New South Wales Consolidated Acts

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FORESTRY ACT 2012 - SECT 54

Resource acquisition fee payments by Forestry Corporation

54 Resource acquisition fee payments by Forestry Corporation

(1916 Act, s 30F)
If the Corporation takes timber or forest products from prescribed land, the Corporation is required--

(a) to pay to an organisation specified in a determination under section 52 the amount that would have been payable under the determination, and
(b) to pay to the landholder concerned (other than Local Land Services) the amount that would have been payable to the landholder under section 53,
if the timber or forest products had been taken under a timber licence or forest products licence and a resource acquisition fee had been paid to the Corporation in respect of the timber or forest products in accordance with this Division.



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