The purpose of this Act, divided in 3 Parts and 4 Schedules, is to: (a) give effect to the vesting of the Crown forest land described in the first and second columns of Schedule 1 in the company and the transfer of accumulated rentals in relation to that land to the company in order to enable those assets to be allocated to the CNI Iwi Collective in settlement of their historical CNI forests land claims and to any other CNI claimants in settlement of their historical claims; and (b) record the principles and process by which the allocation of the CNI forests land and accumulated rentals is to be achieved; and (c) exclude the jurisdiction of the courts and Waitangi Tribunal in relation to the historical CNI forests land claims. The Act is divided as follows: Part 1 Preliminary provisions; Part 2 Provisions relating to transfers of assets, allocation principles, Crown agreed proportion, and DSP properties; Part 3 Miscellaneous provisions.
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The Polynesian Maori reached New Zealand in about A.D. 800. In 1840, their chieftains entered into a compact with Britain, the Treaty of Waitangi, in which they ceded sovereignty to Queen Victoria while retaining territorial rights. That same year, the British began the first organized colonial settlement. A series of land wars between 1843 and 1872 ended with the defeat of the native peoples. The British colony of New Zealand became an independent dominion in 1907 and supported the UK militarily in both world wars.
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