This bill gives effect to the deed of settlement between the Crown and Moriori that was signed on 14 February 2020 on Wharekauri island. The deed of settlement acknowledges all the historical Treaty of Waitangi claims relating to Moriori—so it comprises historical redress, which records the Crown's breaches and past injustices; the Crown apology for historical Crown actions or omissions that breached the Treaty of Waitangi and its principles, and, of course, the resulting harm that that caused to Moriori; cultural redress that acknowledges the connections to land and resources of significance to Moriori; relationship redress, which builds new connections with the Crown, local authorities, and other groups; and, finally, financial and commercial redress, which provides a strong economic base for the future.