New legislation in place for the partial sale of state-owned assets risks creating new Treaty of Waitangi grievances, says the nation's biggest Maori business network.
Passing of the Mixed Ownership Model Bill means the Government can press ahead with plans to sell shares in sell four state-owned energy companies, including Mighty River Power.
But the Federation of Maori Authorities (FOMA) says Maori interests in water used by the power firms might now be outside the legislative framework.
FOMA says all potential buyers need to be made fully aware that the Crown will always need to ensure the companies uphold Treaty obligations in their business operations.
Federationofficials are seeking a plan from the Government outlining how it intends to manage Treaty obligations after the asset sales.