Three more iwi transferred assets

Ngati Kuia and Ngati Apa at the top of the South Island and Ngai Tamanuhiri in Gisborne had their Iwi Organisations mandated under the Maori Fisheries Act in February allowing the transfer to them of fisheries settlement assets.

The combined value of the fisheries assets transferred to the three iwi is more than $1.7 million. This means over $100 million of the settlement has now been transferred to iwi organisations around the country.

General manager policy Craig Lawson said up to nine more iwi were likely to achieve MIO status for their nominated iwi organisation during March allowing those iwi to receive some of their fisheries assets in time for the 1 April fishing year.

Up to the end of February 2006, 12 iwi have reached MIO status, requiring another 45 iwi to be recognised.

IWI	APPROX AMOUNT (NZ$)
Ngati Kuia	712,000
Ngai Tamanuhiri	679,000
Ngati Apa ki te Ra To	358,000

 

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Tiakina ngā rawa hi ika, a tātou kaimoana mo ngā uri whakaheke
Protecting Māori fisheries assets for future generations

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