Maori Commercial Aquaculture Claims Settlement (Regional Agreements) Amendment Act 2010

1: Title
This Act is the Maori Commercial Aquaculture Claims Settlement (Regional Agreements) Amendment Act 2010.
2: Commencement
This Act comes into force on the day after the date on which it receives the Royal assent.
3: Principal Act amended
This Act amends the Maori Commercial Aquaculture Claims Settlement Act 2004 2010-03-30 Maori Commercial Aquaculture Claims Settlement Act 2004
4: Purpose
The purpose of this Act is to provide the Crown with an additional way of complying with its obligation under section 22(1)
1: Amendments relating to preliminary provisions of principal Act
5: Interpretation
Section 4 regional agreement section 29A Maori Commercial Aquaculture Claims Settlement (Regional Agreements) Amendment Act 2010 .
6: Meaning of settlement assets
Section 5(1)
ab: includes payments of money and the transfer of any other benefit to the trustee or an iwi aquaculture organisation under a regional agreement; and .
2: Amendments relating to remaining provisions of principal Act
7: Crown's obligations
1: Section 22(3)
ba: by entering into a regional agreement: .
2: Section 22
3A: If a regional agreement includes a provision of a kind referred to in section 29A(3)(b) subsection (3)(ba)
8: New section 29A inserted
The following section is inserted after section 29
29A: Regional agreements
1: The Crown may enter into an agreement (including by deed) in respect of 1 or more regions of regional councils, or of 1 or more harbours listed in Schedule 2, with the parties specified in subsection (2)
2: The parties referred to in subsection (1)
a: the iwi aquaculture organisations of all iwi whose area of interest includes a region or harbour covered by the agreement; or
b: for any iwi referred to in paragraph (a)
3: A regional agreement must include—
a: the trustee as a party to the agreement in order to confirm that the agreement has been entered into by the parties specified in subsection (2)
b: a provision that the agreement is conditional on the trustee confirming that the agreement has been entered into by those parties.
4: To avoid doubt, a regional agreement is enforceable as a contract in accordance with its terms.
5: Section 22(3)(c) does not prevent the Crown from making a payment to the trustee under a regional agreement before 1 January 2013.
6: No court or tribunal has jurisdiction to inquire into the quantification or the adequacy of the benefits to be provided by or under a regional agreement.
7: However, subsection (6)
9: Registered entitlements to settlement assets
Section 31
4: A registered settlement assets allocation entitlement binds the iwi concerned in relation to the allocation of settlement assets within the regional coastline or harbour concerned as determined by the trustee in accordance with section 45(4) or Schedule 1.
10: Functions and powers of iwi aquaculture organisations
Section 32(2)
ba: enter into regional agreements: .
11: Duties of trustee
1: Section 38
2A: The trustee may also enter into a regional agreement or otherwise agree to be bound by a regional agreement, and perform obligations and exercise rights under or in relation to the agreement.
2: Section 38(3) or its obligations referred to in subsection (2A) subsection (1)
12: New section 44 substituted
Section 44
44: Determinations and allocations generally
1: The trustee must make its determinations as to settlement assets allocation entitlements and its allocation of settlement assets separately on the basis of the region of each regional council and each harbour listed in Schedule 2.
2: However, if a written agreement referred to in section 45(4) covers more than 1 region or harbour, the trustee may make its determinations as to settlement assets allocation entitlements and its allocation of settlement assets collectively on the basis of the regions and harbours covered by the agreement.
3: For a region or harbour, the trustee must make either—
a: a single determination for all of the settlement assets of the region or harbour; or
b: 1 or more determinations for the settlement assets of the region or harbour covered by a regional agreement and a single determination for all the other settlement assets of the region or harbour.
4: The trustee may amend a determination to give effect to a written agreement referred to in section 45(4) to the extent that the agreement relates to settlement assets under a regional agreement that was entered into after the written agreement and, if it does so, the amendment becomes a determination of settlement assets allocation entitlements.
13: Basis of allocation of settlement assets
Section 47
1: If by the end of the 12-month period specified in section 45(4) the iwi aquaculture organisations for a region have not made a written agreement for all of the settlement assets of the region, the trustee must determine, in accordance with this section and Schedule 1, settlement assets allocation entitlements for any settlement assets for which no written agreement has been made.