New Zealand’s port companies are lobbying to repeal part of the 2004 Foreshore and Seabed Act and once again be granted a fee simple title on new land created as a result of reclamation.
At present, the Crown takes ownership of reclaimed land and issues ports with 50-year leases, renewable in perpetuity provided the land is used for port business. However, ports consider this a potential liability to their long-term planning and economic viability.