Summary

Introduced with the Forestry Marketing and Research and Development Services (Transitional and Consequential Provisions) Bill 2007, the bill: replaces the current Forest and Wood Products Research and Development Corporation with a not-for-profit forestry industry services company to provide marketing, research, development and other industry services to the forest industry; and provides the minister with the authority to enter into a funding contract with a company to enable it to administer levies, state grower contractual payments, research and development and manage the Commonwealth’s matched funding for research and development expenditure.