In modern-day New Zealand, can exercise significant political power in the recovery and management of land and of other assets. (Note for example the 1997 Treaty of Waitangi settlement between the New Zealand Government and Ngāi Tahu, compensating that for various losses of the rights guaranteed under the Treaty of Waitangi of 1840.) affairs can have a real impact on New Zealand politics and society. A 2004 attempt by some to test in court their ownership of the seabed and foreshore areas polarised public opinion ("see New Zealand foreshore and seabed controversy").