DRAFT AQUACULTURE DEED OF SETTLEMENT
On 13 October 2008, the iwi of Te Wai Pounamu (along with the Hauraki Maori Trust Board), signed an Agreement in Principle with the Crown to satisfy the Crown’s “pre-commencement” space obligations under the Maori Commercial Aquaculture Claims Settlement Act 2004 (MCACSA). The MCACSA obliges the Crown to provide iwi with the equivalent of 20% of all aquaculture space created between 21 September 1992 and 31 December 2004 (“pre-commencement space”).
