$7.5M remedy rejected
A $7.5 million sum was yesterday rejected by the chairman of the NgaiTahu Maori Trust Board and the Mawhera Incorporation as being an "insufficient” remedy for the loss of ownership rights on land in Greymouth. After hearing evidence presented by Mr O’Regan,
the Deputy Chief Judge on the Waitangi Tribunal,
Judge Ashley McHugh, suggested that the for-
mula devised by Dr Colin Clark might provide a remedy to the problem while leaving leases to be held in perpetuity. “How would it be viewed if the leases remained as they were but $7.5 million was paid out in compensation?" he said.
Mr O’Regan said he was aware of the formula.
“It only explains why leasehold land changes
hands at freehold prices but it is not really tied to a solution,” he said.
If the formula were applied the Crown would compensate the Maori people for the amount of money they lost but it would leave the people in the same relationship with their land.
Mr O’Regan declined an offer to consider overnight the possibility of such a remedy.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19871202.2.49
Bibliographic details
Press, 2 December 1987, Page 8
Word Count
180$7.5M remedy rejected Press, 2 December 1987, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.