237G Compensation

(1)

This section applies if—

(a)

the bed of a river or lake—

(i)

is vested in the Crown in accordance with section 237A(1)(a); and

(ii)

adjoins, or would adjoin if it were not for an esplanade reserve, any allotment of 4 hectares or more when land is subdivided; or

(b)

land that is within the coastal marine area—

(i)

becomes part of the common marine and coastal area in accordance with section 237A(1)(b); and

(ii)

adjoins, or would adjoin if it were not for an esplanade reserve, any allotment of 4 hectares or more created when land is subdivided.

(2)

In the case of land referred to in subsection (1)(a), the Crown or territorial authority, as the case may be, must pay compensation to the registered owner of that land, unless the registered owner agrees otherwise.

(3)

In the case of land referred to in subsection (1)(b), the Crown must pay compensation to the registered owner of that land, unless the registered owner agrees otherwise.

Section 237G: replaced, on 1 April 2011, by section 128 of the Marine and Coastal Area (Takutai Moana) Act 2011 (2011 No 3).

Section 237G(2): amended, on 12 November 2018, by section 250 of the Land Transfer Act 2017 (2017 No 30).

Section 237G(3): amended, on 12 November 2018, by section 250 of the Land Transfer Act 2017 (2017 No 30).