GROSS VALUE OF PRODUCTION FOR THE
FORESTRY INDUSTRY FOR 2015-16
I, FRAN FREEMAN, a delegate of the Minister for Agriculture and Water Resources under subsection 14(1) of the Forestry Marketing and Research and Development Services Act 2007, in accordance with subsection 9(4) of that Act, hereby determine the following amount to be the Gross Value of Production for 2015-16, payable for research and development activities:
Dated this 27th day of June 2016
FRAN FREEMAN
First Assistant Secretary
Agricultural Policy Division
Overview
The Forestry Marketing and Research and Development Services Act 2007, enacted by the Commonwealth Parliament, was designed to address the need for sustainable development and innovation in the forestry industry. The Act mandates the establishment of a levy on the gross value of production within the forestry sector to fund research and development activities. This legislative initiative aims to ensure the ongoing viability and environmental sustainability of the forestry industry in Australia, fostering advancements that benefit both the economy and ecological preservation. The policy objective behind this Act is to enhance the competitiveness and productivity of the forestry sector through targeted research and development initiatives, thereby securing long-term benefits for both industry stakeholders and the broader Australian community.
Scope and Application
The Forestry Marketing and Research and Development Services Act 2007 applies to entities within the forestry industry in Australia, specifically to those engaged in forestry activities for commercial purposes. This Act mandates the calculation and payment of a Gross Value of Production (GVP) for research and development activities within the sector. The legislation imposes a financial obligation on forestry entities to contribute to research and development efforts, with the GVP amount determined by a delegate of the Minister for Agriculture and Water Resources. For the financial year 2015-16, the GVP was set at $1,981,561,875. This determination is applicable nationally, encompassing all forestry activities across Australia, and is made in accordance with the provisions of the Act, including the authority granted by the Minister. The Act’s application extends through subordinate instruments that may further define specific details and processes for the calculation and payment of the GVP, ensuring compliance and proper allocation of funds for the sector’s research and development needs.
Key Provisions
The primary provision of the Gazette (C2016G00947) involves the determination of the Gross Value of Production (GVP) for the forestry industry for the financial year 2015-16. As per subsection 14(1) of the Forestry Marketing and Research and Development Services Act 2007, the delegate of the Minister for Agriculture and Water Resources, in this instance, Fran Freeman, has made an official determination of the GVP, which stands at $1,981,561,875. This figure (section 9(4)) is essential as it dictates the financial contribution that the forestry industry must make towards research and development activities within the sector.
The obligations imposed by this legislation on the forestry industry are clear and direct. The industry must contribute to research and development efforts by providing funds calculated based on the GVP. This financial contribution is a mandatory requirement, ensuring that the industry supports initiatives aimed at improving forestry practices, sustainability, and overall industry growth. The specified amount of $1,981,561,875 must be paid to designated research and development services to fund these activities.
Breaching the obligation to pay the determined GVP could have legal consequences. While the Gazette itself does not explicitly state the penalties for non-compliance, the Forestry Marketing and Research and Development Services Act 2007 likely includes provisions for enforcement and penalties. Non-compliance could result in civil or criminal actions, depending on the severity of the breach. The penalties might include fines or other financial penalties, and in more serious cases, legal action could be taken against the entities or individuals responsible for the non-compliance. The specific penalties would be detailed within the relevant sections of the Act itself.