54Resource acquisition fee payments by Forestry Corporation

#### 54 Resource acquisition fee payments by Forestry Corporation 54 Resource acquisition fee payments by Forestry Corporation (1916 Act, s 30F) > If the Corporation takes timber or forest products from prescribed land, the Corporation is required— > > > (a) to pay to an organisation specified in a determination under section 52 the amount that would have been payable under the determination, and > > > (b) to pay to the landholder concerned (other than Local Land Services) the amount that would have been payable to the landholder under section 53, > > if the timber or forest products had been taken under a timber licence or forest products licence and a resource acquisition fee had been paid to the Corporation in respect of the timber or forest products in accordance with this Division. > > **s 54:** Am 2013 No 51, Sch 7.18 \[5\].