NgāiTakoto Claims Settlement Act 2015

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154 Meaning of RFR land

(1)

In this subpart, RFR land means—

(a)

exclusive RFR land; and

(b)

shared RFR land; and

(c)

balance RFR land; and

(d)

land obtained in exchange for a disposal of RFR land under section 167(1)(c) or 168.

(2)

However, land ceases to be RFR land if—

(a)

the fee simple estate in the land transfers from the RFR landowner to—

(i)

the trustees of a recipient trust or their nominee (for example, under a contract formed under section 160); or

(ii)

any other person (including the Crown or a Crown body) under section 155(1)(d); or

(b)

the fee simple estate in the land transfers or vests from the RFR landowner to or in a person other than the Crown or a Crown body—

(i)

under any of sections 164 to 171 (which relate to permitted disposals of RFR land); or

(ii)

under any matter referred to in section 172(1) (which specifies matters that may override the obligations of an RFR landowner under this subpart); or

(c)

the fee simple estate in the land transfers or vests from the RFR landowner in accordance with a waiver or variation given under section 180; or

(d)

the RFR period for the land ends.