Part 6 Commercial redress properties

117 Transfer of commercial redress properties

(1)

To give effect to section 7 of the deed of settlement, the Crown (acting through the Commissioner of Crown Lands) is authorised to do 1 or more of the following:

(a)

transfer the fee simple estate in a commercial redress property to Te Uri o Hau governance entity:

(b)

sign a memorandum of transfer or other document, or do any other thing to execute such a transfer.

(2)

In exercising the powers conferred by subsection (1), the Crown is not required to comply with any other enactment that would otherwise regulate or apply to the transfer of a commercial redress property.