GROSS VALUE OF PRODUCTION FOR THE
FORESTRY INDUSTRY FOR 2016-17
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 2016-17:
Dated this 21st day of June 2017
FRAN FREEMAN
First Assistant Secretary
Agricultural Policy Division
Overview
The Forestry Marketing and Research and Development Services Act 2007 was enacted by the Parliament of Australia to provide a framework for the sustainable development and marketing of the forestry industry. This Act was introduced to address the need for a coordinated approach to support the forestry sector, which is a significant contributor to Australia's economy. It aimed to ensure that the industry can effectively respond to market demands, invest in research and development, and maintain sustainable forestry practices. The policy objective of the Act is to enhance the competitiveness and efficiency of the forestry industry while promoting environmentally sustainable practices. The Gross Value of Production for the Forestry Industry for 2016-17 was determined by a delegate of the Minister for Agriculture and Water Resources, as specified in the Act, reflecting the industry's economic contribution and guiding future policy and funding decisions.
Scope and Application
The Forestry Marketing and Research and Development Services Act 2007 applies to entities within the forestry industry in Australia, specifically focusing on the gross value of production (GVP) for the specified financial year. The Act empowers a delegate of the Minister for Agriculture and Water Resources, in this case, Fran Freeman, to determine the GVP for the forestry sector, as evidenced by the determination of the 2016-17 financial year GVP amounting to $2,261,385,464. The act's jurisdiction is at the Commonwealth level, thereby extending its reach across the entire nation. The determination process outlined in the Act ensures that the GVP is calculated comprehensively, reflecting the industry's economic contribution. There are no exclusions or exemptions specified in this particular determination, and the act itself does not detail any thresholds that would restrict its application. However, the act may extend or restrict its application through subordinate instruments or further legislative amendments.
Key Provisions
The legislation, C2017G00776, establishes the Gross Value of Production (GVP) for the forestry industry for the financial year 2016-17. As stated in section 14(1) of the Forestry Marketing and Research and Development Services Act 2007, the delegate of the Minister for Agriculture and Water Resources, Fran Freeman, has determined the GVP to be $2,261,385,464 (paragraph 1). This determination is made in accordance with section 9(4) of the Act, which allows the delegate to make such determinations (paragraph 2). This section serves to quantify the economic output of the forestry industry for that specific year, providing a basis for economic analysis, policy making, and financial planning within the sector (paragraph 3).
The obligations imposed by this legislation primarily revolve around the accurate reporting and recognition of the GVP for the forestry industry. The determination of the GVP is an administrative function that ensures the forestry sector has a quantifiable value for economic and policy purposes (paragraph 4). The Act mandates that this determination is to be made by a delegate of the Minister, in this case, Fran Freeman, ensuring that the process is overseen by a qualified individual within the Agricultural Policy Division (paragraph 5). This requirement ensures that the GVP is calculated with due diligence and in accordance with the legislative framework provided by the Forestry Marketing and Research and Development Services Act 2007 (paragraph 6).
In terms of penalties and consequences for breach, the legislation itself does not specify any offences or penalties related to the determination of the GVP (paragraph 7). However, the overarching Act may contain provisions that address non-compliance with broader forestry regulations, which could include fines, corrective actions, or other legal consequences (paragraph 8). The specific consequences would depend on the nature and severity of the breach, as well as the provisions of the Forestry Marketing and Research and Development Services Act 2007 (paragraph 9). It is important for parties involved in the forestry industry to comply with all related legislative requirements to avoid potential legal ramifications (paragraph 10).