What the official record says
This Act is the Maori Commercial Aquaculture Claims Settlement Amendment Act . This Act comes into force on the day after the date on which it receives the Royal assent. This Act amends the Maori Commercial Aquaculture Claims Settlement Act 2004 (the ). In section 4, insert in its appropriate alphabetical order: , in relation to an allocation of assets, means those iwi in a region who, in the trustee's opinion, are directly affected by the allocation In section 45(3), after , insert . Replace section 48(2)(b) with: failing that agreement,— a determination under sections 52 to 55; or an exercise of the trustee’s discretion under . In section 48(3), replace with . Replace section 49 with: An iwi aquaculture organisation may request the trustee to make a partial allocation of settlement asse