The Marine and Coastal Area (Takutai Moana) Act 2011 provides a new regime for the granting of interests in reclaimed land formed from the Common Marine and Coastal Area. This Act also gives LINZ new responsibilities in relation to the granting of an interest in reclaimed land.
The Act allows applicants to seek an interest in reclaimed land, ranging from fee simple (freehold) title to leases, licences or other rights or title to occupy or use the land.
LINZ is responsible for processing applications from parties who wish to acquire an interest in reclaimed land. Sections 35(5) and 43(2) of the Act require applicants to pay fees set in regulations made under the Act. The fees are payable on application and are recoverable as a debt to the Crown.
On 24 October 2012, the Cabinet Committee on Treaty of Waitangi Negotiations approved the new fees. The fees are set out in the Cabinet paper below. Regulations to implement the fees are provided below and the fees will come into force on 18 January 2013.