Reprint as at 16 September 2011
| Public Act | 2004 No 78 |
| Date of assent | 25 September 2004 |
| Commencement | see section 2 |
Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this reprint.
A general outline of these changes is set out in the notes at the end of this reprint, together with other explanatory material about this reprint.
This Act is administered by the Ministry of Fisheries.
Part 1
Purposes of Act, key concepts, and key iwi organisations
Subpart 1—Purposes, outline, and interpretation
Classification of deepwater and inshore quota
8 Basis for classifying stock under section 7
9 Alternative basis for classification of new quota
How iwi population and coastlines determined
11 Registered coastline entitlements
12 Functions and powers of mandated iwi organisations
13 Recognition of mandated iwi organisations
14 Criteria for recognition of mandated iwi organisation
15 Recognition of iwi governance entity
16 Functions and powers of asset-holding companies
18 Changes to constitutional documents
New mandated iwi organisation may replace existing mandated iwi organisation
18B Requirements for recognition of new mandated iwi organisation
18C Requirements relating to constitutional documents of new organisation
18D Proposed transfer date if recognition requirements met
18E Recognition of new mandated iwi organisation and transfer of specified settlement assets
18F Certain effects of recognition of new organisation
18G Remedy if specified settlement assets not transferred
Provisions allowing for reorganisation of specified mandated iwi organisations
20 Withdrawal of group from joint mandated iwi organisation
21 Recognition of mandated iwi organisation of withdrawing group
24 Status of Ngati Hine and Rongomaiwahine
25 Further criteria may be prescribed
26 Benefit to persons who are not members of iwi
27 Functions and powers of recognised iwi organisations
28 Status of recognised iwi organisations
29 Representative Maori organisations
Part 2
Establishment and review of new entities
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
32 Purpose of Te Ohu Kai Moana
33 Trustee of Te Ohu Kai Moana
Duties and functions of trustee
34 Duties of Te Ohu Kai Moana Trustee Limited
35 Functions of Te Ohu Kai Moana Trustee Limited
36 Trust deed of Te Ohu Kai Moana
37 Matters to be included in annual plan
38 Annual report of Te Ohu Kai Moana Trustee Limited
39 Consultation and other reporting obligations
40 Obligation to establish and maintain iwi register
41 Review of revenue requirements
43 Allocation and transfer of surplus loan funds
Te Ohu Kai Moana Trustee Limited
44 Constitution of Te Ohu Kai Moana Trustee Limited
45 First directors of Te Ohu Kai Moana Trustee Limited
47 Term of office of directors
48 Eligibility for office of director
50 Effect of vacancy in membership of Te Ohu Kai Moana Trustee Limited
51 Documentation relating to iwi register
54 Procedures for making or amending rules
55 Establishment of Te Kawai Taumata
56 Sole function of Te Kawai Taumata
57 Membership of Te Kawai Taumata
58 Alternate members of Te Kawai Taumata
59 Eligibility for membership of Te Kawai Taumata
Subpart 3—Aotearoa Fisheries Limited
60 Establishment of Aotearoa Fisheries Limited
Duty of Aotearoa Fisheries Limited
61 Duty of Aotearoa Fisheries Limited
Constitution of Aotearoa Fisheries Limited
62 Requirements for constitution
63 Directors of Aotearoa Fisheries Limited
64 Restrictions on appointment of directors
69 Disposal of income shares by mandated iwi organisations
70 Process for disposal of income shares by mandated iwi organisations
71 Disposal of income shares by Te Ohu Kai Moana Trustee Limited
72 Other constraints on disposal of income shares
73 Remedy for breach of sections 69 to 72
74 Exceptions to restrictions on disposal of income shares
75 Transfer of assets to Aotearoa Fisheries Limited
76 Payment of dividends by Aotearoa Fisheries Limited
77 Circumstances when payments not required
Subpart 4—Te Putea Whakatupu Trust and Te Putea Whakatupu Trustee Limited
79 Establishment of Te Putea Whakatupu Trust
80 Trustee of Te Putea Whakatupu Trust
81 Purpose of Te Putea Whakatupu Trust
83 Functions of Te Putea Whakatupu Trustee Limited
84 Contents of trust deed of Te Putea Whakatupu Trust
85 Annual plan of Te Putea Whakatupu Trustee Limited
86 Reporting obligations of Te Putea Whakatupu Trustee Limited
87 Constitution of Te Putea Whakatupu Trustee Limited
88 Requirements for appointment of directors
89 Eligibility for office of director
90 Payments to Te Putea Whakatupu Trustee Limited
Subpart 5—Te Wai Maori Trust and Te Wai Maori Trustee Limited
92 Establishment of Te Wai Maori Trust
93 Trustee of Te Wai Maori Trust
94 Purpose of Te Wai Maori Trust
95 Functions of Te Wai Maori Trustee Limited
96 Contents of trust deed of Te Wai Maori Trust
97 Annual plan of Te Wai Maori Trustee Limited
98 Distributions of trust income
99 Reporting obligations of Te Wai Maori Trustee Limited
100 Constitution of Te Wai Maori Trustee Limited
101 Criteria for appointment of directors
102 Eligibility for office of director
103 Payments to Te Wai Maori Trustee Limited
109 Audit of Te Ohu Kai Moana Trustee Limited
110 Audit of Aotearoa Fisheries Limited
111 Audits of Te Putea Whakatupu Trustee Limited and Te Wai Maori Trustee Limited
Procedure after completion of audit
112 Procedure for auditor and entity audited
113 Procedure for Te Ohu Kai Moana Trustee Limited
Requirement for review of entities
116 Committee of representatives
118 Functions of committee of representatives
120 Procedure and remuneration of committee of representatives
123 Further relevant considerations
124 Limits to recommendations that may be made
Procedure after completion of review
126 Consideration of review report by entity under review
127 Consideration of review report
Requirement to provide information
128 Information requested by auditor or reviewer
Part 3
Allocation and transfer of settlement assets
Subpart 1—Allocation and transfer of settlement assets
130 Duty to allocate and transfer settlement assets
132 Application of sections 133 and 134
133 Procedure if request made under section 132(2)
134 Allocation and transfer after request under section 132(2)
135 Discretion to allocate and transfer
136 Limitations applying if mandated iwi organisation receives settlement quota under section 135
138 Allocation of surplus funds
138A Allocation and transfer of New Zealand units
139 Allocation of income shares
Subpart 2—Bases for allocation of settlement quota
140 Allocation of inshore quota
141 Allocation of deepwater quota
142 Chatham Island allocations
143 Allocation of quota within harbours
Allocations in specified Fishery Management Areas
144 Allocation of settlement quota in quota management areas same as Fishery Management Area 4
145 Allocation of settlement quota in quota management areas same as Fishery Management Area 6
146 Allocation of settlement quota in quota management areas same as Fishery Management Area 10
147 Allocation of settlement quota for highly migratory species
Adjustments to number of quota shares available for distribution
147A Recalculation of allocations of deepwater stock
147B Allocation of reduced number of quota shares
148 Allocation of freshwater quota
Alteration of quota management areas under Fisheries Act 1996
148A Consequence of altering quota management area
149 Additional cash in lieu of shortfall in settlement quota
150 Specific cash transfers to certain iwi
Subpart 3—Transfer of settlement assets
151 Transfer of allocated settlement quota
152 Offer of annual catch entitlement
153 When settlement assets must be held in trust
Status of settlement assets for purposes of Inland Revenue Acts and other enactments
154 Status of settlement assets
Part 4
Settlement quota interests, sales and exchanges of settlement quota, related restrictions, and option to purchase
Subpart 1—Registration of settlement quota interests
157 Registration of settlement quota interests
158 General restriction on transfer of settlement quota
159 Quota may be treated as settlement quota
160 Application for registration
Subpart 2—Restrictions on, and procedures for, disposal of settlement quota
161 Restrictions on disposal of settlement quota
162 Prerequisites to sale of settlement quota
163 Offer of option to purchase
164 Procedure for selling bundle of assets
165 Procedure to determine right to purchase
166 Basis on which sale must proceed
167 Other constraints on disposal
168 Application of this subpart to Te Ohu Kai Moana Group
169 When sale of settlement quota must be allowed
170 Remedy for breach of requirements under this subpart
Subpart 3—Exceptions to application of subpart 2
Quota sold to wholly-owned entities
171 Settlement quota sold to wholly-owned entities
Small parcels of settlement quota
172 Rationalisation of small parcels of settlement quota
173 Exception for quota exchanges
174 Procedure and criteria for exchange
Breach of restrictions applying to exchanges
175 Remedy for breach of restrictions
Subpart 4—Additional rules for quota sales and exchanges
Subpart 1—Procedure for resolution of disputes
179 Notification of specified decisions
180 Application of this Part to specified decisions
182 Reference to Maori Land Court
183 Effect of reference or application etc to Maori Land Court
Subpart 2—Other matters relevant to disputed decisions
184 Implementation of decision
185 Powers of Te Ohu Kai Moana Trustee Limited in relation to mandated iwi organisations
187 Dispute resolution in relation to reorganisation of specified mandated iwi organisations
Part 6
Transitional and miscellaneous provisions, repeal, and amendments
Subpart 1—Transitional provisions
Powers, savings, and validations
190 Powers of Treaty of Waitangi Fisheries Commission
191 Agreements for sale of annual catch entitlements
193 Validation of certain decisions, etc
Transfer from Treaty of Waitangi Fisheries Commission
194 Treaty of Waitangi Fisheries Commission dissolved and existing undertaking vested
195 Payment of taxation refunds (if any)
196 Classification of quota shares allocated to Treaty of Waitangi Fisheries Commission
197 Final report of Treaty of Waitangi Fisheries Commission
199 Status of contracts and other instruments
200 Status of existing securities
201 Continuation of proceedings
202 Matters not affected by transfer to Te Ohu Kai Moana Trustee Limited
203 Books and documents to remain evidence
Subpart 2—Employees and agents
206 Liability of employees and agents
207 Transfer of existing employees
208 Terms and conditions of employment of transferred employees
210 No compensation for technical redundancy
Subpart 3—Miscellaneous provisions
211 Application of Inland Revenue Acts and other enactments
Subpart 4—Repeal and consequential amendments
214 Amendments to other enactments
Schedule 2
Harbours and harbour quota
Schedule 3
Iwi (listed by groups of iwi) and notional iwi populations
Schedule 4
Organisations that are recognised iwi organisations (as at the commencement of this Act)
Schedule 5
Representative Maori organisations
Schedule 6
Methodology for determination of coastline entitlements
Schedule 7
Kaupapa applying to constitutional documents of mandated iwi organisations
Schedule 9
Consequential amendments
(1) By 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 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 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.