Settlement History


AFL provides interim and annual reports detailing its financial activities to Te Ohu Kaimoana and its iwi shareholders.  Te Ohu Kaimoana is accountable to its iwi stakeholders who in turn are accountable to their members – essentially the wider Māori population.

Each year Te Ohu Kaimoana provides to its iwi shareholders, Māori representative organisations, commercial companies and other stakeholder groups an annual plan and annual report, which provide detailed financial reporting.  These reports can be downloaded from our website here.  Te Ohu Kaimoana is also required to hold an annual general meeting (hui-a-tau) before the end of March each year reporting on the previous financial year ending 30 September.

The board of Te Ohu Kaimoana consists of seven directors appointed by iwi organisations.  It is iwi who select the board to represent their interests.  The country’s major iwi organisations in terms of population, land (rohe) and wealth are represented on the board.

In addition to these processes of regular scrutiny, the Māori Fisheries Act requires Te Ohu Kaimoana and the three entities (AFL, Te Pūtea Whakatupu Trust and Te Wai Māori Trust) to undergo four-yearly audits of performance to ensure each entity is successfully discharging its responsibilities.  Two audits have taken place -in 2008 and 2012.   A review of the effectiveness, after the first 10 years of operation, of the governance systems for the four central agencies in the Settlement was undertaken in 2015 and has led to recommended changes to the Māori Fisheries Act, which are still to be implemented.

Policy Advisory Services

Te Ohu Kaimoana provides fisheries advisory services to iwi, the Māori Fisheries Settlement entities and industry groups. Our policy team includes analysts with many years’ experience in fisheries and public policy, as well as enthusiastic and motivated university qualified staff.

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Fisheries Management

We provide advice on a variety of fisheries management issues, from stock abundance and sustainability, regulations around fisheries compliance, marine protected areas, mātaitai, taiāpure, customary regulations, aquaculture management and others.

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Customary Fisheries

Ongoing development of the customary fisheries regulations is one of Te Ohu Kaimoana’s major functions. Only Māori have access to customary fisheries. For many years, we have been working on ways that customary fishing can be efficiently and better managed.

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Te Ohu Kaimoana has responsibilities under the Māori Commercial Aquaculture Settlement Act, where iwi organisations are to receive 20 percent of designated Aquaculture Management Areas. We have statutory obligations to work with iwi in the allocation of the Māori share of AMAs in the development of aquaculture in Aotearoa New Zealand.

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A primary function of Te Ohu Kaimoana has been focussed on the allocation of Māori Fisheries Settlement assets to iwi. Since the Māori Fisheries Act 2004 was passed, Te Ohu has allocated almost all the Settlement to, resulting in more than $500 million of fisheries assets placed in Māori ownership and management.

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An important role of Te Ohu Kaimoana is maintaining effective communication with our iwi stakeholders, to keep them informed of important legislative, regulatory and policy developments that affect the value of their investment and assets from the Māori Fisheries Settlement. As iwi’s representative for universal fisheries issues, Te Ohu Kaimoana engages and liaises with a range of sectors.

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