Ngapuhi and Waikato have completed coastline agreements with neighbouring iwi, clearing the way for the transfer of what remains of their fisheries settlement assets.
Te Ohu Kaimoana chief executive Peter Douglas says Ngapuhi, the first iwi to form a mandated iwi organisation in 2005, received its final $2.5 million in quota and cash last week, while Waikato received $1.78 million in assets.
Waikato borders Ngati Whatua and Maniapoto on the west coast. Ngapuhi had to agree on boundaries with Ngati Whatua and Te Rarawa on the west and Whangaroa and Ngati Wai on the east coast.
Mr Douglas told Waatea News that 27 of the country's 57 iwi now have full or partial coastline agreements, while Bay of Plenty iwi Ngati Whare had recently become the 49th iwi to form a mandated iwi organisation.
