Private Forests Act 1994
26Financial assistance by Authority for private commercial forestry
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26 Financial assistance by Authority for private commercial forestry
(1) The Authority, with the approval of the Treasurer, may enter into and carry into effect agreements for rendering financial assistance (whether by way of a grant or loan or otherwise) for the purpose of assisting the establishment, development or proper management of private commercial forests or the utilization of the forest produce of private commercial forests.
(2) Financial assistance under this section is to be rendered on such terms and conditions as may be agreed with the Authority, and any such terms and conditions may be terms and conditions giving the Authority rights in respect of the land in relation to which the assistance is given or its forest produce.
(3) Subject to the terms of any agreement, the Authority may sell or otherwise dispose of, in such manner as it thinks fit, any forest produce to which it becomes entitled under any agreement entered into for the purposes of this Division.