In 2009 Te Mana o Ngāti Rangitihi Trust was a party to the historic Central North Island (CNI) Treaty of Waitangi settlement and received more than $9 million in settlement assets and holdings.

Get all the details about the largest Treaty Settlement in history and what our dedicated Ngāti Rangitihi team of negotiators and leaders were able to achieve for us all by being a part of it below.

• $475 million
  

Total value of CNI settlement

• $255.6 million
  

Total amount of accumulated rentals that Crown Forestry Rental Trust transferred to CNI Iwi Collective on July 1 2009

• $195 million
  

Value of Crown forest land returned to CNI Iwi Collective

• 176,000
  

Number of hectares of Crown forests licensed land that was returned

• $71 million

Current value of New Zealand Units (NZUs or ‘carbon credits’) to be distributed to CNI Iwi Holdings Ltd under the Emissions Trading Scheme

• 100,000 +
  

Number of people represented by the CNI Iwi Collective

• $9.2 million
  

Value of cash settlement received by Te Mana o Ngāti Rangitihi Trust

On July 1 2009, whenua, accumulated rentals and other settlement assets were transferred back for the benefit of all CNI Iwi Collective members. Under the settlement, members of the Collective received:

• 90 per cent by value of the 176,000 hectares of Crown forest lands in the Central North Island. The remaining 10 per cent is being held in trust by the Crown while the claims of iwi outside of the Collective are settled, and cultural redress is provided for members of the Collective. Currently that land is rented out to commercial businesses, under agreements called Crown Forest Licences (CFLs). The vast majority of the settlement land is part of Kaingaroa Forest. 

• All of the licence rentals accumulated on the settlement lands since 1990. 90 per cent of this cash was returned to members of the Collective on July 1 2009.

The settlement also included:

• New Zealand Units (NZUs or ‘carbon credits’) under the New Zealand Emissions Trading Scheme. The NZUs are currently valued at approximately $71 million and will be distributed over the next three years – 44 per cent valued at up to $31 million in 2011 and the balance in 2012 or 2013.

• Preferential rights to buy certain Crown properties – Right of First Refusal (RFR) and Deferred Selection Procedure (DSP).