New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) The Crown must ensure that the trustee is provided with space in the coastal marine area for the purpose of aquaculture activities equivalent to 20% of pre-commencement space.
(2) The Crown must use its best endeavours to comply with subsection (1) by the close of 31 December 2014.
(3) Subsection (1) must be complied with in 1 or more of the following ways:
(a) by the making of Orders in Council under section 25:
(b) by purchasing and transferring to the trustee on or after 1 January 2008 established marine farms:
(c) by paying to the trustee on or after 1 January 2013 amounts equivalent, in part or in full, to the value of the pre-commencement space.
(4) To avoid doubt, subsection (3) does not require the Crown at any particular time to comply with subsection (1) in any particular way or combination of ways specified in subsection (3).