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The purpose of this Act, consisting of 182 sections, divided into three Parts and completed by five Schedules, is: to record the acknowledgements and apology given by the Crown to NgāiTakoto in the deed of settlement; and to give effect to certain provisions of the deed of settlement that settles the historical claims of NgāiTakoto. Part 1 sets out a summary of the historical account, and records the text of the acknowledgements and apology given by the Crown to NgāiTakoto, as recorded in the deed of settlement; defines terms used in this Act, including key terms such as NgāiTakoto and historical claims; provides that the settlement of the historical claims is final; provides for: the effect of the settlement of the historical claims on the jurisdiction of a court, tribunal, or other judicial body in respect of the historical claims; a consequential amendment to the Treaty of Waitangi Act 1975; the effect of the settlement on certain memorials; the exclusion of the law against perpetuities; and access to the deed of settlement.Part 2 provides for cultural redress, including: in subpart 1, cultural redress requiring vesting in the trustees of the fee simple estate in certain cultural redress properties; and cultural redress that does not involve the vesting of land. Part 3 provides for commercial redress, including: in subpart 1, the transfer of commercial redress and deferred selection properties; in subpart 2, the licensed land redress; in subpart 3, the provision of access to protected sites; in subpart 4, the right of first refusal (RFR) redress. The 5 Schedules describe the following matters: cultural redress properties (I); Te Oneroa-a-Tohe redress (II); the korowai (III); statutory areas to which the statutory acknowledgement relates and for which deeds of recognition are issued (IV); sets out provisions that apply to notices given in relation to RFR land (V).