Gross Value of Production for the Forestry Industry for 2017-18

Administered by Department of Agriculture

Legislation au C2018G00562 In force Gazette

Legislation content

 

 

GROSS VALUE OF PRODUCTION FOR THE

FORESTRY INDUSTRY FOR 2017-18

 

 

I, David Littleproud, Minister for Agriculture and Water Resources, in accordance with subsection 9(4) of the Forestry Marketing and Research and Development Services Act 2007, hereby determine the following amount to be the Gross Value of Production for 2017-18:

 

 

INDUSTRY

GVP

 

Forestry

 

$2,421,000,000

 

 

 

 

Dated this 25th day of June 2018

 

 

 

 

 

 

David Littleproud

 

Overview

The Forestry Marketing and Research and Development Services Act 2007 was enacted to facilitate the development and marketing of the forestry industry in Australia. The Act was introduced to address the need for structured support and funding for research and development within the forestry sector, aiming to enhance productivity, sustainability, and market competitiveness. The determination of the Gross Value of Production for the forestry industry, as specified in the gazette, serves as a fundamental component of this legislative framework, providing a financial baseline that informs funding allocations and policy decisions. This determination was made by David Littleproud, the Minister for Agriculture and Water Resources, under the authority granted by the Act, with the policy objective of ensuring that the forestry industry has the necessary resources to thrive and contribute effectively to the national economy.

Scope and Application

The Forestry Marketing and Research and Development Services Act 2007, as evidenced by the Gazette C2018G00562, pertains specifically to the forestry industry in Australia. The legislation applies to the forestry industry as a whole, encompassing all entities involved in forestry activities within the nation. The Gross Value of Production (GVP) for the forestry industry for the year 2017-18 has been officially determined by the Minister for Agriculture and Water Resources, David Littleproud, under the authority vested in him by the Act. This determination is pivotal for various statutory and reporting obligations that forestry entities must comply with, including those related to marketing, research, and development services. The GVP figure of $2,421,000,000 serves as a financial benchmark that reflects the total value of all forestry products produced during the specified period, which in turn aids in the assessment and distribution of funds allocated under the Act. The scope of the Act is confined to the national level, thereby applying uniformly across all states and territories of Australia. While the Act does not explicitly outline exclusions, exemptions, or specific thresholds, its provisions and the subsequent determinations made by the Minister under its authority, such as the one highlighted, extend to regulate and support the forestry sector comprehensively.

Key Provisions

The Forestry Marketing and Research and Development Services Act 2007 (hereafter referred to as the Act) includes a provision that allows the Minister for Agriculture and Water Resources to determine the Gross Value of Production (GVP) for the forestry industry on an annual basis. Section 9(4) of the Act empowers the Minister to make this determination, as evidenced by the determination made on 25 June 2018, which sets the GVP for the forestry industry for the 2017-18 period at $2,421,000,000. This determination is a critical aspect of the Act as it establishes the baseline financial figures for the industry, which can then be used for various purposes such as funding allocation for research and development, marketing initiatives, and other services aimed at enhancing the forestry sector. Under the Act, the Minister for Agriculture and Water Resources is required to undertake the responsibility of determining the GVP of the forestry industry annually. This obligation is not only a statutory requirement but also a crucial step in the financial and operational planning for the forestry sector. The GVP determination provides a quantifiable measure of the industry's economic contribution and health, which can influence policy decisions and funding allocations for the coming year. The Minister must ensure that the determination is based on the most accurate and up-to-date data available to provide a reliable and fair assessment of the industry's financial status. Failure to comply with the requirements set out in the Act, particularly the obligation to determine the GVP, could potentially lead to legal consequences. Although the specific offences and penalties are not detailed in the provided text, breaches of statutory duties under Australian legislation can often lead to civil penalties, including fines. In more severe cases, especially if the breach is found to be wilful or negligent, criminal charges could be pursued, leading to more severe penalties such as imprisonment. The precise nature and extent of these penalties would depend on the specific provisions of the Act and the circumstances surrounding the breach. It is essential for the Minister and any associated entities to adhere strictly to the requirements set out in the Act to avoid any legal repercussions.

Legal classification tags

Area of Law
Economic Regulation
Instrument
Gazette Notice
Concepts
Definitions & Interpretation
Reporting & Disclosure Obligations
Regulatory Standards
Catchwords
Gross Value of Production

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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.