Resource information
The purpose of this Act, consisting of 86 sections, divided into five Parts and completed by three Schedules, is to give effect to the deed of settlement, which is a deed that settles the historical claims that relate to the Maraeroa A and B blocks dated 12 March 2011. Part 1 provides for: the effect of the settlement on the jurisdiction of a court, tribunal, or other judicial body in respect of the historical claims; a consequential amendment to the Treaty of Waitangi Act 1975; the effect of the settlement on certain memorials; the exclusion of the law against perpetuities, the timing of actions or matters provided for in this Act, and access to the deed of settlement. Part 2 provides for cultural redress, including: cultural redress for which vesting of land is not required; the properties that are vested in the Maraeroa A and B Blocks Incorporation as cultural redress properties and provisions relevant to the vesting of those properties.Part 3 provides for the transfer of the licensed land to the Maraeroa A and B Blocks Incorporation and the payment of rentals to the Settlement Trust. Part 4 provides for access to protected sites. Part 5 includes provisions concerning the Māori Land Court’s jurisdiction in relation to the Settlement Trust and concerning the sale, gift, or lease of the protected land. The three Schedules deal with the following matters: describe the statutory areas (1); describe the overlay site (2); describe the cultural redress properties (3).
