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Ngati Haua Deed of Settlement - Terabyte Interactive

Ngati Haua Deed of Settlement - Terabyte Interactive

Ngati Haua Deed of Settlement - Terabyte Interactive

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SETTLEMENT LEGISLATIONNGĀTI HAUĀ DEED OF SETTLEMENT7: FINANCIAL AND COMMERCIAL REDRESS7.19 The settlement legislation will, on the terms provided by sections 100 to 104 <strong>of</strong> the draftsettlement bill, enable the transfer <strong>of</strong> -7.19.1 the commercial redress properties; and7.19.2 a purchased deferred selection property; and7.19.3 a purchased second right <strong>of</strong> deferred purchase property.RFR FROM THE CROWN7.20 The trustees are to have a right <strong>of</strong> first refusal in relation to a disposal by the Crown orthe Waikato District Health Board <strong>of</strong> RFR land that on the settlement date, -7.20.1 is vested in the Crown; or7.20.2 the fee simple for which is held by the Crown or the Waikato District HealthBoard.7.21 The right <strong>of</strong> first refusal is -7.21.1 to be on the terms provided by sections 105 to 134 <strong>of</strong> the draft settlement bill;and7.21.2 in particular, to apply -(a)(b)for a term <strong>of</strong> 173 years from the settlement date; butonly if the RFR land is not being disposed <strong>of</strong> in the circumstancesprovided by sections 113 to 123 <strong>of</strong> the draft settlement bill.63

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