(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 the Treaty of Waitangi in relation to any other matter.