NGĀ IWI - TRIBES
The passing of the Māori Fisheries Act 2004 has heralded in an exciting time for iwi.
Iwi - who will receive around a half of the $750 million worth of assets - now know:
- How the assets will be divided
- How the Māori organisations such as Te Ohu Kaimoana (Te Ohu) and Aotearoa Fisheries Limited will operate
- What accountability measures are in place for the organisations that will hold assets on behalf of Māori.
With so much at stake, it is vital that iwi organisations are well prepared to receive assets. The Act lays out some basic ‘mandating’ benchmarks for iwi organisations to reach before they can receive assets. You can work your way through this process by checking out the allocation assessment and approval flowchart online.
Many iwi organisations are already well on the way to meeting these requirements, assisted and advised by Te Ohu staff.
Over time, Te Ohu will use this section of the website to profile iwi organisations that have succeeded in meeting all the mandating requirements.
Iwi that have not yet met mandating requirements will continue to receive economic benefits from the Māori fisheries settlement through the ACE (annual catch entitlement) lease rounds.
Don’t forget that there are also scholarship opportunities for all Māori interested in fisheries-related studies - including a co-sponsorship programme with iwi. You can apply for scholarships online at www.fishfingers.maori.nz
Nā tāu rourou, nā tāku rourou, ka ora ai te iwi.