New South Wales Consolidated Acts

FORESTRY ACT 2012 - SECT 10

10 Objectives of Forestry Corporation

(1) The principal objectives of the Corporation are as follows--

(a) to be a successful business and, to this end--

(i) to operate at least as efficiently as any comparable businesses, and

(ii) to maximise the net worth of the State's investment in the Corporation,

(b) to have regard to the interests of the community in which it operates,

(c) where its activities affect the environment, to conduct its operations in compliance with the principles of ecologically sustainable development contained in section 6(2) of the Protection of the Environment Administration Act 1991 ,

(d) to contribute towards regional development and decentralisation,

(e) to be an efficient and environmentally sustainable supplier of timber from Crown-timber land and land owned by it or otherwise under its control or management.

(2) Each of the principal objectives of the Corporation is of equal importance.

(3) The Corporation also has, in exercising its functions as the land manager of a forestry area, the objectives of a land manager under Part 5.

(4) The provisions of section 20E of the SOC Act do not apply to the Corporation.