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Waikato River sign new Deed of Settlement

On 17 December 2009, Waikato-Tainui signed a re-negotiated Deed of Settlement with the Crown in relation to the Waikato River, which replaces the earlier settlement reached in August 2008.

The Crown sought a revised Deed of Settlement which would simplify co-governance arrangements over the Waikato River.  The revised Deed of Settlement now provides for the creation of a single co-governance entity (the Waikato River Authority), which will monitor the implementation of the direction setting document, the ‘Vision and Strategy’ or Te Ture Whaimana.

In addition, Waikato-Tainui will receive $310 million over a 30 year period as a contribution to the restoration and maintenance of the Waikato River.