The Aquaculture Settlement

Purpose | History | Signing

The Deed of Settlement Signing

A great success for aquaculture development was the signing of the Aquaculture Deed of Settlement for pre-commencement aquaculture space between iwi and the Crown on 6 May 2009. This opened the way for the transfer of $97 million to the iwi of Te Waipounamu and Coromandel once the required legislation is passed.

The enabling legislation to support the agreement between iwi and the Crown is currently before parliament. The Takutai Trust was directly involved in the drafting of the Deed of Settlement and the Maori Commercial Aquaculture Claims Settlement (Regional Agreements) Amendment Bill, which will give effect to the Deed of Settlement.

The Deed of Settlement signing for the iwi of Te Waipounamu and Coromandel also serves as an important sign of the way forward for dealing with compensation for the Crown’s pre-commencement space obligations to iwi in other regions.

“The settlement makes amends for the impacts of establishing marine farms without regard to the rights of the iwi whose rohe moana was being used” John Key

Aquaculture Settlement Links


Deed of settlement background

Maori Aquaculture Deed of Settlement Part 1
(PDF - 2.35MB)

Maori Aquaculture Deed of Settlement Part 2
(PDF - 1.26MB)

Maori Aquaculture Deed of Settlement Part 3
(PDF - 1.86MB)

Maori Aquaculture Deed of Settlement Part 4
(PDF - 1.118MB)

Register of Attendees (PDF - 2.36MB)