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Waikato regional economic profile - Waikato Regional Council

Waikato regional economic profile - Waikato Regional Council

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SettlementprogressMāoriCommercialAquacultureClaimsSettlement Act2004<strong>Waikato</strong> iwiinvolvedHaurakiNgāti TūwharetoaRaukawa<strong>Waikato</strong> TainuiTuhourangiNgati Tahu - NgatiWhaoaPlus all other iwioutside <strong>Waikato</strong><strong>Regional</strong> <strong>Council</strong>boundary listed inMāori FisheriesAct 2004 Schedule4SettlementsummaryFull and finalsettlement ofcommercial sea, orcoastal aquacultureclaims in the coastalmarine area since1992. Relevantareas of interest areCoromandel, Aoteaand KawhiaHarbour.Pre-commencementObligation:20 per cent of‘existing’aquaculture spacein the coastalmarine area, issuedon or after 21September 1992 ona region-by-regionbasis.Total settlementvalue$21 million(Coromandel)Te Arawa LakesSettlement Act2006Tuhourangi - NgatiWahiaoNgati Tahu - NgatiWhaoaNgati Kearoa -Ngati TuaraNew SpaceObligation:20 per cent of allnew aquaculturespaceidentified in thecoastal marine areato be transferred toiwi, via the MāoriCommercialAquacultureSettlement Trust.Final settlement ofall historical claimsrelating to 14 lakes.Unquantified(ongoingobligation) 360$2.7 million (plus$7.3 million tocapitalise the annuityTe Arawa receivedfrom the Crown andaddress anyremaining annuityissues). 361360Information supplied by Ministry of Agriculture and Forestry, now part of the Ministry for Primary Industries.361Office of Treaty Settlements (2011d) Te Arawa lakes – summary.Page 112 Doc # 2069885

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