Who we are
Takutai Trust was established by the Maori Commercial Aquaculture Claims Settlement Act 2004 to support Iwi in relation to the aquaculture settlement. Takutai Trust is serviced by Te Ohu Kaimoana.
We are tasked with acting as the eyes, ears and mouthpiece for the collective interests of Iwi Aquaculture Organisations in relation to the aquaculture settlement.
Holding and administering settlement assets
We are responsible for receiving aquaculture settlement assets from the Crown and regional councils, and then allocating those assets to relevant Iwi Aquaculture Organisations.
Facilitating aquaculture settlements between Iwi and the Crown
We work with Iwi and the Crown to assist them both to negotiate and enter regional aquaculture settlement agreements with each other.
Allocating and transferring settlement assets to Iwi
Once regional aquaculture settlement assets are transferred from the Crown to Takutai Trust, we work with Iwi to agree how those assets should be allocated. We then transfer assets in accordance with the agreements that Iwi Aquaculture Organisations reach.