Overview

The Forestry Marketing and Research and Development Services Act 2007 was enacted to provide for the marketing and research and development services for the forestry industry in Australia. This legislation was introduced to address the need for a structured approach to supporting the forestry industry's growth and sustainability through research and development. The Act empowers the Minister for Agriculture to delegate certain functions, including the determination of the Gross Value of Production (GVP) for the industry. This determination is crucial for allocating funds for research and development activities that benefit the forestry sector. The policy objective of the Act is to ensure that the forestry industry has access to the necessary resources and support to innovate and improve its practices, thereby contributing to the broader economic and environmental goals of Australia.

Scope and Application

The Gross Value of Production for the Forestry Industry for 2013-14 Act, issued under the authority of the Minister for Agriculture, establishes the financial contribution required from the forestry sector for research and development activities. This determination applies specifically to entities within the forestry industry, ensuring that they contribute a gross value of production of $1,609,710,760 for the specified fiscal year. The legislation underscores the commitment to advancing forestry research and development through industry contributions, reflecting a strategic approach to enhancing productivity and sustainability within the sector. The Act’s application is governed by the provisions of the Forestry Marketing and Research and Development Services Act 2007, with the authority to determine such values delegated to Matthew Koval, A/g First Assistant Secretary of the Agricultural Productivity Division.

Key Provisions

The main operative sections of the C2014G01307 legislation pertain to the determination of the Gross Value of Production (GVP) for the forestry industry for the financial year 2013-14. Under section 9(4) of the Forestry Marketing and Research and Development Services Act 2007, the delegate of the Minister for Agriculture, Matthew Koval, is tasked with determining the GVP amount payable for research and development activities (section 14(1)). The legislation specifies that the GVP for the forestry industry for the specified financial year is $1,609,710,760. This amount is to be used for funding research and development initiatives within the forestry sector, as outlined in the Act. The obligations and requirements imposed by the Act on the parties it governs include ensuring that the GVP is accurately determined and reported for the designated financial year. Matthew Koval, as the delegate, is responsible for making this determination based on the criteria and processes stipulated in the Forestry Marketing and Research and Development Services Act 2007. The GVP amount is crucial as it directly affects the funding available for research and development activities within the forestry industry, thereby impacting the sector's ability to innovate and improve practices. Any failure to comply with the requirements of the Act, including inaccuracies in the determination of the GVP, could potentially lead to consequences. While the specific provisions for offences, penalties, or consequences are not detailed in the provided text, it is reasonable to infer that any breach of the legislative requirements could result in legal or administrative repercussions. These might include the need for corrective action, financial penalties, or other measures to ensure compliance with the Act. The exact nature and extent of these consequences would be determined by the relevant authorities under the Act.