New Zealand Company
The Constitution provided for the Crown to control the sale of "wastelands", land that was previously purchased (or claimed to be purchased) by the New Zealand Company from Māori for the Company's colonisation schemes. The British government had lent £236,000 to the Company in 1846 to keep the company solvent. As a result, the Constitution provided for a quarter of the proceeds of land sales would go to the New Zealand Company until the debt was paid off.