, prohibition, or certiorari, or a declaration or injunction in relation to that decision.
Section 183(2)(a): amended, on 1 March 2017, by section 24 of the Judicial Review Procedure Act 2016 (2016 No 50).
Section 183(3)(a): amended, on 1 March 2017, by section 24 of the Judicial Review Procedure Act 2016 (2016 No 50).
Subpart 2—Other matters relevant to disputed decisions
184 Implementation of decision
(1)
A specified decision referred to in section 180(1) may be implemented by the decision maker before the expiry of the period of time referred to in subsection (2), but only to the extent that its implementation does not deprive a party that disputes the decision of the benefit of, or any remedy available under, the dispute resolution process set out in this Part.
(2)
A decision may be fully enforced if no party has commenced the dispute resolution process within 30 working days after receiving notification of the decision under section 179.
(3)
If, within that 30-working day period, all parties notified of a decision under section 180 advise the decision maker that they do not wish to invoke the dispute resolution process, that waiver is binding on the parties.
185 Powers of Te Ohu Kai Moana Trustee Limited in relation to mandated iwi organisations
(1)
Whether or not the processes in sections 181 and 182 have been followed by the parties that dispute a decision referred to in section 180(1)(d) or (e), Te Ohu Kai Moana Trustee Limited may apply to the Maori Land Court under section 26C of Te Ture Whenua Maori Act 1993 for an order denying or suspending recognition of a mandated iwi organisation on the ground that—
(a)
it fails to meet 1 or more of the criteria set out in section 14; or
(b)
it is not making reasonable efforts to meet the requirements to enable it to qualify to receive settlement assets under section 130.
(2)
An application referred to in subsection (1) must explain fully why, in the opinion of Te Ohu Kai Moana Trustee Limited, the mandated iwi organisation has failed to meet 1 or more of the relevant criteria.
186 Other powers not limited
Despite sections 181 and 182, Te Ohu Kai Moana Trustee Limited may take any action against a mandated iwi organisation for a breach of any condition of assistance given under section 34(i) and (j).
187 Dispute resolution in relation to reorganisation of specified mandated iwi organisations
(1)
If a dispute arises in relation to the matters provided for by or under section 20, a party to the dispute may apply to the Maori Land Court under section 26C(d) of Te Ture Whenua Maori Act 1993 for a determination by order in accordance with that Act.
(2)
An application made to the Maori Land Court in reliance on this section must, at the same time, be notified to every affected party.
Part 6 Transitional and miscellaneous provisions, repeal, and amendments
188 Outline of this Part
(1)
This Part sets out transitional provisions relating to—
(a)
the transfer of the existing undertaking of the Treaty of Waitangi Fisheries Commission to Te Ohu Kai Moana Trustee Limited; and
(b)
the saving of various existing agreements and exemptions; and
(c)
the payment of any taxation refunded in respect of the Treaty of Waitangi Fisheries Commission or any of its companies; and
(d)
the position of the employees and agents of the Treaty of Waitangi Fisheries Commission in the transfer; and
(e)
the application of the Inland Revenue Acts and other enactments and the protection of specified names; and
(f)
the repeal of the Maori Fisheries Act 1989, and consequential amendments.
(2)
Schedule 1AA sets out transitional, savings, and related provisions from the Māori Fisheries Amendment Act 2024 and later amendments.
Section 188(2): inserted, on 26 July 2026, by section 93 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
189 Interpretation
(1)
In this Part, unless the context otherwise requires,—
existing undertaking includes all assets, whether in the form of quota shares, interests, rights, or liabilities, that, immediately before the appointed day, are owned, controlled, or held by—
(a)
the Treaty of Waitangi Fisheries Commission; or
(b)
any company or other commercial entity, to the extent that it is owned or controlled by the Treaty of Waitangi Fisheries Commission
liabilities includes liabilities, debts, charges, duties, and obligations of the Treaty of Waitangi Fisheries Commission (whether present or future, actual or contingent, or payable or to be observed or performed in New Zealand or elsewhere).
Subpart 1—Transitional provisions
Powers, savings, and validations
190 Powers of Treaty of Waitangi Fisheries Commission
In the period between the commencement of this Act and the appointed day, the Treaty of Waitangi Fisheries Commission has the powers, functions, duties, rights, responsibilities, liabilities, and exemptions of Te Ohu Kai Moana Trustee Limited.
191 Agreements for sale of annual catch entitlements
(1)
If the Treaty of Waitangi Fisheries Commission has, before the commencement of this Act, entered into agreements with iwi for the sale of annual catch entitlements, those sales may be completed in accordance with the agreements, even if they do not comply with section 152(1), (2), (3), or (5).
(2)
However, the Treaty of Waitangi Fisheries Commission must comply with section 152(4).
192 Certain exemptions saved
A consent to an exemption granted to the Treaty of Waitangi Fisheries Commission under section 28W of the Fisheries Act 1983 or under section 60 of the Fisheries Act 1996 must be treated as if the consent had been granted to Aotearoa Fisheries Limited.
193 Validation of certain decisions, etc
(1)
A decision, action, recommendation, appointment, undertaking, or transaction made, taken, or entered into in good faith and with reasonable care by a person or body, and during the periods referred to in subsection (2), is as valid as if it had been made, taken, or entered into under this Act.
(2)
Subsection (1) applies to a decision, action, recommendation, appointment, undertaking, or transaction made, taken, or entered into—
(a)
by—
(i)
the Minister of Maori Affairs in appointing directors under section 45:
(ii)
the Treaty of Waitangi Fisheries Commission or a member of that Commission:
(iii)
an employee or agent of that Commission:
(b)
between either—
(i)
1 January 2003 and the commencement of this Act; or
(ii)
the commencement of this Act and the appointed day.
Transfer from Treaty of Waitangi Fisheries Commission
194 Treaty of Waitangi Fisheries Commission dissolved and existing undertaking vested
(1)
On and from the appointed day,—
(a)
the Treaty of Waitangi Fisheries Commission is dissolved; and
(b)
the term of office of every member of that Commission expires; and
(c)
the existing undertaking of that Commission vests in Te Ohu Kai Moana Trustee Limited, except to the extent that it is already vested in Aotearoa Fisheries Limited or its subcompanies, as contemplated by section 75(2).
(2)
A member of the Treaty of Waitangi Fisheries Commission is not entitled to compensation as a result of the expiry under this section of his or her term of office.
195 Payment of taxation refunds (if any)
(1)
This section applies if, after the appointed day, the Commissioner of Inland Revenue grants a refund in respect of taxation paid at any time before the appointed day by the Treaty of Waitangi Fisheries Commission or any company or subsidiary of a company owned by that Commission.
(2)
The Commissioner of Inland Revenue must pay the full amount of the assessed refund (if any), together with any interest payable under Part 7 of the Tax Administration Act 1994, to Te Ohu Kai Moana Trustee Limited.
(3)
The monies (if any) paid to Te Ohu Kai Moana Trustee Limited under subsection (2)—
(a)
must not be reported in the audited financial statements of Aotearoa Fisheries Limited, or of any company or subsidiary referred to in subsection (1); and
(b)
to avoid doubt, do not form part of the AFL Group net profit after tax of the AFL Group for the purpose of section 76(2); but
(c)
must be reported in the audited financial statements of Te Ohu Kai Moana Trustee Limited.
Section 195(3)(b): amended, on 26 July 2026, by section 94 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
196 Classification of quota shares allocated to Treaty of Waitangi Fisheries Commission
(1)
Te Ohu Kai Moana Trustee Limited must, not later than 6 months after the appointed day,—
(a)
determine the appropriate classification, in accordance with sections 8 and 9, for quota shares allocated to the Treaty of Waitangi Fisheries Commission under section 44 of the Fisheries Act 1996—
(i)
at any time before the commencement of this Act, and not included in Schedule 1:
(ii)
between the commencement of this Act and the appointed day; and
(b)
publish by notice—
(i)
the classification of the stock; and
(ii)
whether harbour quota applies to that stock; and
(iii)
the quantity, if any, of each harbour quota for the stock.
(2)
A notice under this section is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).
| Legislation Act 2019 requirements for secondary legislation made under this section | ||||
| Publication | The maker must publish it in the Gazette | LA19 ss 73, 74(1)(a), Sch 1 cl 14 | ||
| Presentation | It is not required to be presented to the House of Representatives because a transitional exemption applies under Schedule 1 of the Legislation Act 2019 | LA19 s 114, Sch 1 cl 32(1)(a) | ||
| Disallowance | It may be disallowed by the House of Representatives | LA19 ss 115, 116 | ||
| This note is not part of the Act. | ||||
Final report
197 Final report of Treaty of Waitangi Fisheries Commission
(1)
Not later than 6 months after the appointed day, Te Ohu Kai Moana Trustee Limited must prepare a statement of the financial position and other statements of accounts necessary to show fully the financial position of the Treaty of Waitangi Fisheries Commission and the financial results of its operations for the period beginning on 1 October 2003 and ending with the close of the day immediately before the appointed day.
(2)
As soon as is reasonably practicable after the completion of the obligation referred to in subsection (1), Te Ohu Kai Moana Trustee Limited must provide the final report to the Minister of Maori Affairs.
(3)
The Minister of Maori Affairs must present the final report to the House of Representatives as soon as is reasonably practicable after receiving it from Te Ohu Kai Moana Trustee Limited.
(4)
In this section, final report means—
(a)
the statement of financial position of the Treaty of Waitangi Fisheries Commission and other information referred to in subsection (1); and
(b)
an audit report prepared by the Auditor-General on the statement referred to in paragraph (a).
198 References in instruments
(1)
A reference (express or implied) to the Treaty of Waitangi Fisheries Commission in an enactment (other than in this Act), or in an instrument, register, record, notice, security, document, or communication made, given, passed, or executed before or on the appointed day, must be read as a reference to Te Ohu Kai Moana Trustee Limited.
(2)
A reference (express or implied) to an officer of the Treaty of Waitangi Fisheries Commission in an enactment, or in an instrument, register, record, notice, security, document, or communication made, given, passed, or executed before or on the appointed day, must be read as a reference to—
(a)
the corresponding employee of Te Ohu Kai Moana Trustee Limited or Aotearoa Fisheries Limited; or
(b)
if there is no corresponding employee, an employee of Te Ohu Kai Moana Trustee Limited or Aotearoa Fisheries Limited designated by Te Ohu Kai Moana Trustee Limited.
(3)
This section is subject to section 214.
199 Status of contracts and other instruments
(1)
In subsection (2), contracts and other instruments means contracts, agreements, conveyances, deeds, leases, licences, other instruments, undertakings, notices, and any binding rulings made under Part 5A of the Tax Administration Act 1994 (whether in writing or not), entered into by, made with, given to or by, or addressed to the Treaty of Waitangi Fisheries Commission (whether alone or with another person) before the appointed day and having effect immediately before the appointed day.
(2)
Contracts and other instruments are binding on, and enforceable by, against, or in favour of, Te Ohu Kai Moana Trustee Limited and have effect for the purposes of the Inland Revenue Acts as if Te Ohu Kai Moana Trustee Limited and not the Treaty of Waitangi Fisheries Commission had been the person by whom they were entered into, with whom they were made, or to or by whom they were given or addressed.
200 Status of existing securities
(1)
A security held by the Treaty of Waitangi Fisheries Commission as security for a debt or other liability to that Commission incurred before the appointed day—
(a)
is available to Te Ohu Kai Moana Trustee Limited as security for the discharge of that debt or liability; and
(b)
if the security extends to future or prospective debts or liabilities, is available as security for the discharge of debts or liabilities to Te Ohu Kai Moana Trustee Limited incurred on or after the appointed day.
(2)
Te Ohu Kai Moana Trustee Limited is entitled to the same rights and priorities, and is subject to the same liabilities, in relation to the security as the Treaty of Waitangi Fisheries Commission would be if this Act had not been passed.
201 Continuation of proceedings
(1)
An action, arbitration, proceeding, or cause of action that was pending or existing by, against, or in favour of the Treaty of Waitangi Fisheries Commission, or to which that Commission was a party, before the appointed day may be continued and enforced by against, or in favour of Te Ohu Kai Moana Trustee Limited.
(2)
It is not necessary to amend a pleading, writ, or other document to continue the action, arbitration, proceeding, or other cause of action.
202 Matters not affected by transfer to Te Ohu Kai Moana Trustee Limited
Nothing effected or authorised by this Act—
(a)
places the Treaty of Waitangi Fisheries Commission, Te Ohu Kai Moana Trustee Limited, or any other person in breach of a contract or confidence, or breach of trust, or makes any of them guilty of a civil wrong; or
(b)
entitles a person to terminate, cancel, or amend a contract or arrangement, or to accelerate the performance of an obligation, or to impose a penalty or increased charge; or
(c)
places the Treaty of Waitangi Fisheries Commission, Te Ohu Kai Moana Trustee Limited, or any other person in breach of an enactment, a rule of law, or a provision of a contract that prohibits, restricts, or regulates the assignment or transfer of an asset, right, or liability or the disclosure of information; or
(d)
releases a surety in whole or in part from an obligation; or
(e)
invalidates or discharges a contract.
203 Books and documents to remain evidence
(1)
A document, matter, or thing that would have been admissible in evidence for or against the Treaty of Waitangi Fisheries Commission is, on and after the appointed day, admissible in evidence for or against Te Ohu Kai Moana Trustee Limited.
(2)
For the purpose of this section, document has the meaning given to it in section 4 of the Evidence Act 2006.
Section 203(2): amended, on 1 August 2007, by section 216 of the Evidence Act 2006 (2006 No 69).
204 Registers
(1)
The Registrar General of Land, Commercial Fisheries Services Limited, or any other person charged with keeping books or registers is not required to change the name of the Treaty of Waitangi Fisheries Commission to Te Ohu Kai Moana Trustee Limited in the books or registers, or in a document, solely because of the provisions of this Act.
(2)
If Te Ohu Kai Moana Trustee Limited presents an instrument referred to in subsection (3) to a registrar or other person, the presentation of that instrument is, in the absence of evidence to the contrary, sufficient proof that the property is vested in Te Ohu Kai Moana Trustee Limited on behalf of Te Ohu Kai Moana, as specified in the instrument.
(3)
For the purposes of this section, the instrument need not be an instrument of transfer, but must—
(a)
be executed or purport to be executed by Te Ohu Kai Moana Trustee Limited; and
(b)
relate to an existing undertaking held, managed, or controlled by the Treaty of Waitangi Fisheries Commission immediately before the appointed day; and
(c)
be accompanied by a certificate by Te Ohu Kai Moana Trustee Limited that the property was vested in Te Ohu Kai Moana Trustee Limited under this Act.
Subpart 2—Employees and agents
205 Interpretation
In this subpart,—
transferred employee means a person employed by the Treaty of Waitangi Fisheries Commission immediately before the appointed day who becomes an employee of Te Ohu Kai Moana Trustee Limited or Aotearoa Fisheries Limited on the appointed day
Treaty of Waitangi Fisheries Commission includes Aotearoa Fisheries Limited, the company referred to in section 12 of the Maori Fisheries Act 1989.
206 Liability of employees and agents
(1)
A person who, at any time before the appointed day, held office as a member of the Treaty of Waitangi Fisheries Commission or who was an officer, employee, agent, or representative of that Commission, is not personally liable in respect of an act or thing done or omitted to be done by him or her before the appointed day in the exercise or bona fide purported exercise of an authority conferred by or under the Maori Fisheries Act 1989, the Treaty of Waitangi (Fisheries Claims) Settlement Act 1992, or any other enactment.
(2)
This section applies only—
(a)
in the absence of actual fraud; and
(b)
if the act or omission does not amount to an offence under any enactment or rule of law.
207 Transfer of existing employees
On the appointed day, each employee of the Treaty of Waitangi Fisheries Commission becomes an employee of Te Ohu Kai Moana Trustee Limited or Aotearoa Fisheries Limited, as determined by the Treaty of Waitangi Fisheries Commission.
208 Terms and conditions of employment of transferred employees
(1)
The employment of a transferred employee must be on terms and conditions no less favourable to the transferred employee than those applying to the employee immediately before the appointed day.
(2)
Subsection (1)—
(a)
continues to apply to the terms and conditions of employment of a transferred employee until those terms and conditions are varied by agreement between the transferred employee and Te Ohu Kai Moana Trustee Limited or Aotearoa Fisheries Limited, as the case may be; and
(b)
does not apply to a transferred employee who receives a subsequent appointment with Te Ohu Kai Moana Trustee Limited or Aotearoa Fisheries Limited.
209 Continuity of employment
For the purposes of every enactment, law, determination, contract, and agreement relating to the employment of a transferred employee, the transfer of the employee from the Treaty of Waitangi Fisheries Commission to Te Ohu Kai Moana Trustee Limited or Aotearoa Fisheries Limited, as the case may be, does not, of itself, break the employment of that person, or the period of his or her employment by the Treaty of Waitangi Fisheries Commission as having been a period of service with Te Ohu Kai Moana Trustee Limited or Aotearoa Fisheries Limited, as the case may be.
210 No compensation for technical redundancy
A transferred employee is not entitled to receive any payment or any other benefit solely on the ground that—
(a)
the position held by the employee with the Treaty of Waitangi Fisheries Commission has ceased to exist; or
(b)
the employee has ceased, as a result of his or her transfer to Te Ohu Kai Moana Trustee Limited or Aotearoa Fisheries Limited, to be an employee of the Treaty of Waitangi Fisheries Commission.
Subpart 3—Miscellaneous provisions
211 Application of Inland Revenue Acts and other enactments
(1)
For the purposes of the Inland Revenue Acts, binding rulings under those Acts and any other enactment that imposes or provides for the collection of a tax, duty, levy or other charge, the Treaty of Waitangi Fisheries Commission and Te Ohu Kai Moana Trustee Limited are the same person.
(2)
For the purposes of the Inland Revenue Acts, Te Ohu Kai Moana Trustee Limited must be treated as having held, at all times since the interests were acquired by the Treaty of Waitangi Fisheries Commission, the voting interests and market value interests that they receive from that Commission under this Act.
212 Protection of names
(1)
No person may be incorporated or registered under any enactment or in any other manner using any of the following names:
(a)
Te Ohu Kai Moana; or
(b)
[Repealed](c)
Te Putea Whakatupu Trust; or
(d)
Te Wai Maori Trust.
(2)
No person, other than the person to whom the name applies, either alone or with another person, may operate or carry on business or activities—
(a)
under a name specified in subsection (1); or
(b)
under any other name, knowing that the name so resembles a specified name as to be likely to mislead a person.
(3)
A person who contravenes subsection (2) commits an offence and is liable on conviction to a fine not exceeding $1,000.
(4)
It is a defence in any prosecution for an offence against subsection (3) if the defendant proves that, either alone or with any other person or persons, the defendant has carried on business continuously under the name to which the prosecution relates from any date before the commencement of this Act.
Section 212(1)(b): repealed, on 26 July 2026, by section 95 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Section 212(3): amended, on 1 July 2013, by section 413 of the Criminal Procedure Act 2011 (2011 No 81).
Subpart 4—Repeal and consequential amendments
213 Enactment repealed
The Maori Fisheries Act 1989 (1989 No 159) is repealed on and from the appointed day.
214 Amendments to other enactments
On and from the appointed day, the enactments specified in Schedule 9 are amended in the manner indicated in that schedule.
Schedule 1AA Transitional, savings, and related provisions
Schedule 1AA: inserted, on 27 July 2024, by section 96 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Part 1 Provision relating to Māori Fisheries Amendment Act 2024 and that come into force on day after Royal assent
Schedule 1AA Part 1: inserted, on 27 July 2024, by section 96 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
1 Aotearoa Fisheries Limited issue of income shares to Te Ohu Kai Moana Trustee Limited
(1)
Within 6 months starting on the date of Royal assent of the Māori Fisheries Amendment Act 2024, Te Ohu Kai Moana Trustee Limited must exercise a put option to sell to Aotearoa Fisheries Limited redeemable preference shares—
(a)
in Aotearoa Fisheries Limited; and
(b)
held by Te Ohu Kai Moana Trustee Limited.
(2)
As soon as is reasonably practicable after, and in satisfaction of, the exercise of the put option, Aotearoa Fisheries Limited must issue income shares in Aotearoa Fisheries Limited to Te Ohu Kai Moana Trustee Limited.
Schedule 1AA clause 1: inserted, on 27 July 2024, by section 96 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Part 2 Provisions relating to Māori Fisheries Amendment Act 2024 and that come into force on second anniversary of Royal assent or earlier date set
Schedule 1AA Part 2: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
2 Shares in Aotearoa Fisheries Limited
Voting shares cancelled
(1)
All voting shares in Aotearoa Fisheries Limited are cancelled.
Available subscribed capital carried instead by income shares
(2)
The available subscribed capital, in subclause (3), means available subscribed capital carried by voting shares in Aotearoa Fisheries Limited—
(a)
under section 75(8) of this Act; and
(b)
immediately before the repeal, on the commencement of this clause, of section 75(8) of this Act.
(3)
The available subscribed capital is, after the commencement of this clause, taken to be carried instead by income shares in Aotearoa Fisheries Limited.
(4)
Subclause (3) applies despite—
(a)
subclause (1) cancelling all voting shares in Aotearoa Fisheries Limited; and
(b)
the Māori Fisheries Amendment Act 2024 repealing section 75(8) of this Act.
Income shares become ordinary shares
(5)
All income shares in Aotearoa Fisheries Limited (including those referred to in clause 1) are ordinary shares to which section 36 of the Companies Act 1993 applies.
(6)
In particular,—
(a)
those ordinary shares confer on the holder the rights specified in section 36(1) of the Companies Act 1993; and
(b)
those rights cannot be negated, altered, or added to in any of the ways specified in section 36(2) of the Companies Act 1993.
(7)
For the purposes of income tax, goods and services tax, any tax duty levy, and any other charge imposed or provided for under the Inland Revenue Acts or any other enactment, subclause (5) is—
(a)
a variation of the shareholder rights of the income shares; and
(b)
not a cancellation of income shares and issue of ordinary shares.
Pre-commencement rights and actions unaffected
(8)
Nothing in, or required by, this clause affects the following:
(a)
rights—
(i)
of the holder of a voting share, or an income share, in Aotearoa Fisheries Limited; and
(ii)
that accrued before the commencement of this clause; and
(iii)
whose enjoyment or exercise, before that commencement, is not inconsistent with subclauses (1) and (5):
(b)
actions taken—
(i)
by the holder of a voting share, or an income share, in Aotearoa Fisheries Limited; and
(ii)
before the commencement of this clause.
Schedule 1AA clause 2: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
3 Allocation and transfer of shares held by Te Ohu Kai Moana Trustee Limited
Application
(1)
This clause applies to income shares held by Te Ohu Kai Moana Trustee Limited that become ordinary shares under clause 2.
Allocation
(2)
The shares must be allocated by Te Ohu Kai Moana Trustee Limited—
(a)
to the other holders of ordinary shares, with each being allocated a proportion the same as the proportion they hold of the total number of ordinary shares; or
(b)
to the relevant iwi’s mandated iwi organisation and in accordance with section 130(1), if Te Ohu Kai Moana Trustee Limited exercises its discretion under section 135(1)(a) to allocate the shares in accordance with section 130(1) to the relevant iwi’s mandated iwi organisation; or
(c)
to Te Ohu Kai Moana Trustee Limited to hold on trust under section 153(1) for the relevant iwi, if Te Ohu Kai Moana Trustee Limited—
(i)
does not exercise its discretion, described in paragraph (b) of this subsection, under section 135(1)(a); and
(ii)
must under section 153(1) hold the shares (and any dividends that relate to the shares) on trust for the relevant iwi.
Transfer
(3)
Te Ohu Kai Moana Trustee Limited must transfer the allocated shares,—
(a)
if subclause (2)(a) or (b) applies (and despite section 135(1)(a)), on the date on which this clause comes into force; or
(b)
if subclause (2)(c) applies, on the date on which the relevant iwi becomes entitled to receive them under section 130(1)(c) and (3).
Schedule 1AA clause 3: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
4 Allocation and transfer of dividends and associated tax credits
(1)
This clause applies to dividends and associated tax credits received—
(a)
by Te Ohu Kai Moana Trustee Limited; and
(b)
in respect of shares that must be allocated and transferred under clause 3(2) and (3); and
(c)
before allocation or transfer under clause 3(2) or (3) of those shares.
(2)
The dividends and associated tax credits must also be allocated and transferred under clause 3(2) and (3) in the same way as those shares.
Schedule 1AA clause 4: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
5 Transferee not liable to income tax for transfer itself
(1)
This clause applies to a transfer from a transferor (person A) to a transferee (person B) that is—
(a)
a transfer of shares under clause 3(3); or
(b)
a transfer of dividends and associated tax credits under clauses 3(3) and 4.
(2)
The transfer itself (disregarding any later dealings with the transferred shares, or the transferred dividends or associated tax credits) is not assessable income (as defined in sections BD 1(5) and YA 1 of the Income Tax Act 2007) of person B.
Schedule 1AA clause 5: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
6 Value of transferred shares for purposes of liability to tax for later dealings
(1)
This clause applies—
(a)
to ordinary shares the subject of a transfer under clause 3(3); and
(b)
for the purposes of determining any person’s liability to pay any kind of tax for any dealings with the ordinary shares after the transfer.
(2)
Those ordinary shares must, for those purposes, be taken to have been acquired by the transferee at their market value at the time of the transfer.
Schedule 1AA clause 6: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
7 Shareholder continuity
Ordinary shares transferred from Te Ohu Kai Moana Trustee Limited
(1)
Subclause (2) applies to ordinary shares that—
(a)
were income shares held by Te Ohu Kai Moana Trustee Limited; and
(b)
become ordinary shares under clause 2; and
(c)
a transferee receives under a transfer under clause 3(3)(a) or (b).
(2)
For the purposes of the continuity provisions defined in section YA 1 of the Income Tax Act 2007 (the continuity provisions), the transferee must be taken, on and after the date of the transfer, to have held the ordinary shares without interruption since the date Te Ohu Kai Moana Trustee Limited acquired the income shares.
Ordinary shares that were income shares
(3)
Subclause (4) applies to ordinary shares that—
(a)
were income shares held by a holder other than Te Ohu Kai Moana Trustee Limited; and
(b)
become ordinary shares under clause 2.
(4)
For the purposes of the continuity provisions, the holder must be taken, on and after the date the income shares become ordinary shares, to have held the ordinary shares without interruption since the date the holder acquired the income shares.
Cancelled voting shares
(5)
Subclause (6) applies to the voting shares held by Te Ohu Kai Moana Trustee Limited that are cancelled under clause 2(1).
(6)
For the purposes of the continuity provisions, the holders of the ordinary shares referred to in subclause (3) must be taken, on and after the date of cancellation of the voting shares, to have held the voting shares without interruption from the date Te Ohu Kai Moana Trustee Limited acquired the shares until the date of cancellation, with each being allocated a proportion of the voting shares the same as the proportion they hold of the total number of ordinary shares.
Schedule 1AA clause 7: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
8 Available subscribed capital
The reference in section 154(1) to settlement assets transferred under Part 3 of this Act must be taken to include—
(a)
the value—
(i)
of ordinary shares that are transferred under clause 3(3); and
(ii)
when they become ordinary shares under clause 2(2):
(b)
the value—
(i)
of dividends and associated tax credits that are transferred under clauses 3(3) and 4; and
(ii)
when they are so transferred.
Schedule 1AA clause 8: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
9 Transitional directors of Te Ohu Kai Moana Trustee Limited
Transitional directors
(1)
This clause applies to a director (who, in this clause, is called a transitional director)—
(a)
of Te Ohu Kai Moana Trustee Limited; and
(b)
appointed by Te Kawai Taumata; and
(c)
in office immediately before the commencement of this clause.
(2)
The transitional director remains in office until—
(a)
the director’s successor is appointed after the director’s term expires (see section 47(2)(b) as repealed by the Māori Fisheries Amendment Act 2024); or
(b)
the director earlier ceases to hold office (for example, because of resignation, disqualification, death, or any other extraordinary vacancy), or is earlier removed from office under the constitution of Te Ohu Kai Moana Trustee Limited (see also section 44(2)(fa)).
(3)
Remuneration to the transitional director is subject to a fees for a director determination—
(a)
made by a resolution approved by a majority of mandated iwi organisations and recognised iwi organisations entitled to vote and voting on the question at a general meeting of Te Ohu Kai Moana Trustee Limited (see section 44(2)(faa)); and
(b)
determining those fees with effect from, or from a time after, the making of the determination.
Alternates of transitional directors
(4)
This clause applies also to an alternate director—
(a)
of a transitional director; and
(b)
in office immediately before the commencement of this clause.
(5)
The alternate director remains in office, and may attend and vote at meetings on behalf of the transitional director, only while the appointment of the alternate director has not been terminated under the constitution of Te Ohu Kai Moana Trustee Limited (see section 44(2)(g)).
(6)
Remuneration to the alternate director is subject to a fees for an alternate director determination—
(a)
made by a resolution approved by a majority of mandated iwi organisations and recognised iwi organisations entitled to vote and voting on the question at a general meeting of Te Ohu Kai Moana Trustee Limited (see section 44(2)(faa)); and
(b)
determining those fees with effect from, or from a time after, the making of the determination.
Schedule 1AA clause 9: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
10 Te Kawai Taumata dissolved
Dissolution
(1)
Te Kawai Taumata is dissolved on the commencement of this clause.
Members and alternate members
(2)
No member, or alternate member, of Te Kawai Taumata—
(a)
continues to hold office after Te Kawai Taumata is dissolved; or
(b)
is entitled to any compensation for vacating office because Te Kawai Taumata is dissolved.
Schedule 1AA clause 10: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
11 Transitional directors of Aotearoa Fisheries Limited
Transitional directors
(1)
This clause applies to a director (who, in this clause, is called a transitional director)—
(a)
of Aotearoa Fisheries Limited; and
(b)
appointed under section 63 for any term; and
(c)
in office immediately before the commencement of this clause.
(2)
The transitional director remains in office (both before and after determinations are made under the requirement stated in section 62(1)(ab)) until—
(a)
the director’s successor is appointed after the director’s term expires (see section 62(1)(ac)(iii)); or
(b)
the director earlier ceases to hold office (for example, because of resignation, disqualification, death, or any other extraordinary vacancy), or is earlier removed from office under the constitution of Aotearoa Fisheries Limited or section 156 of the Companies Act 1993.
(3)
The transitional director may be reappointed for any number of further terms.
(4)
Remuneration to the transitional director is subject to a fees for a director determination—
(a)
made by shareholders of Aotearoa Fisheries Limited in accordance with the requirement mentioned in section 62(1)(ae); and
(b)
determining those fees with effect from, or from a time after, the making of the determination.
Alternates of transitional directors
(5)
This clause applies also to an alternate director—
(a)
of a transitional director; and
(b)
in office immediately before the commencement of this clause.
(6)
The alternate director remains in office, and may attend and vote at meetings on behalf of the transitional director, only while the appointment of the alternate director has not been terminated under the constitution of Aotearoa Fisheries Limited (see section 62(1)(b)).
(7)
Remuneration to the alternate director is subject to a fees for an alternate director determination—
(a)
made by shareholders of Aotearoa Fisheries Limited in accordance with the requirement mentioned in section 62(1)(ae); and
(b)
determining those fees with effect from, or from a time after, the making of the determination.
Schedule 1AA clause 11: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
12 Transitional directors of Te Pūtea Whakatupu Trustee Limited
Transitional directors
(1)
This clause applies to a director (who, in this clause, is called a transitional director)—
(a)
of Te Pūtea Whakatupu Trustee Limited; and
(b)
appointed for a term not exceeding 4 years; and
(c)
in office immediately before the commencement of this clause.
(2)
The transitional director remains in office until—
(a)
the director’s successor is appointed after the director’s term expires (see section 87(2)(d)(iii)); or
(b)
the director earlier ceases to hold office (for example, because of resignation, disqualification, death, or other extraordinary vacancy), or is earlier removed from office under the constitution of Te Pūtea Whakatupu Trustee Limited (see also section 87(2)(c)).
(3)
The transitional director may be reappointed for any number of further terms (even though, when last appointed, the director could only be reappointed for 1 further term).
(4)
Remuneration to the transitional director is subject to a fees for a director determination—
(a)
made by a resolution approved by a majority of mandated iwi organisations entitled to vote and voting on the question at a general meeting of Te Ohu Kai Moana Trustee Limited (see section 87(2)(db)); and
(b)
determining those fees with effect from, or from a time after, the making of the determination.
Alternates of transitional directors
(5)
This clause applies also to an alternate director—
(a)
of a transitional director; and
(b)
in office immediately before the commencement of this clause.
(6)
The alternate director remains in office, and may attend and vote at meetings on behalf of the transitional director, only while the appointment of the alternate director has not been terminated under the constitution of Te Pūtea Whakatupu Trustee Limited (see section 87(2)(da)).
(7)
Remuneration to the alternate director is subject to a fees for an alternate director determination—
(a)
made by a resolution approved by a majority of mandated iwi organisations entitled to vote and voting on the question at a general meeting of Te Ohu Kai Moana Trustee Limited (see section 87(2)(db)); and
(b)
determining those fees with effect from, or from a time after, the making of the determination.
Schedule 1AA clause 12: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
13 Transitional directors of Te Wai Māori Trustee Limited
Transitional directors
(1)
This clause applies to a director (who, in this clause, is called a transitional director)—
(a)
of Te Wai Māori Trustee Limited; and
(b)
appointed for a term not exceeding 4 years; and
(c)
in office immediately before the commencement of this clause.
(2)
The transitional director remains in office until—
(a)
the director’s successor is appointed after the director’s term expires (see section 100(2)(d)(iii)); or
(b)
the director earlier ceases to hold office (for example, because of resignation, disqualification, death, or any other extraordinary vacancy), or is earlier removed from office under the constitution of Te Wai Māori Trustee Limited (see also section 100(2)(c)).
(3)
The transitional director may be reappointed for any number of further terms (even though, when last appointed, the director could only be reappointed for 1 further term).
(4)
Remuneration to the transitional director is subject to a fees for a director determination—
(a)
made by a resolution approved by a majority of mandated iwi organisations entitled to vote and voting on the question at a general meeting of Te Ohu Kai Moana Trustee Limited (see section 100(2)(db)); and
(b)
determining those fees with effect from, or from a time after, the making of the determination.
Alternates of transitional directors
(5)
This clause applies also to an alternate director—
(a)
of a transitional director; and
(b)
in office immediately before the commencement of this clause.
(6)
The alternate director remains in office, and may attend and vote at meetings on behalf of the transitional director, only while the appointment of the alternate director has not been terminated under the constitution of Te Wai Māori Trustee Limited (see section 100(2)(da)).
(7)
Remuneration to the alternate director is subject to a fees for an alternate director determination—
(a)
made by a resolution approved by a majority of mandated iwi organisations entitled to vote and voting on the question at a general meeting of Te Ohu Kai Moana Trustee Limited (see section 100(2)(db)); and
(b)
determining those fees with effect from, or from a time after, the making of the determination.
Schedule 1AA clause 13: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
14 Constraints on transactions
(1)
Section 167(1)(b) as amended by the Māori Fisheries Amendment Act 2024 applies only to transactions entered into on or after the commencement of this clause.
(2)
Transactions entered into before that commencement continue to be subject to section 167(1)(b) as in force immediately before that commencement.
Schedule 1AA clause 14: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
15 Rules relating to sale of settlement quota under Part 4
(1)
This clause applies to any rules—
(a)
relating to sale of settlement quota under Part 4 of this Act; and
(b)
made before the commencement of this clause; and
(c)
revoked—
(i)
because of the repeal of their empowering provisions; and
(ii)
with effect on the commencement of this clause.
(2)
The revocation of those rules does not affect their earlier operation.
Schedule 1AA clause 15: inserted, on 26 July 2026, by section 97(a) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Schedule 1 Quota shares
Part 1 Quota shares allocated to Treaty of Waitangi Fisheries Commission under section 40 of the Maori Fisheries Act 1989
| Quota management stock code | Description | Number of quota shares to be allocated under Part 3 |
Shortfall in value of quota shares ($) |
|
|---|---|---|---|---|
| BAR1 | IN | 9 154 221 | 128,860 | |
| BAR4 | IN* | 9 988 235 | 201 | |
| BAR5 | IN | 10 000 000 | nil | |
| BAR7 | IN | 9 778 523 | 21,479 | |
| BCO1 | IN | 9 709 368 | 380 | |
| BCO2 | IN | 10 000 000 | nil | |
| BCO3 | IN | 6 267 975 | 84,758 | |
| BCO4 | IN* | 9 481 931 | 26,062 | |
| BCO5 | IN | 9 900 993 | 13,505 | |
| BCO7 | IN | 10 000 000 | nil | |
| BCO8 | IN | 10 000 000 | nil | |
| BNS1 | IN | 8 612 700 | 287,865 | |
| BNS2 | IN | 8 680 520 | 48,800 | |
| BNS3 | DW | 6 760 168 | 359,621 | |
| BNS7 | DW | 10 000 000 | nil | |
| BNS8 | DW | 7 500 000 | 12,115 | |
| BYX1 | IN | 10 000 000 | nil | |
| BYX2 | IN | 10 000 000 | nil | |
| BYX3 | DW | 10 000 000 | nil | |
| BYX7 | DW | 6 708 074 | 5,639 | |
| BYX8 | DW | 10 000 000 | nil | |
| CRA1 | IN | 9 303 231 | 173,508 | |
| CRA2 | IN | 10 000 000 | nil | |
| CRA3 | IN | 10 000 000 | nil | |
| CRA4 | IN | 10 000 000 | nil | |
| CRA5 | IN | 10 000 000 | nil | |
| CRA6 | IN* | 10 000 000 | nil | |
| CRA7 | IN | 10 000 000 | nil | |
| CRA8 | IN | 10 000 000 | nil | |
| CRA9 | IN | 10 000 000 | nil | |
| ELE1 | IN | 10 000 000 | nil | |
| ELE2 | IN | 10 000 000 | nil | |
| ELE3 | IN | 9 014 095 | 68,177 | |
| ELE5 | IN | 10 000 000 | nil | |
| ELE7 | IN | 10 000 000 | nil | |
| FLA1 | IN | 9 947 865 | 2,144 | |
| FLA2 | IN | 10 000 000 | nil | |
| FLA3 | IN | 10 000 000 | nil | |
| FLA7 | IN | 9 975 407 | 722 | |
| GMU1 | IN | 9 833 593 | 5,255 | |
| GMU2 | IN | 10 000 000 | nil | |
| GMU3 | IN | 10 000 000 | nil | |
| GMU7 | IN | 10 000 000 | nil | |
| GUR1 | IN | 10 000 000 | nil | |
| GUR2 | IN | 9 999 145 | nil | |
| GUR3 | IN | 10 000 000 | nil | |
| GUR7 | IN | 9 957 921 | 1,146 | |
| GUR8 | IN | 10 000 000 | nil | |
| HAK1 | DW | 9 812 104 | 35,467 | |
| HAK4 | DW† | 10 000 000 | nil | |
| HAK7 | DW | 10 000 000 | nil | |
| HOK1 | DW | 10 000 000 | nil | |
| HPB1 | IN | 7 695 508 | 185,302 | |
| HPB2 | IN | 9 906 085 | 5,036 | |
| HPB3 | IN | 9 756 192 | 10,784 | |
| HPB4 | IN† | 10 000 000 | nil | |
| HPB5 | IN | 9 986 705 | 480 | |
| HPB7 | IN | 10 000 000 | nil | |
| HPB8 | IN | 9 997 503 | nil | |
| JDO1 | IN | 10 000 000 | nil | |
| JDO2 | IN | 10 000 000 | nil | |
| JDO3 | IN | 10 000 000 | nil | |
| JDO7 | IN | 10 000 000 | nil | |
| JMA7 | DW | 9 999 919 | nil | |
| LIN1 | IN | 9 800 907 | 3,162 | |
| LIN2 | IN | 10 000 000 | nil | |
| LIN3 | IN | 9 624 660 | 91,377 | |
| LIN4 | DW† | 10 000 000 | nil | |
| LIN5 | DW | 8 849 370 | 208,971 | |
| LIN6 | DW† | 10 000 000 | nil | |
| LIN7 | DW | 7 662 577 | 515,887 | |
| MOK1 | IN | 9 935 296 | 1,359 | |
| MOK3 | IN | 8 347 091 | 5,940 | |
| MOK4 | IN* | 9 529 436 | 346 | |
| MOK5 | IN | 9 690 100 | 245 | |
| OEO1 | DW | 10 000 000 | nil | |
| OEO3A | DW | 10 000 000 | nil | |
| OEO4 | DW† | 10 000 000 | nil | |
| OEO6 | DW† | 10 000 000 | nil | |
| ORH1 | DW | 10 000 000 | nil | |
| ORH2A | DW | 10 000 000 | nil | |
| ORH2B | DW | 10 000 000 | nil | |
| ORH3A | DW | 10 000 000 | nil | |
| ORH3B | DW | 8 096 630 | 2,750,865 | |
| ORH7A | DW | 10 000 000 | nil | |
| ORH7B | DW | 10 000 000 | nil | |
| PAU1 | IN | 9 948 187 | nil | |
| PAU2 | IN | 8 243 390 | 675,362 | |
| PAU3 | IN | 7 356 874 | 532,730 | |
| PAU4 | IN* | 9 199 401 | 549,003 | |
| PAU5A | IN | 10 000 000 | nil | |
| PAU5B | IN | 10 000 000 | nil | |
| PAU5D | IN | 10 000 000 | nil | |
| PAU6 | IN | 10 000 000 | nil | |
| PAU7 | IN | 10 000 000 | nil | |
| PHC1 | IN | 10 000 000 | nil | |
| RCO1 | IN | 7 377 282 | 2,218 | |
| RCO2 | IN | 9 999 640 | nil | |
| RCO3 | IN | 9 995 723 | 1,252 | |
| RCO7 | IN | 9 997 841 | 134 | |
| SCH1 | IN | 9 776 953 | 17,139 | |
| SCH2 | IN | 10 000 000 | nil | |
| SCH3 | IN | 8 775 780 | nil | |
| SCH4 | IN* | 10 000 000 | nil | |
| SCH5 | IN | 9 712 027 | 19,339 | |
| SCH7 | IN | 8 812 748 | nil | |
| SCH8 | IN | 9 876 709 | nil | |
| SKI1 | IN | 9 999 348 | nil | |
| SKI2 | IN | 9 991 507 | 214 | |
| SKI3 | IN | 9 986 884 | nil | |
| SKI7 | IN | 10 000 000 | nil | |
| SNA1 | IN | 9 934 489 | 131,360 | |
| SNA2 | IN | 8 829 327 | 62,026 | |
| SNA3 | IN | 9 758 514 | nil | |
| SNA7 | IN | 9 017 500 | 23,586 | |
| SNA8 | IN | 8 465 133 | 740,949 | |
| SPO1 | IN | 9 932 318 | 3,903 | |
| SPO2 | IN | 9 574 340 | nil | |
| SPO3 | IN | 7 926 166 | 167,993 | |
| SPO7 | IN | 9 421 999 | 23,455 | |
| SPO8 | IN | 9 721 290 | 8,035 | |
| SQU1J | IN | 10 000 000 | nil | |
| SQU1T | DW | 9 999 982 | nil | |
| SQU6T | DW† | 10 000 000 | nil | |
| STA1 | IN | 10 000 000 | nil | |
| STA2 | IN | 4 352 632 | 5,198 | |
| STA3 | IN | 10 000 000 | nil | |
| STA4 | IN* | 9 332 654 | 12,960 | |
| STA5 | IN | 10 000 000 | nil | |
| STA7 | IN | 10 000 000 | nil | |
| STA8 | IN | 10 000 000 | nil | |
| SWA1 | DW | 9 625 469 | 28,930 | |
| SWA3 | DW | 9 197 787 | 103,471 | |
| SWA4 | DW | 9 999 998 | nil | |
| TAR1 | IN | 9 894 046 | 18,795 | |
| TAR2 | IN | 9 865 861 | nil | |
| TAR3 | IN | 9 593 345 | nil | |
| TAR4 | IN* | 10 000 000 | nil | |
| TAR5 | IN | 10 000 000 | nil | |
| TAR7 | IN | 9 987 230 | 743 | |
| TAR8 | IN | 10 000 000 | nil | |
| TRE1 | IN | 9 996 105 | 276 | |
| TRE2 | IN | 9 997 388 | nil | |
| TRE3 | IN | 7 314 815 | 1,044 | |
| TRE7 | IN | 9 999 754 | nil | |
| WAR1 | IN | 10 000 000 | nil | |
| WAR2 | IN | 9 994 202 | 128 | |
| WAR3 | IN | 10 000 000 | nil | |
| WAR7 | IN | 9 999 795 | nil | |
| WAR8 | IN | 9 999 141 | nil | |
| Total | 1 444 584 253 | 8,185,701 | ||
| * For allocation of this inshore quota see sections 144 and 145. | ||||
| † For allocation of this deepwater quota see sections 144 and 145. | ||||
Where fewer than 10 000 000 shares are shown for any quota management stock, see section 149. Where the amount shown in column 4 is nil, that is because the value is less than $100.
Schedule 1 Part 1 BNS2: amended, on 13 December 2006, by section 7(1)(a) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 1 SCH3: amended, on 13 December 2006, by section 7(1)(b) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 1 SCH7: amended, on 13 December 2006, by section 7(1)(c) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 1 SCH8: amended, on 13 December 2006, by section 7(1)(d) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 1 SPO2: amended, on 13 December 2006, by section 7(1)(e) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 1 TAR2: amended, on 13 December 2006, by section 7(1)(f) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 1 TAR3: amended, on 13 December 2006, by section 7(1)(g) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Part 2 Quota shares allocated to Treaty of Waitangi Fisheries Commission under section 44 of the Fisheries Act 1996
| Quota management stock | Description | Number of quota shares to be allocated under Part 3 |
|---|---|---|
| ANC1 | IN | 20 000 000 |
| ANC2 | IN | 20 000 000 |
| ANC3 | IN | 20 000 000 |
| ANC4 | IN* | 20 000 000 |
| ANC7 | IN | 20 000 000 |
| ANC8 | IN | 20 000 000 |
| ANG11 | FW | 20 000 000 |
| ANG12 | FW | 20 000 000 |
| ANG13 | FW | 20 000 000 |
| ANG14 | FW | 20 000 000 |
| ANG15 | FW | 20 000 000 |
| ANG16 | FW | 20 000 000 |
| BUT1 | IN | 20 000 000 |
| BUT2 | IN | 20 000 000 |
| BUT3 | IN | 20 000 000 |
| BUT4 | IN* | 20 000 000 |
| BUT5 | IN | 20 000 000 |
| BUT6 | DW† | 20 000 000 |
| BUT7 | IN | 20 000 000 |
| BYA1 | IN | 20 000 000 |
| BYA2 | IN | 20 000 000 |
| BYA3 | IN | 20 000 000 |
| BYA4 | IN* | 20 000 000 |
| BYA5 | IN | 20 000 000 |
| BYA7 | IN | 20 000 000 |
| BYA8 | IN | 20 000 000 |
| BYA9 | IN | 20 000 000 |
| CDL1 | DW | 20 000 000 |
| CDL2 | DW | 20 000 000 |
| CDL3 | DW | 20 000 000 |
| CDL4 | DW† | 20 000 000 |
| CDL5 | DW | 20 000 000 |
| CDL6 | DW | 20 000 000 |
| CDL7 | DW | 20 000 000 |
| CDL8 | DW | 20 000 000 |
| CDL9 | DW | 20 000 000 |
| CHC1 | DW | 20 000 000 |
| CHC2 | DW | 20 000 000 |
| CHC3 | DW | 20 000 000 |
| CHC4 | DW† | 20 000 000 |
| CHC5 | DW† | 20 000 000 |
| CHC6 | DW | 20 000 000 |
| CHC7 | DW | 20 000 000 |
| CHC8 | DW | 20 000 000 |
| CHC9 | DW | 20 000 000 |
| COC1A | IN | 20 000 000 |
| COC3 | IN | 20 000 000 |
| COC7A | IN | 20 000 000 |
| COC7B | IN | 20 000 000 |
| DAN1 | IN | 20 000 000 |
| DAN2 | IN | 20 000 000 |
| DAN3 | IN | 20 000 000 |
| DAN4 | IN* | 20 000 000 |
| DAN5 | IN | 20 000 000 |
| DAN7 | IN | 20 000 000 |
| DAN8 | IN | 20 000 000 |
| DAN9 | IN | 20 000 000 |
| DSU1 | IN | 20 000 000 |
| DSU2 | IN | 20 000 000 |
| DSU3 | IN | 20 000 000 |
| DSU4 | IN* | 20 000 000 |
| DSU5 | IN | 20 000 000 |
| DSU7 | IN | 20 000 000 |
| DSU8 | IN | 20 000 000 |
| DSU9 | IN | 20 000 000 |
| EMA1 | IN | 20 000 000 |
| EMA2 | IN | 20 000 000 |
| EMA3 | IN | 20 000 000 |
| EMA7 | IN | 20 000 000 |
| FRO1 | DW | 20 000 000 |
| FRO2 | DW | 20 000 000 |
| FRO3 | DW | 20 000 000 |
| FRO4 | DW† | 20 000 000 |
| FRO5 | DW | 20 000 000 |
| FRO6 | DW† | 20 000 000 |
| FRO7 | DW | 20 000 000 |
| FRO8 | DW | 20 000 000 |
| FRO9 | DW | 20 000 000 |
| GAR1 | IN | 20 000 000 |
| GAR2 | IN | 20 000 000 |
| GAR3 | IN | 20 000 000 |
| GAR4 | IN* | 20 000 000 |
| GAR7 | IN | 20 000 000 |
| GAR8 | IN | 20 000 000 |
| GSC1 | IN | 20 000 000 |
| GSC3 | IN | 20 000 000 |
| GSC5 | IN | 20 000 000 |
| GSC6A | DW† | 20 000 000 |
| GSC6B | DW† | 20 000 000 |
| GSH1 | IN | 20 000 000 |
| GSH2 | IN | 20 000 000 |
| GSH3 | IN | 20 000 000 |
| GSH4 | DW† | 20 000 000 |
| GSH5 | DW | 20 000 000 |
| GSH6 | DW† | 20 000 000 |
| GSH7 | DW | 20 000 000 |
| GSH8 | DW | 20 000 000 |
| GSH9 | DW | 20 000 000 |
| GSP1 | DW | 20 000 000 |
| GSP5 | DW | 20 000 000 |
| GSP7 | DW | 20 000 000 |
| HOR1 | IN | 20 000 000 |
| HOR2 | IN | 20 000 000 |
| HOR3 | IN | 20 000 000 |
| HOR4 | IN* | 20 000 000 |
| HOR5 | IN | 20 000 000 |
| HOR6 | DW† | 20 000 000 |
| HOR7 | IN | 20 000 000 |
| HOR8 | IN | 20 000 000 |
| HOR9 | IN | 20 000 000 |
| JMA1 | IN | 19 999 098 |
| JMA3 | DW | 19 999 978 |
| KIC1 | DW | 20 000 000 |
| KIC2 | DW | 20 000 000 |
| KIC3 | DW | 20 000 000 |
| KIC4 | DW† | 20 000 000 |
| KIC5 | DW | 20 000 000 |
| KIC6 | DW† | 20 000 000 |
| KIC7 | DW | 20 000 000 |
| KIC8 | DW | 20 000 000 |
| KIC9 | DW | 20 000 000 |
| KIN1 | IN | 20 000 000 |
| KIN2 | IN | 20 000 000 |
| KIN3 | IN | 20 000 000 |
| KIN4 | IN* | 20 000 000 |
| KIN7 | IN | 20 000 000 |
| KIN8 | IN | 20 000 000 |
| LEA1 | IN | 20 000 000 |
| LEA2 | IN | 20 000 000 |
| LEA3 | IN | 20 000 000 |
| LEA4 | IN* | 20 000 000 |
| LFE17 | FW | 20 000 000 |
| MDI1 | IN | 20 000 000 |
| MDI2 | IN | 20 000 000 |
| MDI3 | IN | 20 000 000 |
| MDI4 | IN* | 20 000 000 |
| MDI5 | IN | 20 000 000 |
| MDI7 | IN | 20 000 000 |
| MDI8 | IN | 20 000 000 |
| MDI9 | IN | 20 000 000 |
| MMI1 | IN | 20 000 000 |
| MMI2 | IN | 20 000 000 |
| MMI3 | IN | 20 000 000 |
| MMI4 | IN* | 20 000 000 |
| MMI5 | IN | 20 000 000 |
| MMI7 | IN | 20 000 000 |
| MMI8 | IN | 20 000 000 |
| MMI9 | IN | 20 000 000 |
| OYS7 | IN | 20 000 000 |
| OYU5 | IN | 20 000 000 |
| PAD1 | IN | 20 000 000 |
| PAD2 | IN | 20 000 000 |
| PAD3 | IN | 20 000 000 |
| PAD4 | IN* | 20 000 000 |
| PAD5 | IN | 20 000 000 |
| PAD6 | IN* | 20 000 000 |
| PAD7 | IN | 20 000 000 |
| PAD8 | IN | 20 000 000 |
| PAD9 | IN | 20 000 000 |
| PDO1 | IN | 20 000 000 |
| PDO2 | IN | 20 000 000 |
| PDO3 | IN | 20 000 000 |
| PDO4 | IN* | 20 000 000 |
| PDO5 | IN | 20 000 000 |
| PDO7 | IN | 20 000 000 |
| PDO8 | IN | 20 000 000 |
| PDO9 | IN | 20 000 000 |
| PIL1 | IN | 20 000 000 |
| PIL2 | IN | 20 000 000 |
| PIL3 | IN | 20 000 000 |
| PIL4 | IN* | 20 000 000 |
| PIL7 | IN | 20 000 000 |
| PIL8 | IN | 20 000 000 |
| QSC3 | IN | 20 000 000 |
| RBY1 | IN | 20 000 000 |
| RBY2 | IN | 20 000 000 |
| RBY3 | IN | 20 000 000 |
| RBY4 | IN* | 20 000 000 |
| RBY5 | IN | 20 000 000 |
| RBY6 | DW† | 20 000 000 |
| RBY7 | IN | 20 000 000 |
| RBY8 | IN | 20 000 000 |
| RBY9 | IN | 20 000 000 |
| RIB1 | DW | 20 000 000 |
| RIB2 | DW | 20 000 000 |
| RIB3 | DW | 20 000 000 |
| RIB4 | DW† | 20 000 000 |
| RIB5 | DW | 20 000 000 |
| RIB6 | DW† | 20 000 000 |
| RIB7 | DW | 20 000 000 |
| RIB8 | DW | 20 000 000 |
| RIB9 | DW | 20 000 000 |
| RSK1 | IN | 20 000 000 |
| RSK3 | IN | 20 000 000 |
| RSK7 | IN | 20 000 000 |
| RSK8 | IN | 20 000 000 |
| SAE1 | IN | 20 000 000 |
| SAE2 | IN | 20 000 000 |
| SAE3 | IN | 20 000 000 |
| SAE4 | IN* | 20 000 000 |
| SAE5 | IN | 20 000 000 |
| SAE7 | IN | 20 000 000 |
| SAE8 | IN | 20 000 000 |
| SAE9 | IN | 20 000 000 |
| SBW1 | DW | 20 000 000 |
| SBW6A | DW† | 20 000 000 |
| SBW6B | DW† | 20 000 000 |
| SBW6I | DW† | 20 000 000 |
| SBW6R | DW† | 20 000 000 |
| SCA1 | IN | 20 000 000 |
| SCA4 | IN | 20 000 000 |
| SCACS | IN | 20 000 000 |
| SCC1A | IN | 20 000 000 |
| SCC1B | IN | 20 000 000 |
| SCC2A | IN | 20 000 000 |
| SCC2B | IN | 20 000 000 |
| SCC3 | IN | 20 000 000 |
| SCC4 | IN* | 20 000 000 |
| SCC5A | IN | 20 000 000 |
| SCC5B | IN | 20 000 000 |
| SCC6 | DW† | 20 000 000 |
| SCC7A | IN | 20 000 000 |
| SCC7B | IN | 20 000 000 |
| SCC7D | IN | 20 000 000 |
| SCC8 | IN | 20 000 000 |
| SCC9 | IN | 20 000 000 |
| SFE17 | FW | 20 000 000 |
| SPE1 | IN | 20 000 000 |
| SPE2 | IN | 20 000 000 |
| SPE3 | IN | 20 000 000 |
| SPE4 | DW† | 20 000 000 |
| SPE5 | DW | 20 000 000 |
| SPE6 | DW† | 20 000 000 |
| SPE7 | DW | 20 000 000 |
| SPE8 | DW | 20 000 000 |
| SPE9 | DW | 20 000 000 |
| SPR1 | IN | 20 000 000 |
| SPR3 | IN | 20 000 000 |
| SPR4 | IN* | 20 000 000 |
| SPR7 | IN | 20 000 000 |
| SSK1 | DW | 20 000 000 |
| SSK3 | DW | 20 000 000 |
| SSK7 | DW | 20 000 000 |
| SSK8 | DW | 20 000 000 |
| SUR1A | IN | 20 000 000 |
| SUR1B | IN | 20 000 000 |
| SUR2A | IN | 20 000 000 |
| SUR2B | IN | 20 000 000 |
| SUR3 | IN | 20 000 000 |
| SUR4 | IN* | 20 000 000 |
| SUR5 | IN | 20 000 000 |
| SUR7A | IN | 20 000 000 |
| SUR7B | IN | 20 000 000 |
| SUR8 | IN | 20 000 000 |
| SUR9 | IN | 20 000 000 |
| TRU1 | IN | 20 000 000 |
| TRU2 | IN | 20 000 000 |
| TRU3 | IN | 20 000 000 |
| TRU4 | IN* | 20 000 000 |
| TRU5 | IN | 20 000 000 |
| TRU6 | DW† | 20 000 000 |
| TRU7 | IN | 20 000 000 |
| TRU8 | IN | 20 000 000 |
| TRU9 | IN | 20 000 000 |
| WWA1 | DW | 20 000 000 |
| WWA2 | DW | 20 000 000 |
| WWA3 | DW | 20 000 000 |
| WWA4 | DW† | 20 000 000 |
| WWA5 | DW | 20 000 000 |
| WWA6 | DW† | 20 000 000 |
| WWA7 | DW | 20 000 000 |
| WWA8 | DW | 20 000 000 |
| WWA9 | DW | 20 000 000 |
| YEM1 | IN | 20 000 000 |
| YEM2 | IN | 20 000 000 |
| YEM3 | IN | 20 000 000 |
| YEM4 | IN* | 20 000 000 |
| YEM5 | IN | 20 000 000 |
| YEM6 | DW† | 20 000 000 |
| YEM7 | IN | 20 000 000 |
| YEM8 | IN | 20 000 000 |
| YEM9 | IN | 20 000 000 |
| Total | 5 639 999 076 | |
| * For the allocation of this inshore quota see sections 144 and 145. | ||
| † For the allocation of this deepwater quota see sections 144 and 145. | ||
Schedule 1 Part 2 CHC1: amended, on 13 December 2006, by section 7(2)(a) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 2 CHC2: amended, on 13 December 2006, by section 7(2)(b) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 2 CHC3: amended, on 13 December 2006, by section 7(2)(c) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 2 CHC4: amended, on 13 December 2006, by section 7(2)(d) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 2 CHC5: amended, on 13 December 2006, by section 7(2)(e) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 2 CHC6: amended, on 13 December 2006, by section 7(2)(f) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 2 CHC7: amended, on 13 December 2006, by section 7(2)(g) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 2 CHC8: amended, on 13 December 2006, by section 7(2)(h) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Schedule 1 Part 2 CHC9: amended, on 13 December 2006, by section 7(2)(i) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Part 3 Quota shares referred to in section 146
| Quota management stock | Quota shares |
|---|---|
| ANC10 | 20 000 000 |
| BAR10 | 10 000 000 |
| BCO10 | 10 000 000 |
| BNS10 | 10 000 000 |
| BUT10 | 20 000 000 |
| BYX10 | 10 000 000 |
| CDL10 | 20 000 000 |
| CHC10 | 20 000 000 |
| CRA10 | 10 000 000 |
| ELE10 | 10 000 000 |
| EMA10 | 20 000 000 |
| FLA10 | 10 000 000 |
| FRO10 | 20 000 000 |
| GAR10 | 20 000 000 |
| GMU10 | 10 000 000 |
| GSC10 | 20 000 000 |
| GSH10 | 20 000 000 |
| GUR10 | 10 000 000 |
| HAK10 | 10 000 000 |
| HOK10 | 10 000 000 |
| HOR10 | 20 000 000 |
| HPB10 | 10 000 000 |
| JDO10 | 10 000 000 |
| KIC10 | 20 000 000 |
| KIN10 | 20 000 000 |
| JMA10 | 10 000 000 |
| LEA10 | 20 000 000 |
| LIN10 | 10 000 000 |
| MOK10 | 10 000 000 |
| OEO10 | 10 000 000 |
| ORH10 | 10 000 000 |
| PAD10 | 20 000 000 |
| PAU10 | 10 000 000 |
| PIL10 | 20 000 000 |
| RBY10 | 20 000 000 |
| RCO10 | 10 000 000 |
| RIB10 | 20 000 000 |
| RSK10 | 20 000 000 |
| SCC10 | 20 000 000 |
| SCH10 | 10 000 000 |
| SKI10 | 10 000 000 |
| SNA10 | 10 000 000 |
| SPE10 | 20 000 000 |
| SPO10 | 10 000 000 |
| SPR10 | 20 000 000 |
| SQU10T | 10 000 000 |
| SSK10 | 20 000 000 |
| STA10 | 10 000 000 |
| SUR10 | 20 000 000 |
| SWA10 | 10 000 000 |
| TAR10 | 10 000 000 |
| TRE10 | 10 000 000 |
| TRU10 | 20 000 000 |
| WAR10 | 10 000 000 |
| WWA10 | 20 000 000 |
| YEM10 | 20 000 000 |
| Total | 840 000 000 |
Schedule 2 Harbours and harbour quota
ss 5, 7, 8, 143(1), (2)
Part 1 Harbours and harbour entrance points
| Harbours | Entrance | Longitude | Latitude | ||
|---|---|---|---|---|---|
| North Island | |||||
| Parengarenga | North | 172°59.355′ | 34°31.343′ | ||
| South | 172°59.417′ | 34°31.846′ | |||
| Houhora | North | 173°09.348′ | 34°49.544′ | ||
| South | 173°09.264′ | 34°49.641′ | |||
| Rangaunu | North | 173°15.772′ | 34°53.061′ | ||
| South | 173°17.153′ | 34°51.843′ | |||
| Mangonui | North | 173°31.480′ | 34°58.927′ | ||
| South | 173°31.680′ | 34°58.798′ | |||
| Whangaroa | North | 173°45.418′ | 35°0.127′ | ||
| South | 173°46.011′ | 35°0.413′ | |||
| Upper Bay of Islands—Te Puna Inlet | North | 174°04.088′ | 35°11.740′ | ||
| South | 174°04.244′ | 35°12.779′ | |||
| Upper Bay of Islands—Waikare Inlet | North | 174°04.665′ | 35°14.709′ | ||
| South | 174°06.704′ | 35°15.135′ | |||
| Whangaruru | North | 174°22.531′ | 35°22.755′ | ||
| South | 174°22.167′ | 35°24.886′ | |||
| Whangarei | North | 174°31.791′ | 35°51.841′ | ||
| South | 174°30.057′ | 35°50.585′ | |||
| Mangawhai | North | 174°27.790′ | 35°53.984′ | ||
| South | 174°27.674′ | 35°54.479′ | |||
| Whitianga | North | 175°44.852′ | 36°47.563′ | ||
| South | 175°46.086′ | 36°49.305′ | |||
| Tairua | North | 175°52.061′ | 37°0.413′ | ||
| South | 175°51.798′ | 37°0.527′ | |||
| Tauranga—Katikati entrance | North | 175°59.492′ | 37°28.002′ | ||
| South | 175°59.745′ | 37°28.455′ | |||
| Tauranga—Mt Maunganui entrance | North | 176°09.646′ | 37°38.252′ | ||
| South | 176°10.086′ | 37°38.246′ | |||
| Ohiwa | North | 177°08.751′ | 37°59.276′ | ||
| South | 177°09.629′ | 37°59.377′ | |||
| Aotea and Kawhia—Kawhia | North | 174°46.862′ | 38°05.191′ | ||
| South | 174°46.460′ | 38°05.391′ | |||
| Aotea and Kawhia—Aotea | North | 174°47.829′ | 38°01.084′ | ||
| South | 174°47.981′ | 38°01.189′ | |||
| Raglan | North | 174°50.465′ | 37°48.089′ | ||
| South | 174°50.497′ | 37°48.318′ | |||
| Port Waikato | North | 174°42.540′ | 37°22.049′ | ||
| South | 174°42.312′ | 37°22.460′ | |||
| Manukau | North | 174°31.848′ | 37°02.052′ | ||
| South | 174°32.507′ | 37°02.950′ | |||
| Kaipara | North | 174°09.438′ | 36°23.270′ | ||
| South | 174°11.705′ | 36°25.989′ | |||
| Hokianga | North | 173°21.416′ | 35°31.511′ | ||
| South | 173°21.822′ | 36°32.553′ | |||
| Marlborough Sounds | |||||
| Croisilles Harbour | North | 173°40.262′ | 41°02.322′ | ||
| South | 173°35.629′ | 41°03.211′ | |||
| Pelorus Sound | North (Clay Point) | 174°01.398′ | 40°54.737′ | ||
| South (Alligator Head) | 174°09.531′ | 40°58.180′ | |||
| Queen Charlotte Sound (northern entrance) | North (Cape Jackson) | 174°18.896′ | 40°59.742′ | ||
| South (Cape Koamaru) | 174°22.957′ | 41°05.389′ | |||
| Queen Charlotte South (East and West Head entrance) | North (East Head) | 174°19.358′ | 41°12.748′ | ||
| South (West Head) | 174°18.913′ | 41°12.918′ |
Part 2 Harbour quota (expressed as quota shares)
| Fishstocks | BCO7 | ELE7 | FLA1 | FLA7 | GMU1 | GUR1 | RCO7 | SCH1 | SCH7 | SNA1 | SNA7 | SNA8 | SPO1 | SPO7 | TRE1 | TRE7 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Harbours | ||||||||||||||||
| Parengarenga | 34 000 | 50 000 | 2 000 | 40 000 | ||||||||||||
| Houhora | 8 000 | 20 000 | ||||||||||||||
| Rangaunu | 34 000 | 50 000 | 2 000 | 20 000 | ||||||||||||
| Mangonui | 34 000 | 60 000 | 2 000 | 30 000 | ||||||||||||
| Whangaroa | 34 000 | 26 000 | ||||||||||||||
| Upper Bay of Islands | 17 000 | 50 000 | 4 000 | 13 000 | ||||||||||||
| Whangaruru | 17 000 | 20 000 | 4 000 | 13 000 | ||||||||||||
| Whangarei | 168 000 | 300 000 | 75 000 | 22 000 | 64 000 | 467 000 | ||||||||||
| Mangawhai | 16 000 | 30 000 | 4 000 | 3 000 | ||||||||||||
| Whitianga | ||||||||||||||||
| Tairua | ||||||||||||||||
| Tauranga | 51 000 | 2 000 | 27 000 | 467 000 | ||||||||||||
| Ohiwa | 30 000 | |||||||||||||||
| Aotea and Kawhia | 24 000 | 50 000 | 4 000 | 13 000 | ||||||||||||
| Raglan | 24 000 | 50 000 | 4 000 | 13 000 | ||||||||||||
| Port Waikato | 16 000 | 700 000 | 13 000 | |||||||||||||
| Manukau | 827 000 | 1 749 000 | 9 000 | 100 | 7 000 | 667 000 | 125 000 | |||||||||
| Kaipara | 1 238 000 | 2 446 700 | 15 000 | 430 000 | 3 900 | 459 300 | 124 100 | |||||||||
| Hokianga | 80 000 | 80 000 | 45 000 | 18 000 | 64 000 | 66 000 | ||||||||||
| Marlborough Sounds | 160 000 | 590 000 | 96 000 | 16 000 | 94 000 | 250 000 | 90 000 |
| Fishstocks | BUT1 | BUT7 | COC1A | EMA1 | EMA7 | GAR1 | GAR7 | JMA1 | JMA7 | LEA2 | OYS7 | PAD1 | PAD7 | SPE1 | SPE7 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Harbours | |||||||||||||||
| Parengarenga | 700 | 160 | 3 800 | ||||||||||||
| Houhora | 400 | 100 | 1 900 | ||||||||||||
| Rangaunu | 3 300 | 700 | 17 100 | ||||||||||||
| Mangonui | 700 | 200 | 3 800 | ||||||||||||
| Whangaroa | 400 000 | 2 000 | 2 200 000 | 600 | 333 800 | 7 400 | |||||||||
| Upper Bay of Islands | 300 000 | 1 500 | 1 649 100 | 400 | 250 000 | 5 200 | |||||||||
| Whangaruru | 60 000 | 300 | 274 500 | 100 | 41 900 | 1 000 | |||||||||
| Whangarei | 760 000 | 20 000 000 | 3 800 | 4 123 600 | 1 100 | 625 000 | 13 300 | ||||||||
| Whitianga | 57 400 | ||||||||||||||
| Tauranga | 1 600 | 3 837 900 | 600 | 1 410 800 | |||||||||||
| Aotea/Kawhia | 900 | 100 | |||||||||||||
| Raglan | 200 | ||||||||||||||
| Port Waikato | 900 | ||||||||||||||
| Manukau | 100 | ||||||||||||||
| Kaipara | |||||||||||||||
| Marlborough Sounds | 5 549 200 | 16 796 700 | 64 300 | 271 200 | 20 000 000 | 406 800 | 2 340 000 |
| Fishstocks | SSK7 | SSK8 | SUR7A | YEM1 | YEM7 | YEM9 |
|---|---|---|---|---|---|---|
| Harbours | ||||||
| Parengarenga | ||||||
| Houhora | ||||||
| Rangaunu | ||||||
| Mangonui | ||||||
| Whangaroa | 911 100 | |||||
| Upper Bay of Islands | 684 400 | |||||
| Whangaruru | 113 300 | |||||
| Whangarei | 1 708 900 | |||||
| Whitianga | ||||||
| Tauranga | 4 522 500 | |||||
| Aotea/Kawhia | ||||||
| Raglan | 1 017 300 | |||||
| Port Waikato | 4 069 300 | |||||
| Manukau | 17 164 000 | 11 072 000 | ||||
| Kaipara | 920 000 | |||||
| Marlborough Sounds | 103 900 | 5 304 300 | 14 940 000 |
Schedule 3 Iwi (listed by groups of iwi) and notional iwi populations
Schedule 3 heading: amended, on 26 July 2026, by section 98 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
| Name of iwi and group | Notional iwi population | Percentage of total notional iwi population | Number of members required on register of iwi members to meet requirements of section 14(d) | ||||
|---|---|---|---|---|---|---|---|
| A | TAITOKERAU | ||||||
| Ngati Whatua | 13 113 | 1.931 | 3 000 | ||||
| Te Rarawa | 11 998 | 1.767 | 2 800 | ||||
| Te Aupouri | 8 168 | 1.203 | 2 100 | ||||
| Ngati Kahu | 7 244 | 1.067 | 1 900 | ||||
| Ngati Kuri | 4 841 | 0.713 | 1 400 | ||||
| Ngati Wai | 4 115 | 0.606 | 1 300 | ||||
| Ngapuhi/Ngati Kahu ki Whaingaroa | 2 040 | 0.300 | 800 | ||||
| Ngai Takoto | 509 | 0.075 | 200 | ||||
| 52 028 | 7.662 | ||||||
| B | NGAPUHI | ||||||
| Ngapuhi | 107 242 | 15.791 | 21 400 | ||||
| 107 242 | 15.791 | ||||||
| C | TAINUI | ||||||
| Waikato | 46 526 | 6.851 | 9 300 | ||||
| Ngati Maniapoto | 30 857 | 4.543 | 6 100 | ||||
| Iwi of Hauraki(1) | 13 622 | 2.006 | 3 100 | ||||
| Ngati Raukawa (ki Waikato) | 9 051 | 1.333 | 2 300 | ||||
| 100 056 | 14.733 | ||||||
| D | TE ARAWA WAKA | ||||||
| Te Arawa(2) | 40 533 | 5.968 | 8 100 | ||||
| Ngati Tuwharetoa | 34 226 | 5.040 | 6 800 | ||||
| 74 759 | 11.008 | ||||||
| E | MATAATUA | ||||||
| Tuhoe | 29 726 | 4.377 | 5 900 | ||||
| Ngati Awa | 13 252 | 1.951 | 3 000 | ||||
| Ngaiterangi | 10 451 | 1.539 | 2 500 | ||||
| Whakatohea | 10 107 | 1.488 | 2 500 | ||||
| Ngati Ranginui | 6 631 | 0.976 | 1 700 | ||||
| Ngai Tai | 2 266 | 0.334 | 900 | ||||
| Ngati Manawa | 1 567 | 0.231 | 600 | ||||
| Ngati Pukenga | 1 243 | 0.183 | 500 | ||||
| Ngati Whare | 701 | 0.103 | 300 | ||||
| 75 944 | 11.182 | ||||||
| F | POROURANGI | ||||||
| Ngati Porou | 63 613 | 9.367 | 12 700 | ||||
| Te Whanau a Apanui | 10 113 | 1.489 | 2 500 | ||||
| 73 726 | 10.856 | ||||||
| G | TAKITIMU | ||||||
| Ngati Kahungunu | 53 478 | 7.874 | 10 600 | ||||
| Te Aitanga a Mahaki | 4 501 | 0.663 | 1 400 | ||||
| Rongowhakaata | 3 728 | 0.549 | 1 300 | ||||
| Ngai Tamanuhiri | 1 207 | 0.178 | 500 | ||||
| 62 914 | 9.264 | ||||||
| H | HAUAURU | ||||||
| Te Atiawa (Taranaki) | 14 147 | 2.083 | 3 200 | ||||
| Te Atihaunui a Paparangi | 9 780 | 1.440 | 2 400 | ||||
| Taranaki | 6 001 | 0.884 | 1 600 | ||||
| Ngati Ruanui | 5 675 | 0.836 | 1 500 | ||||
| Rangitane (North Island) | 3 321 | 0.489 | 1 200 | ||||
| Nga Rauru | 3 285 | 0.484 | 1 200 | ||||
| Nga Ruahine | 3 276 | 0.482 | 1 200 | ||||
| Ngati Apa (North Island) | 2 461 | 0.362 | 900 | ||||
| Muaupoko | 1 901 | 0.280 | 800 | ||||
| Ngati Mutunga (Taranaki) | 1 652 | 0.243 | 700 | ||||
| Ngati Tama (Taranaki) | 1 201 | 0.177 | 500 | ||||
| Ngati Hauiti | 1 039 | 0.153 | 400 | ||||
| Ngati Maru (Taranaki) | 907 | 0.134 | 400 | ||||
| 54 646 | 8.047 | ||||||
| I | TE MOANA O RAUKAWA | ||||||
| Ngati Raukawa (ki te Tonga) | 19 698 | 2.900 | 3 900 | ||||
| Ngati Toa Rangatira | 5 202 | 0.766 | 1 500 | ||||
| Te Atiawa (Wellington) | 1 761 | 0.259 | 760 | ||||
| Te Atiawa (Te Tau Ihu) | 1 965 | 0.289 | 800 | ||||
| Ngati Kuia | 1 266 | 0.186 | 500 | ||||
| Rangitane (Te Tau Ihu) | 1 258 | 0.185 | 500 | ||||
| Ngati Koata | 885 | 0.130 | 400 | ||||
| Ngati Rarua | 805 | 0.119 | 400 | ||||
| Ngati Apa ki te Waipounamu | 649 | 0.096 | 300 | ||||
| Ngati Tama (Te Tau Ihu) | 628 | 0.092 | 300 | ||||
| Atiawa ki Whakarongotai | 493 | 0.073 | 200 | ||||
| 34 610 | 5.095 | ||||||
| J | WAIPOUNAMU/REKOHU | ||||||
| Ngai Tahu | 41 496 | 6.110 | 8 200 | ||||
| Ngati Mutunga (Chathams) | 1 132 | 0.167 | 500 | ||||
| Moriori | 601 | 0.088 | 300 | ||||
| 43 229 | 6.365 | ||||||
| Total notional iwi population | 679 154 | ||||||
Notes—Iwi of Hauraki and Te Arawa
(1)
The iwi of Hauraki, whose notional population is set out in column 2 of this schedule, must be treated as one iwi for the purposes of Part 3.
The iwi of Hauraki are:
Ngati Hako
Ngati Hei
Ngati Maru
Ngati Paoa
Patukirikiri
Ngati Porou ki Harataunga, ki Mataroa
Ngati Pukenga ki Waiau
Ngati Rahiri Tumutumu
Ngai Tai
Ngati Tamatera
Ngati Tara Tokanui
Ngati Whanaunga.
(2)
The iwi of Te Arawa, whose notional population is set out in column 2 of this schedule, must be treated as one iwi for the purposes of Part 3.
The iwi of Te Arawa are:
Ngati Makino
Ngati Pikiao
Ngati Rangiteaorere
Ngati Rangitihi
Ngati Rangiwewehi
Ngati Tahu/Ngati Whaoa
Tapuika
Tarawhai
Tuhourangi
Te Ure o Uenuku-Kopako/Ngati Whakaue
Waitaha.
Schedule 4 Organisations that are recognised iwi organisations (as at the commencement of this Act)
| Name of iwi and group | Organisation | ||
|---|---|---|---|
| A | TAITOKERAU | ||
| Ngati Whatua | Te Runanga o Ngati Whatua | ||
| Te Rarawa | Te Runanga o Te Rarawa | ||
| Ngati Kahu | Te Runanga-a-iwi o Ngati Kahu | ||
| Ngati Kuri | Ngatikuri Trust Board Incorporated | ||
| Ngati Wai | Ngati Wai Trust Board | ||
| Ngapuhi/Ngati Kahu ki Whaingaroa | Te Runanga o Whaingaroa | ||
| Ngai Takoto | RONAN Trust | ||
| B | NGAPUHI | ||
| Ngapuhi | Te Runanga a Iwi o Ngapuhi | ||
| C | TAINUI | ||
| Waikato | Waikato Raupatu Lands Trust | ||
| Ngati Maniapoto | Maniapoto Maori Trust Board | ||
| Iwi of Hauraki | Hauraki Maori Trust Board | ||
| Ngati Raukawa (ki Waikato) | Raukawa Trust Board | ||
| D | TE ARAWA WAKA | ||
| Te Arawa (ten iwi) | Te Kotahitanga o Te Arawa Waka Fisheries Trust Board | ||
| Ngati Tuwharetoa | Ngati Tuwharetoa Marine Fisheries Committee | ||
| E | MATAATUA | ||
| Tuhoe | Tuhoe-Waikaremoana Maori Trust Board | ||
| Ngati Awa | Te Runanga o Ngati Awa | ||
| Ngaiterangi | Ngaiterangi Iwi Society Incorporated | ||
| Whakatohea | Whakatohea Maori Trust Board | ||
| Ngati Ranginui | Ngati Ranginui Iwi Society Incorporated | ||
| Ngai Tai | Ngaitai Iwi Authority | ||
| Ngati Manawa | Te Runanga o Ngati Manawa | ||
| Ngati Pukenga | Ngati Pukenga Iwi ki Tauranga Society Incorporated | ||
| Ngati Whare | Te Runanga o Ngati Whare Iwi Trust | ||
| F | POROURANGI | ||
| Ngati Porou | Te Runanga o Ngati Porou | ||
| Te Whanau a Apanui | Te Runanga o Te Whanau | ||
| G | TAKITIMU | ||
| Ngati Kahungunu | Ngati Kahungunu Iwi Incorporated | ||
| Te Aitanga a Mahaki | Te Aitanga a Mahaki Trust | ||
| Rongowhakaata | Rongowhakaata Charitable Trust | ||
| Ngai Tamanuhiri | Ngai Tamanuhiri Whanui Charitable Trust | ||
| H | HAUAURU | ||
| Te Atiawa (Taranaki) | Te Atiawa Iwi Authority Incorporated | ||
| Te Atihaunui a Paparangi | Whanganui River Maori Trust Board | ||
| Taranaki | Te Runanga o Taranaki Iwi Incorporated | ||
| Ngati Ruanui | Te Runanga o Ngati Ruanui Trust | ||
| Rangitane (North Island) | Te Runanganui o Rangitane Incorporated | ||
| Nga Rauru | Nga Rauru Iwi Authority Society Incorporated | ||
| Nga Ruahine | Nga Ruahine Iwi Authority | ||
| Ngati Apa (North Island) | Te Runanga o Ngati Apa Society Incorporated | ||
| Muaupoko | Muaupoko Tribal Authority Incorporated | ||
| Ngati Mutunga (Taranaki) | Ngati Mutunga Iwi Authority Incorporated | ||
| Ngati Tama (Taranaki) | Te Runanga o Ngati Tama | ||
| Ngati Hauiti | Te Runanga o Ngati Hauiti | ||
| Ngati Maru (Taranaki) | Ngati Maru Pukehou Trust | ||
| I | TE MOANA O RAUKAWA | ||
| Ngati Raukawa (ki te Tonga) | Te Runanga o Raukawa Incorporated | ||
| Ngati Toa Rangatira | Te Runanga o Toa Rangatira Incorporated | ||
| Te Atiawa (Te Tau Ihu) | Te Atiawa Manawhenua ki te Tau Ihu Trust | ||
| Ngati Kuia | Te Runanga o Ngati Kuia Charitable Trust | ||
| Rangitane (Te Tau Ihu) | Te Runanga a Rangitane o Wairau Incorporated | ||
| Ngati Koata | Ngati Koata No Rangitoto ki te Tonga Trust | ||
| Ngati Rarua | Ngati Rarua Iwi Trust | ||
| Ngati Apa ki te Waipounamu | Ngati Apa ki te Ra To Incorporated | ||
| Ngati Tama (Te Tau Ihu) | Ngati Tama Manawhenua ki te Tau Ihu Trust | ||
| Atiawa ki Whakarongotai | Te Runanga o Ati Awa ki Whakarongotai Incorporated | ||
| J | WAIPOUNAMU/REKOHU | ||
| Ngai Tahu | Te Runanga o Ngai Tahu | ||
| Moriori | Hokotehi Moriori Trust | ||
Schedule 5 Representative Maori organisations
Federation of Maori Authorities
Manukau Urban Maori Authority
Maori Women’s Welfare League
New Zealand Maori Council
Te Runanga o Nga Maata Waka Incorporated
Te Runanganui o te Upoko o Te Ika Association Incorporated
Te Whanau O Waipareira Trust.
Schedule 6 Methodology for determination of coastline entitlements
1 Overview of methodology and status of examples
(1)
The methodology by which the coastline entitlements of iwi must be determined in respect of quota management stocks comprises—
(a)
the process set out in clauses 2 to 11 which must be followed in making determinations under section 11; and
(b)
a geographic information system computation model, described in clauses 12 to 14, that is based on—
(i)
a specified map database of the coastline of New Zealand; and
(ii)
specified decision rules; and
(iii)
matters relevant to creating and maintaining the computation model.
(2)
An example used in this schedule is only illustrative of the provision to which it relates, and does not limit the provision.
(3)
If an example and the provision to which it relates are inconsistent, the provision prevails.
Part 1 Determination of coastline entitlements
Process for making coastline claim
2 Interpretation
In this Part,—
affected iwi means, in relation to a coastline claim for a particular quota management stock, an iwi whose mandated iwi organisation has made, or is likely to make, coastline claims that abut, overlap, or are contained within, the specified points used in the coastline claims of the claimant iwi for that stock
coastal boundary point means any point on the mean high-water mark whose co-ordinates are defined under the Fisheries Act 1996
coastal endpoint means a point on the mean high-water mark that is defined in the description of a quota management area under the Fisheries Act 1996
harbour entrance point means a point on the mean high-water mark on either the northern or southern entrance of the harbour, the co-ordinates of which are listed in Part 1 of Schedule 2
specified point means a point on the coastline that complies with clause 3(2)(b).
3 Method of making coastline claim
(1)
To enable Te Ohu Kai Moana Trustee Limited to make a determination of the coastline entitlements of an iwi as required by section 11, the mandated iwi organisation of that iwi must submit to Te Ohu Kai Moana Trustee Limited—
(a)
a coastline claim for each quota management stock included in Schedule 1 for which the iwi is entitled to receive an allocation based on coastline under sections 140 to 142; and
(b)
coastline claims for each stock for which harbour quota is listed in Part 2 of Schedule 2 and for which the iwi is entitled to receive an allocation under section 143.
(2)
A coastline claim for each stock must identify—
(a)
the quota management stock; and
(b)
2 specified points on the coastline, each of which must be—
(i)
a coastal boundary point; or
(ii)
a harbour entrance point; or
(iii)
a point on the mean high-water mark with co-ordinates certified by a registered cadastral surveyor; and
(c)
a percentage representing the proportion of the coastline between the 2 specified points that the mandated iwi organisation is claiming for that stock; and
(d)
all affected iwi for that claim.
(3)
A coastline claim submitted under this clause may—
(a)
contain all, or only some, of the coastline claims necessary to enable Te Ohu Kai Moana Trustee Limited to determine all the coastline entitlements for the mandated iwi organisation, as required by section 130(3)(b):
Example relating to clause 3
Either of the points may be a point on the mean high-water mark taken from the description of the relevant quota management area boundary for the stock, as set out in Part 3 of Schedule 1 of the Fisheries Act 1996 or otherwise defined under that Act.
If the 2 specified points mark out the 2 extremities of a claimant’s territory, the percentage claimed would be 100%.
If a mandated iwi organisation has agreed a percentage split with other mandated iwi organisations, they may set out the points marking out the whole area to which the agreement relates, and the percentage of that area assigned by agreement to the claimant iwi.
4 Interim coastline claims
(1)
If 2 mandated iwi organisations are unable to reach agreement to allow their coastline claims to be made under clause 3, but are able to agree in writing to the geographical extent of the coastline under dispute, each may submit an interim coastline claim based on the undisputed coastline.
(2)
An interim coastline claim must comply with the requirements of clause 3, except that it must exclude the area of coastline under dispute.
(3)
(4)
An interim coastline entitlement for a quota management stock satisfies the requirements of section 130(3)(b) for that stock.
Example relating to clauses 4 and 5
Interim and supplementary claims
Iwi A and iwi B have overlapping claims to a section of coastline. They sign an agreement to exclude the coastline between points X and Y. They may then make interim coastline claims as provided for by clause 3(3)(b), which may allow them to qualify for allocation of settlement assets. The quota allocated on the basis of the coastline length between points X and Y must be held back by Te Ohu Kai Moana Trustee Limited until the dispute is resolved.
Following allocation on this basis, where iwi are unable to agree on a boundary point within the section of coastline between points X and Y, they may be able to agree on a percentage split for that section without nominating a boundary point. This is provided for in clause 3.
For example, iwi A and B may agree that, in order to finalise the allocation of settlement quota without conceding to the relevance of a particular point on the coast as a tribal boundary,—
40% of the quota to be allocated on the basis of the disputed coastline should go to iwi A; and
60% to iwi B.
Both iwi could then submit a supplementary coastline claim to Te Ohu Kai Moana Trustee Limited as provided for by clause 3(3)(b), nominating points X and Y as the specified points and the agreed percentage for their iwi (40% for iwi A and 60% for iwi B).
(5)
To avoid doubt, this clause does not apply to a claim for harbour quota.
Schedule 6 Part 1 clause 4(5): added, on 13 December 2006, by section 8(1) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
5 Supplementary coastline claims
(1)
If, after the registration of an interim coastline entitlement, a dispute referred to in clause 4(1) is resolved, the affected mandated iwi organisations may make supplementary coastline claims for relevant stocks within the coastline that was the subject of the dispute.
(2)
A supplementary coastline claim—
(a)
must be made—
(i)
using the method set out in clause 3; and
(ii)
solely in respect of the coastline previously in dispute; and
(b)
must not be submitted as an interim coastline claim for the coastline previously in dispute.
6 Endorsements required in support of claim
(1)
Any coastline claim submitted under clause 3 must be accompanied by endorsements from the mandated iwi organisation of each iwi that is an affected iwi in respect of the claim.
(2)
Endorsements may be presented in the form of either or both of the following:
(a)
copies of signed multi-party mandated iwi organisation agreements that include the affected iwi:
(b)
signed written statements from the mandated iwi organisations of the affected iwi.
(3)
Agreements or statements presented under subclause (2) must set out—
(a)
the stocks for which the iwi is an affected iwi for the purpose of the claims being made; and
(b)
for each stock, the agreement of the mandated iwi organisation of the affected iwi to the specified point or points in respect of which it is an affected iwi; and
(c)
for each stock for which the mandated iwi organisation of the affected iwi has made or intends to make a coastline claim between the specified points identified for that stock by the claimant, the agreement of the mandated iwi organisation of the affected iwi to the percentage stated in the coastline claim; and
(d)
in the case of an agreement supporting an interim coastline claim under clause 4, 2 specified points that define the disputed portion of coastline.
(4)
The co-ordinates of all specified points, except harbour entrance points or coastal boundary points, must be supported in a report from a registered cadastral surveyor.
(5)
If any part of a claim has been the subject of dispute resolution under clause 9, the documentation of that process may be used to support a claim instead of the endorsements referred to in subclause (1), but the documentation must clearly set out the information required under subclause (3).
7 Agreements
Before a mandated iwi organisation submits a claim under clause 3 to Te Ohu Kai Moana Trustee Limited, it must take reasonable steps to reach agreements, in relation to the data required by clause 3(2), with every affected iwi as to the matters set out under clause 6(3)(a) to (c).
8 Registration of agreements
(1)
A mandated iwi organisation may, at any time, request Te Ohu Kai Moana Trustee Limited to verify and subsequently place on the iwi register any agreement made by mandated iwi organisations relating to coastline claims to which it is a party.
(2)
If a request is made under subclause (1), Te Ohu Kai Moana Trustee Limited must attempt to verify the agreement by the procedures set out in clause 10.
(3)
If Te Ohu Kai Moana Trustee Limited is able to verify an agreement under subclause (2), it must record the details of the agreement on the iwi register.
(4)
The registration of an agreement under this clause binds the parties to the terms of the agreement for any coastline claims to which it is relevant, unless the agreement is withdrawn by written consent of all the parties.
9 Dispute resolution
(1)
If a mandated iwi organisation is unable to reach an agreement required by clause 7, the dispute must be resolved in accordance with sections 181 and 182.
(2)
Once resolutions are reached under the dispute resolution process,—
(a)
the points and percentages settled in that process must be included in any relevant coastline claim submitted under clause 3(1); and
(b)
the signed documentation of the resolution of the dispute must be included with the endorsement of the claim required by clause 6(1).
Process for verifying coastline claims and determining entitlements
10 Verification of coastline claim
(1)
After receiving a coastline claim under clause 3, Te Ohu Kai Moana Trustee Limited must—
(a)
attempt to verify that all the data required by clause 3 or clause 6(3)(d) has been supplied for each stock for which a claim is made; and
(b)
attempt to verify that each specified point is—
(i)
a coastal boundary point; or
(ii)
a harbour entrance point; or
(iii)
is shown as a co-ordinate that has been provided by, and is supported in a report from, a registered cadastral surveyor; and
(c)
satisfy itself that,—
(i)
for each stock for which a coastline claim is made, there are endorsements as required by clause 6(1); and
(ii)
if a claim for a stock is for less than 100% of the coastline between the specified points, the total of the percentages of the coastline between the specified points assigned to the iwi in the agreement supporting that claim is 100%; and
(iii)
if any part of a coastline claim has been the subject of a dispute resolution process in accordance with clause 9, there is appropriately authorised documentation of the outcome of the process to support the claim.
(2)
If Te Ohu Kai Moana Trustee Limited is not able to verify an aspect of a coastline claim, it must refer that matter back to the claimant.
(3)
A claimant may clarify the matter referred to it under subclause (2) and resubmit its coastline claim in respect of the affected quota management stocks.
10A Determination of entitlements for harbour quota
(1)
This clause applies when Te Ohu Kai Moana Trustee Limited, after receiving a coastline claim for harbour quota,—
(a)
has verified the matters set out in clause 10(1)(a) and (b); and
(b)
is satisfied as to the matters set out in clause 10(1)(c).
(2)
Te Ohu Kai Moana Trustee Limited must determine coastline entitlements for harbour quota by multiplying the percentage set out in the claim (as required by clause 3(2)(c)) by the total number of harbour quota shares for the relevant stock and harbour.
(3)
For each harbour quota stock, the percentage set out in the claim and the number of shares resulting from the calculation made under subclause (2) together describe the coastline entitlement for the claimant iwi.
Schedule 6 Part 1 clause 10A: inserted, on 13 December 2006, by section 8(2) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
11 Determination of entitlements other than for harbour quota
(1)
Before the determination of a coastline entitlement under this clause, Te Ohu Kai Moana Trustee Limited must determine the length of the relevant quota management area by applying the 2 coastal endpoints for the area as input to the computation model described in Part 2 of this schedule.
(2)
When Te Ohu Kai Moana Trustee Limited has verified the matters set out in clause 10(1)(a) and (b) and is satisfied of the matters set out in clause 10(1)(c), it must determine coastline entitlements as follows:
(a)
for each coastline claim, the data representing the 2 specified points must be applied as input to the computation model to produce output that represents the coastline length between the 2 points; and
(b)
using the coastline length of the relevant quota management area determined under subclause (1), the percentage of the quota management area coastline represented by the result obtained from the calculation under paragraph (a) must be determined; and
(c)
the result obtained from the determination under paragraph (b) must be multiplied by the percentage set out in the claim, as required by clause 3(2)(c); and
(d)
the result obtained from the calculation under paragraph (c) must be multiplied by the total number of settlement quota shares to be allocated on the basis of coastline for the stock that is the subject of the claim.
(3)
For each stock, the results obtained from calculations made under subclause (2)(c) and (d) together describe the coastline entitlement for the claimant iwi.
Examples for clause 11
If the stock is an inshore stock, the entitlement is a percentage of the total settlement quota for that stock, and the equivalent number of quota shares.
If the stock is a deepwater stock, the entitlement is a percentage of the part of the settlement quota that is allocated on the basis of coastline (ie, 25% of the total settlement quota for the stock, and the equivalent number of quota shares).
Schedule 6 Part 1 clause 11 heading: amended, on 13 December 2006, by section 8(3) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
11A Recalculation of entitlements
(1)
Subsection (2) applies if—
(a)
the number of shares for a stock available for distribution is reduced by the application of section 23(1) of the Fisheries Act 1996 as a result of accrued rights arising under section 28N of the Fisheries Act 1983; and
(b)
an iwi entitlement to a stock has been calculated and registered under clause 10A or 11; but
(c)
the quota shares have not been transferred to the iwi.
(2)
Te Ohu Kai Moana Trustee Limited must recalculate the number of shares of the entitlement and amend the register.
Schedule 6 Part 1 clause 11A: inserted, on 13 December 2006, by section 8(4) of the Maori Fisheries Amendment Act 2006 (2006 No 78).
Part 2 Computation model
12 Requirement for computation model
(1)
Before making the first calculation of coastline lengths to be used to determine coastline entitlements for the purposes of section 11, Te Ohu Kai Moana Trustee Limited must ensure that an appropriate computation model is created for the purpose of calculating coastline lengths between 2 specified coordinates on the mean high-water mark.
(2)
Te Ohu Kai Moana Trustee Limited must ensure that, after the first application under clause 11 of the computation model to produce results to be used to determine a coastline entitlement, there are no alterations to—
(a)
the software, algorithms, or computer code of the model; or
(b)
the specified baselines; or
(c)
the specified decision rules; or
(d)
the hardware platform for the model.
(3)
Subclause (2) does not exclude alterations to the model unless the alteration would mean that a recalculation of a coastline length, using the input data used for a completed determination under clause 11, would produce an output differing from the original result by more than 1%.
(4)
Te Ohu Kai Moana Trustee Limited must ensure that the records of all input data applied to, and output data derived from, the computation model for determining coastline entitlements are preserved for not less than 10 years.
13 Specified baselines
(1)
The computation model used for determining coastline entitlements must use the following baselines:
(a)
the map database created for the purpose by Land Information New Zealand from the 1:50 000 topographical map series; and
(b)
the coastal endpoints of each quota management area; and
(c)
the harbour entrance points.
(2)
Coastlines must be defined along the line of the mean high-water mark.
(3)
For each quota management area, Te Ohu Kai Moana Trustee Limited must specify a date upon which the coastal endpoints referred to in subclause (1) are definitive, and any later change to the quota management area under the Fisheries Act 1996 has no effect for the purpose of determining coastline entitlements under this Act.
14 Decision rules for computation model
The calculation of coastline lengths must be based on the following decision rules in relation to the specified geographical features:
River mouth
(a)
Rivers are cut off where the mean high-water mark meets the natural entrance points of the river, and the distance across the river mouth is included in the coastline length.
Bays
(b)
A bay is an indentation of the coast,—
(i)
the area of which is not less than the area of a semicircle with a diameter drawn across the mouth of the indentation; and
(ii)
the length of the diameter referred to in subparagraph (i) is 10 km or less.
(c)
The straight line drawn across the mouth of a bay is substituted for the actual coastline of the bay in the calculation of coastline length.
(d)
The presence of islands at the mouth of, or within, an indentation does not affect the calculations necessary to determine whether an indentation is a bay.
Offshore islands
(e)
An offshore island is a naturally formed area of land that, at mean high-water tides, is—
(i)
surrounded by water; but
(ii)
not submerged by water.
(f)
The coastlines of the following offshore islands must be counted as coastlines of the relevant quota management areas:
(i)
Stewart/Rakiura:
(ii)
Great Barrier/Aotea:
(iii)
Motiti.
(g)
The coastlines of other offshore islands must be counted as coastlines of the relevant quota management area if Te Ohu Kai Moana Trustee Limited is satisfied that 1 or more iwi have—
(i)
ahi kaaroa (both long-term and current habitation on the island); and
(ii)
a traditional and separate fishery associated with the island; and
(iii)
current occupation of the island, as shown by the presence of marae and other communal structures.
Chatham Islands
(h)
For the purpose of calculating the coastline in the Chatham zone, only the coastlines of the following islands are relevant:
(i)
Chatham Island; and
(ii)
Pitt Island.
Schedule 7 Kaupapa applying to constitutional documents of mandated iwi organisations
The kaupapa set out in this schedule—
(a)
must be provided for in the constitutional documents of every mandated iwi organisation; but
(b)
only apply for the purposes of this Act.
Kaupapa of iwi representation
Kaupapa 1
(1)
All adult members of an iwi must have the opportunity, at intervals not exceeding 3 years, to participate in the election of 1 or more of the directors, trustees, or officeholders, as the case may be, of the mandated iwi organisation of the iwi.
(2)
Elections for individual offices may be held at different times, and for different terms of office. However, no person elected to office may hold office for a period longer than 3 years without facing re-election.
Kaupapa 2
All adult members of an iwi—
(a)
have voting rights—
(i)
in elections for the appointment of 1 or more of the directors, trustees, or other officeholders of the mandated iwi organisation in accordance with the constitutional documents; and
(ii)
on amendments to the constitutional documents of the mandated iwi organisation; and
(iii)
on the recognition of a new mandated iwi organisation in place of the existing mandated iwi organisation; and
(iv)
on any other matter specified in the constitutional documents as a matter on which they have voting rights; and
(b)
may put forward proposals for constitutional change for the consideration of the directors, trustees, or other officeholders, as the case may be.
Kaupapa 3
(1)
A mandated iwi organisation must ensure that voting rights of iwi members are able to be exercised at appropriate times in an election of directors, trustees, or other officeholders, in accordance with the constitutional documents and policies of the mandated iwi organisation, but iwi members have no right to vote in respect of the appointment of the employees of a mandated iwi organisation.
(2)
If a mandated iwi organisation has electronic voting facilities, every adult member of the iwi has the right to vote by electronic means, but electronic voting must not be the only means by which a member may vote.
Notification of meetings
Kaupapa 4
(1)
A general meeting of a mandated iwi organisation must be notified by a public notice that must include—
(a)
the date and time of the meeting and its venue; and
(b)
the agenda for the meeting; and
(c)
where any relevant explanatory documents may be viewed or obtained; and
(d)
any other information specified by or under this Act.
(2)
In the case of the general meeting of a mandated iwi organisation required by section 17(2) (which relates to ratification of the constitutional documents of the mandated iwi organistion), the meeting must be notified by both—
(a)
a public notice that gives—
(i)
the information required under subclause (1); and
(ii)
advice that a vote is to be taken to ratify the constitutional documents of the mandated iwi organisation; and
(b)
a private notice, sent to every adult member on the register of iwi members, that gives—
(i)
the information required for the public notice; and
(ii)
a copy of the ballot paper for the vote to be taken at the meeting; and
(iii)
advice as to the address to which, and the date by which, the completed ballot paper must be returned.
(3)
In the case of a general meeting of a mandated iwi organisation required by kaupapa 2 (which relates to elections) or by section 18 (which relates to changing a constitutional document), the mandated iwi organisation—
(a)
must give a public notice that includes—
(i)
the information required under subclause (1)(a); and
(ii)
the matter or issues on which the vote is to be taken; and
(b)
must give a private notice with the information required under subclause (2)(b) to any adult member of the iwi who,—
(i)
at the time of registering on the register of iwi members, made a written request to be sent a private notice and postal ballot papers for every meeting relating to 1 or more of the relevant provisions; or
(ii)
whether or not on the register, makes a written request for a private notice in respect of a particular meeting.
(4)
However, in the case of a general meeting of a mandated iwi organisation required by section 18B(4) (which relates to recognition of a new organisation in place of the existing organisation), the meeting must be notified by both—
(a)
a public notice that includes—
(i)
the information required under subclause (1); and
(ii)
advice that a vote is to be taken to approve the proposal to have the new organisation recognised in place of the existing organisation; and
(iii)
if the new organisation seeks recognition by meeting the criteria in section 14, advice that a vote is to be taken to ratify the constitutional documents of the new organisation; and
(b)
a private notice, sent to every adult member on the register of iwi members, that includes—
(i)
the information required for the public notice; and
(ii)
a copy of the ballot paper for the vote or votes to be taken at the meeting; and
(iii)
advice as to the address to which, and the date by which, the completed ballot paper must be returned.
Iwi membership
Kaupapa 5
Every mandated iwi organisation must—
(a)
have, and maintain in a current state, a register of iwi members—
(i)
that includes the name, date of birth, and contact details of every member of the iwi who applies for registration; and
(ii)
that is available for inspection by registered members of the iwi; and
(b)
provide for—
(i)
adult members of the iwi to register themselves; and
(ii)
other members to be registered by a parent or legal guardian; and
(iii)
persons registering on the register of iwi members to be able to state whether they wish to receive a private notice for general meetings and postal ballot papers relating to the matters listed in subclause (3) of kaupapa 4; and
(c)
make ongoing efforts to register all iwi members.
Kaupapa 6
(1)
The policy of a mandated iwi organisation relating to the rights of whangai or other persons who do not descend from a primary ancestor of the iwi must be—
(a)
determined in accordance with the tikanga of the iwi; and
(b)
stated in the constitutional documents of the mandated iwi organisation
(2)
In this kaupapa, whangai refers to a person adopted by a member of an iwi in accordance with the tikanga of that iwi, but who does not descend from a primary ancestor of the iwi.
Accountability
Kaupapa 7
(1)
Every mandated iwi organisation is accountable for its performance to all the members of the iwi, including members not living within its territory, and therefore has reporting responsibilities in relation to—
(a)
its own performance; and
(b)
the performance of—
(i)
its asset-holding companies; and
(ii)
any joint venture or other entity that conducts business using the settlement assets of the mandated iwi organisation.
(2)
Each year, each mandated iwi organisation must hold a general meeting at which it provides an opportunity for the members of the iwi to consider—
(a)
the annual report for the previous financial year, made available not less than 20 working days before the meeting, that reports against the objectives set out in the annual plan for the previous year, including—
(i)
information on the steps taken by the mandated iwi organisation to increase the number of registered members; and
(ii)
a comparison of its performance against the objectives set out in the annual plan, including—
(A)
changes in shareholder or member value; and
(B)
dividend performance or profit distribution; and
(iii)
the annual audited financial report, prepared in accordance with generally accepted accounting practice, and accounting serparately for settlement cash assets; and
(iv)
a report giving information of the sales and exchanges of settlement quota in the previous year, including—
(A)
the quantity of settlement quota held by the asset-holding company of the mandated iwi organisation in that year; and
(B)
the value of settlement quota sold or exchanged; and
(C)
the identity of the purchaser or other party to the exchange; and
(D)
any transaction with settlement quota that has resulted in a registered interest by way of caveat or mortgage being placed over the quota; and
(E)
the settlement quota interests that have been registered against the quota shares of the mandated iwi organisation; and
(F)
the value of ordinary shares sold, exchanged, or acquired; and
(v)
a report on the interactions of the mandated iwi organisation in fisheries matters—
(A)
with other entities within the iwi; and
(B)
with other mandated iwi organisations; and
(C)
with Te Ohu Kai Moana Trustee Limited; and
(D)
with Aotearoa Fisheries Limited; and
(vi)
any changes made under section 18 to the constitutional documents of the mandated iwi organisation or those of its asset-holding companies or any subsidiaries of the asset-holding companies; and
(b)
an annual plan for the next financial year, that must include—
(i)
the objectives of the annual plan; and
(ii)
the policy of the mandated iwi organisation in respect of sales and exchanges of settlement quota and the acquisition of shares in Aotearoa Fisheries Limited; and
(iii)
any changes in that policy from the policy for the previous year; and
(iv)
any proposal to change the constitutional documents of any fishing company owned by the mandated iwi organisation; and
(c)
in relation to every asset-holding company of a mandated iwi organisation or any subsidiary of an asset-holding company that receives settlement assets,—
(i)
an annual report on—
(A)
the performance of that asset-holding company or any of its subsidiaries; and
(B)
the investment of money of that asset-holding company or any of its subsidiaries; and
(C)
the matters set out in paragraph (b) of kaupapa 11; and
(ii)
any proposal to change the constitutional documents of the asset-holding company or any of its subsidiaries.
(3)
Information referred to in this kaupapa must be made available in writing on request by any member of the iwi.
Kaupapa 8
There must be a dispute resolution mechanism to deal with disputes between members of the iwi and the mandated iwi organisation relating to matters arising under this Act, including a means to deal with disputes raised by persons whose applications for registration are not accepted.
Ownership of iwi fisheries assets
Kaupapa 9
(1)
If a mandated iwi organisation wishes to have its own fishing operation, utilising annual catch entitlement from its settlement quota to harvest, process, or market fish, or to be involved in a joint venture for those purposes, it must establish a fishing enterprise separate from, but responsible to, the mandated iwi organisation to undertake those operations.
(2)
An enterprise set up to undertake such operations must be a separate entity from the asset-holding company or subsidiary established by an asset-holding company to which any settlement quota or ordinary shares of the iwi are transferred.
Governance
Kaupapa 10
[Repealed]Kaupapa 11
Every mandated iwi organisation must—
(a)
exercise strategic governance over its asset-holding companies, any subsidiary of an asset-holding company, and any fishing company or joint venture referred to in kaupapa 9; and
(b)
direct the exercise of the rights of a shareholder in Aotearoa Fisheries Limited held by any of its asset-holding companies or their subsidiaries; and
(c)
exercise strategic governance over the process to examine and approve annual plans that set out—
(i)
the key strategies for the use and development of iwi fisheries assets:
(ii)
the expected financial return on the assets:
(iii)
any programme to—
(A)
manage the sale of annual catch entitlements derived from the settlement quota held by asset-holding companies or their subsidiaries:
(B)
reorganise the settlement quota held by asset-holding companies or their subsidiaries by buying and selling or exchanging settlement quota in accordance with this Act.
Schedule 7 kaupapa 1(1): amended, on 26 July 2026, by section 99(1) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Schedule 7 kaupapa 2(a): replaced, on 26 July 2026, by section 99(2) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Schedule 7 kaupapa 4(3): amended, on 26 July 2026, by section 99(3) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Schedule 7 kaupapa 4(4): added, on 16 September 2011, by section 9(2) of the Maori Fisheries Amendment Act 2011 (2011 No 74).
Schedule 7 kaupapa 7(2)(a)(iv)(F): amended, on 26 July 2026, by section 99(4) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Schedule 7 kaupapa 7(2)(a)(v)(D): inserted, on 26 July 2026, by section 99(5) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Schedule 7 kaupapa 7(2)(b)(ii): amended, on 26 July 2026, by section 99(6) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Schedule 7 kaupapa 9(2): amended, on 26 July 2026, by section 99(7) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Schedule 7 kaupapa 10: repealed, on 26 July 2026, by section 99(8) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Schedule 7 kaupapa 11: replaced, on 26 July 2026, by section 99(9) of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Schedule 8 Te Kawai Taumata
[Repealed]Schedule 8: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Part 1 Procedures for appointments of members and alternate members of Te Kawai Taumata
[Repealed]Schedule 8 Part 1: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Appointments[Repealed]
Heading: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
1 Appointment of Te Kawai Taumata members
[Repealed]Schedule 8 clause 1: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
2 Purpose of meetings
[Repealed]Schedule 8 clause 2: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
3 Voting to appoint or remove members or alternate members
[Repealed]Schedule 8 clause 3: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
4 Vacancies or irregularities in appointment
[Repealed]Schedule 8 clause 4: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Term of office[Repealed]
Heading: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
5 Term of office of members and alternate members
[Repealed]Schedule 8 clause 5: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Removal of members[Repealed]
Heading: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
6 Removal of Te Kawai Taumata members
[Repealed]Schedule 8 clause 6: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
7 Procedure for removal of Te Kawai Taumata members by mandated iwi organisation
[Repealed]Schedule 8 clause 7: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
8 Procedure for removal of Te Kawai Taumata member by representative Maori organisation
[Repealed]Schedule 8 clause 8: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
9 Meetings to remove members
[Repealed]Schedule 8 clause 9: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Part 2 Procedure of Te Kawai Taumata
[Repealed]Schedule 8 Part 2: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
10 Procedure
[Repealed]Schedule 8 clause 10: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Chairperson and deputy chairperson of Te Kawai Taumata[Repealed]
Heading: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
11 Chairperson and deputy chairperson
[Repealed]Schedule 8 clause 11: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Meetings of Te Kawai Taumata[Repealed]
Heading: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
12 Meetings
[Repealed]Schedule 8 clause 12: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
13 Meeting to remove director
[Repealed]Schedule 8 clause 13: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
14 Teleconference meetings
[Repealed]Schedule 8 clause 14: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
15 Conduct of meetings
[Repealed]Schedule 8 clause 15: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
16 Quorum
[Repealed]Schedule 8 clause 16: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
17 Voting to appoint or remove directors of Te Ohu Kai Moana Trustee Limited
[Repealed]Schedule 8 clause 17: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Remuneration[Repealed]
Heading: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
18 Remuneration for members of Te Kawai Taumata
[Repealed]Schedule 8 clause 18: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
19 Administration
[Repealed]Schedule 8 clause 19: repealed, on 26 July 2026, by section 100 of the Māori Fisheries Amendment Act 2024 (2024 No 27).
Schedule 9 Consequential amendments
Company Law Reform (Transitional Provisions) Act 1994 (1994 No 16)
Amendment(s) incorporated in the Act(s).
Fisheries Act 1996 (1996 No 88)
Amendment(s) incorporated in the Act(s).
Human Rights Amendment Act 2001 (2001 No 96)
Amendment(s) incorporated in the Act(s).
Income Tax Act 1994 (1994 No 164)
Amendment(s) incorporated in the Act(s).
Income Tax Act 2004 (2004 No 35)
Amendment(s) incorporated in the Act(s).
Ministry of Agriculture and Fisheries (Restructuring) Act 1995 (1995 No 31)
Amendment(s) incorporated in the Act(s).
Public Audit Act 2001 (2001 No 10)
Amendment(s) incorporated in the Act(s).
Treaty of Waitangi (Fisheries Claims) Settlement Act 1992 (1992 No 121)
Amendment(s) incorporated in the Act(s).
Maori Fisheries Amendment Act 2006
Public Act |
2006 No 78 |
|
Date of assent |
12 December 2006 |
|
Commencement |
see section 2 |
1 Title
This Act is the Maori Fisheries Amendment Act 2006.
2 Commencement
This Act comes into force on the day after the date on which it receives the Royal assent.
9 Validation
(1)
Subsection (2) applies if, before the commencement of this Act,—
(a)
Te Ohu Kai Moana Trustee Limited has applied under section 157 for the registration of a settlement quota interest; and
(b)
the chief executive has registered a settlement quota interest against quota shares under section 152A of the Fisheries Act 1996.
(2)
An application or registration referred to in subsection (1) must be treated as having been made or effected in compliance with the reduced number of quota shares set out in section 7(1).
(3)
Subsection (4) applies if, before the commencement of this Act, Te Ohu Kai Moana Trustee Limited has allocated and transferred quota shares for fishstocks listed in section 7(1) in accordance with the reduced number of quota shares provided for by that subsection.
(4)
Every allocation and transfer referred to in subsection (3) must be treated as if each complied with the requirements of the principal Act.
Notes
1 General
This is a consolidation of the Māori Fisheries Act 2004 that incorporates the amendments made to the legislation so that it shows the law as at its stated date.
2 Legal status
A consolidation is taken to correctly state, as at its stated date, the law enacted or made by the legislation consolidated and by the amendments. This presumption applies unless the contrary is shown.
Section 78 of the Legislation Act 2019 provides that this consolidation, published as an electronic version, is an official version. A printed version of legislation that is produced directly from this official electronic version is also an official version.
3 Editorial and format changes
The Parliamentary Counsel Office makes editorial and format changes to consolidations using the powers under subpart 2 of Part 3 of the Legislation Act 2019. See also PCO editorial conventions for consolidations.
4 Amendments incorporated in this consolidation
Māori Fisheries Amendment Act 2024 (2024 No 27) (as amended by Taxation (Annual Rates for 2025–26, Compliance Simplification, and Remedial Measures) Act 2026 (2026 No 8))
Secondary Legislation Act 2021 (2021 No 7): section 3
Education and Training Act 2020 (2020 No 38): section 668
Trusts Act 2019 (2019 No 38): section 161
Contract and Commercial Law Act 2017 (2017 No 5): section 347
Judicial Review Procedure Act 2016 (2016 No 50): section 24
Criminal Procedure Act 2011 (2011 No 81): section 413
Maori Fisheries Amendment Act 2011 (2011 No 74)
New Zealand Institute of Chartered Accountants Amendment Act 2010 (2010 No 74): section 10
Climate Change Response (Moderated Emissions Trading) Amendment Act 2009 (2009 No 57): section 87
Maori Fisheries Amendment Act 2006 (2006 No 78)
Evidence Act 2006 (2006 No 69): section 216
Versions
Māori Fisheries Act 2004
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