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MAORI FISHERIES ACT 2004 - SECT 141

Allocation of deepwater quota

141 Allocation of deepwater quota

When allocating deepwater quota to iwi, Te Ohu Kai Moana Trustee Limited must—
a) divide the total settlement quota for each quota management stock into 2 parcels, comprising 25% and 75% of the total amount respectively; and
b) allocate to each iwi an amount from the 25% parcel on the same basis as the allocation of inshore quota; and
c) allocate the 75% parcel to each iwi in accordance with the percentages specified in column 3 of Schedule 3 .



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