A deed of settlement has been reached between a Hawke's Bay hapu and the Crown.

The Ahuriri hapu will receive $19.5 million for financial and commercial redress from the Crown, after the settlement was announced by the Minister for Treaty of Waitangi Negotiations Chris Finlayson today.

The Crown recognised the need for redress after its actions left the hapu virtually landless by the beginning of the 20th century.

The settlement also establishes a statutory committee to protect Maori values relating to the Ahuriri Estuary.

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- Newstalk ZB