CNI Settlement

CNI Settlement.jpgIn 2009 Te Mana o Ngāti Rangitihi Trust was one of eight iwi (the CNI Iwi Collective) that were party to the historic Central North Island (CNI) Treaty of Waitangi settlement, receiving more than $9 million in settlement assets and holdings.

CNI Settlement Snapshot

$475 million
Total value of CNI settlement

$255.6 million

Total amount of accumulated rentals that Crown Forestry Rental Trust transferred to CNICNI Settlement (2).jpg 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

$9.2 million
Value of cash settlement received by Te Mana o Ngāti Rangitihi Trust

Note: 10 per cent of the Crown forest lands allocated in the CNI Agreement - known as the “Crown Agreed Proportion” (CAPS) - is being held in trust by the Crown to settle the claims of iwi outside of the CNI Iwi Collective.