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Compensation Model for Leasehold Property Rights of Maori Reserve Land

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dc.contributor.author Boyd, Terry en_US
dc.date.accessioned 2009-07-31T14:44:49Z
dc.date.available 2009-07-31T14:44:49Z
dc.date.issued 2001 en_US
dc.date.submitted 2007-07-12 en_US
dc.date.submitted 2007-07-12 en_US
dc.identifier.uri https://hdl.handle.net/10535/2364
dc.description.abstract "Maori have successfully made several claims to the Waitangi Tribunal in relation to lands taken from them after the Treaty of Waitangi in 1840. One claim relates to the occupation of land which was to be set aside for Maori in terms of the Treaty, namely the Maori Reserved Lands. "These lands have a checkered history and in the mid 1990s the New Zealand Government set up processes to compensate Maori and European settlers who were disadvantaged by previous government policy. "Determining compensation for land rights taken from indigenous people is an extremely difficult exercise as the economic benefit approaches traditionally used in property valuation, which stem from the early works of Adam Smith in his 1776 publication of 'The Wealth of Nations', do not apply. In fact they are incapable of determining a 'just terms' compensation amount. Consequently broader thinking on compensation payable is necessary. "This paper explains the compensation model embodied in the Maori Reserved Land Act which was structured to compensate both Maori and the legal occupiers of the land. The nature and acceptability of the model are discussed and it is hoped that this exercise can provide a useful example for other claims of property rights of indigenous people." en_US
dc.language English en_US
dc.subject IASC en_US
dc.subject common pool resources en_US
dc.subject indigenous institutions en_US
dc.subject compensation en_US
dc.subject land tenure and use en_US
dc.subject Maori (New Zealand people) en_US
dc.subject valuation--methodology en_US
dc.subject property rights en_US
dc.title Compensation Model for Leasehold Property Rights of Maori Reserve Land en_US
dc.type Conference Paper en_US
dc.type.published unpublished en_US
dc.coverage.region Pacific and Australia en_US
dc.coverage.country New Zealand en_US
dc.subject.sector Social Organization en_US
dc.subject.sector Land Tenure & Use en_US
dc.identifier.citationconference Tradition and Globalisation: Critical Issues for the Accommodation of CPRs in the Pacific Region, the Inaugural Pacific Regional Meeting of the International Association for the Study of Common Property en_US
dc.identifier.citationconfdates September 2-4, 2001 en_US
dc.identifier.citationconfloc Brisbane, Australia en_US
dc.submitter.email lwisen@indiana.edu en_US


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