The Maori Commercial Aquaculture Claims Settlement Amendment Bill 2021 is an important bill that amends the Maori Commercial Aquaculture Claims Settlement Act 2004 to improve the allocation and transfer process of aquaculture settlement assets. The amendments in the bill are the result of extensive process with the trustee Te Ohu Kaimoana. It also involved iwi, other Māori, and Government over several years. Currently, iwi in some regions are facing indefinite delays in receiving their aquaculture settlement assets from Te Ohu Kaimoana, as it has not been possible to get unanimous agreement by all of the iwi in those regions on how the assets should be allocated amongst them. The dispute resolution process provided in the Maori Commercial Aquaculture Claims Settlement Act has been unable to address those issues because unanimity has been required and unable to be achieved, and there's a risk that similar situations will arise in future regional settlement processes. So the policy objective of the bill is to improve the allocation and transfer process provided for in the Maori Commercial Aquaculture Claims Settlement Act, to better enable the allocation and transfer of aquaculture settlement assets to iwi.