Te Ohu Kai Moana Trustee Limited must, if requested, recognise an iwi governance entity as a mandated iwi organisation under section 13(1) if, before the commencement of this Act, that entity meets the following criteria:
(a) it has been approved as a governance entity of the iwi for the purposes of the settlement of the historical Treaty of Waitangi claims of that iwi, as perfected through the enactment of legislation; and
(b) it represents an iwi listed in Schedule 3; and
(c) it complies with section 14(a); and
(d) it has established 1 or more asset-holding companies as required by section 12(1)(d); and
(e) it has directors, trustees, or office holders, as the case may be, who are elected in a manner that complies with the kaupapa of Schedule 7; and
(f) it has a dispute resolution mechanism that complies with kaupapa 8 of Schedule 7.