Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“A person must not harvest timber from land covered by section 4 unless they hold timber rights under a timber utilization contract for that land.”
A person must not harvest timber from land covered by section 4 unless they hold timber rights under a timber utilization contract for that land. A timber utilization contract cannot be entered into unless the person is an incorporated body under one of the two named laws. A timber-rights application must be made in writing to the Forestry Commission and sent on immediately to the Timber Rights Evaluation Committee. Timber rights may be granted for certain listed lands, but not for alienation holdings, farms without written authorization, private forest plantations, or timber owned/grown by individuals or groups. A Timber Rights Evaluation Committee is established as a committee of the Commission, the Chief Executive or a representative chairs it, and the committee regulates its meeting procedure.
02
How the instrument operates
- 01
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- 02
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- 03
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- 04
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03
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A person must not harvest timber from land covered by section 4 unless they hold timber rights under a timber utilization contract for that land.
Section 1
The Commission must send its evaluation report and recommendations to the Minister within 30 days, and the Minister must grant the timber rights based on those recommendations.
Section 7
An eligible investor may apply to the Commission for exemption from import duties, VAT, or excise duties on certain plant and machinery items that are not zero-rated.
Section 14B
An investor may enter into a technology transfer agreement, but any agreement made under this section must be registered with the Commission.
Section 14J
This section repeals most of the Concessions Act, 1962, keeps sections 1 and 16 in force with modifications, preserves existing regulations until they are revoked or otherwise dealt with, and revokes three listed timber regulations.
Section 22
04
Source and current-law status
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Source record from hdl.handle.net · Undated source snapshot
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