- The Aotaeroa Fisheries Ltd. website explains the Maori Fisheries Act 2004 came into being in response to legal action brought against the New Zealand government and the British crown in the 1980s regarding Maori fishing rights. Around $110 million U.S. was awarded to the Iwi to establish and develop the fishing industry of New Zealand.
- The Maori Fisheries Act 2004 established two companies, the Aotearoa Fisheries Ltd (AFL) and Te Ohu Kaimoana. The AFL website reports the company was formed as a commercial company to use half of the assets awarded to the Maori, while Te Ohu Kaimoana protects Maori interests in the marine industry.
- According to the AFL website, the Maori Fisheries Act 2004 awarded Maori people a 50 percent share in fishing companies Sealord and Prepared Foods Ltd. One hundred percent shares were awarded through AFL in fishing companies, including Prepared Foods Processing and Pacific Marine Farms.
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