Maori Aquaculture Settlement Agreement in Principle for the South Island and Coromandel Region

On Monday 13th October 2008 Ministers and iwi representative signed an Agreement in Principle at Parliament.

The Agreement in Principle is for a one-off cash payment of $97 million in full and final settlement of the current Crown obligations for “pre-commencement space” or aquaculture space that was approved between 21 September 1992 and 31 December 2004 under the previous marine farming regime.

This agreement covers the vast majority of New Zealand’s aquaculture development areas including the Hauraki Gulf, Marlborough Sounds, Tasman Bay and remaining parts of the South Island.

The agreement was signed by Fisheries Minister Jim Anderton, Treaty Negotiations Minister Michael Cullen, Maori Affairs Minister Parekura Horomia, Associate Minister of Finance Phil Goff and leaders representing the iwi of Hauraki, Ngati Apa ki Te Ra To, Ngati Koata, Ngati Kuia, Ngati Rarua, Ngai Tahu, Ngati Tama, Ngati Toa, Rangitane and Te Ati Awa (Te Tau Ihu).

 Download Maori Aquaculture Settlement Agreement (PDF 667kb)