An Auckland iwi will receive close to $13 million from the Crown as part of a Treaty settlement.
The Crown has signed a deed of settlement with Ngai Tai ki Tamaki at Umupuia Marae today.
Minister for Treaty of Waitangi Negotiations Chris Finlayson said the deed settled the historical grievances of the iwi.
He said it suffered severe Treaty breaches that rendered it virtually landless by the late 19th century.
Mr Finlayson said Ngai Tai ki Tamaki was being given a Crown apology, financial redress of $12.7 million and cultural redress of $50,000 together with the vesting of 16 properties of cultural and historical significance.
He said the iwi would also get two commercial properties and joint ownership of another.