The trustee must recognise an iwi aquaculture organisation and record its recognition in the iwi aquaculture register only if—
(a) the iwi aquaculture organisation is a mandated iwi organisation under the Maori Fisheries Act 2004; and
(b) the trustee is satisfied that the constitution of the organisation authorises the organisation to act on behalf of its iwi in relation to aquaculture claims and settlement assets under this Act; and
(c) in the case of a joint mandated iwi organisation (as defined in section 5 of the Maori Fisheries Act 2004), the trustee is satisfied that the constitution of the organisation includes a process for determining the division of settlement assets between the organisation and a withdrawing group (as defined in section 19 of that Act).