10Objectives of Forestry Corporation

#### 10 Objectives of Forestry Corporation 10 Objectives of Forestry Corporation > > (1) The principal objectives of the Corporation are as follows— > > > > > (a) to be a successful business and, to this end— > > > > > > > (i) to operate at least as efficiently as any comparable businesses, and > > > > > > > (ii) to maximise the net worth of the State’s investment in the Corporation, > > > > > (b) to have regard to the interests of the community in which it operates, > > > > > (c) where its activities affect the environment, to conduct its operations in compliance with the principles of ecologically sustainable development contained in section 6(2) of the [Protection of the Environment Administration Act 1991](/view/html/inforce/current/act-1991-060), > > > > > (d) to contribute towards regional development and decentralisation, > > > > > (e) to be an efficient and environmentally sustainable supplier of timber from Crown-timber land and land owned by it or otherwise under its control or management. > > > (2) Each of the principal objectives of the Corporation is of equal importance. > > > (3) The Corporation also has, in exercising its functions as the land manager of a forestry area, the objectives of a land manager under Part 5. > > > (4) The provisions of section 20E of the SOC Act do not apply to the Corporation.