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FORESTS (DUNSTAN AGREEMENT) (AMENDMENT) BILL 1997

                 PARLIAMENT OF VICTORIA

   Forests (Dunstan Agreement) (Amendment) Act
                       1997
                                  Act No.


                     TABLE OF PROVISIONS
Clause                                       Page
  1.     Purpose                                2
  2.     Commencement                           2
  3.     Principal Act                          2
  4.     Ratification of further Agreement      2
  5.     New section 7 inserted                 2
         7. Further power of amendment          2
  6.     Amendment of Principal Act             2
  7.     New Schedule 2 inserted                3
         SCHEDULE 2                              3
                           

NOTES                                            9




                                      i
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Clause Page THIS PAGE IS TO BE MASKED ii 531226B.I1-15/9/97

 


 

PARLIAMENT OF VICTORIA A BILL to ratify a further agreement and to amend the Forests (Dunstan Agreement) Act 1987 and for other purposes. Forests (Dunstan Agreement) (Amendment) Act 1997 Preamble The Treasurer, the Minister for Conservation and Land Management, the Victorian Plantations Corporation and A. Dunstan Timber Sales Pty Limited have agreed to certain amendments to an agreement entered into on 7 April 1987 for the supply of softwood for certain operations undertaken by A. Dunstan Timber Sales Pty Ltd. It is expedient to ratify the agreement for those amendments and to make certain amendments to the Forests (Dunstan Agreement) Act 1987. 1 531226B.I1-15/9/97

 


 

Forests (Dunstan Agreement) (Amendment) Act 1997 s. 1 Act No. The Parliament of Victoria therefore enacts as follows: 1. Purpose The purpose of this Act is to ratify a further agreement and to amend the Forests (Dunstan Agreement) Act 1987. 5 2. Commencement This Act comes into operation on the day on which it receives the Royal Assent. No. 23/1987. 3. Principal Act Affected by No. 61/1993. In this Act, the Forests (Dunstan Agreement) 10 Act 1987 is called the Principal Act. 4. Ratification of further Agreement After section 5(1) of the Principal Act insert-- "(1A) The Deed of Amendment, a copy of which is set out in Schedule 2, is ratified and takes 15 effect as if it had been enacted in this Act." 5. New section 7 inserted After section 6 of the Principal Act insert-- "7. Further power of amendment In addition to the powers under the 20 Agreement (as amended by the Deed of Amendment referred to in section 5(1A)), the Victorian Plantations Corporation and A. Dunstan Timber Sales Pty Ltd may from time to time, with the approval of the 25 Minister, amend the Agreement.". 6. Amendment of Principal Act In the Principal Act-- 2 531226B.I1-15/9/97

 


 

Forests (Dunstan Agreement) (Amendment) Act 1997 s. 7 Act No. (a) in section 3, for "the Schedule" substitute "Schedule 1"; (b) in section 5(2), for "Forests Commission" substitute "Victorian Plantations 5 Corporation"; (c) in section 6, after "provisions" insert "or section 7"; (d) in the heading to the Schedule, for "SCHEDULE" substitute "SCHEDULE 10 1". 7. New Schedule 2 inserted After the Schedule, insert-- 'SCHEDULE 2 Deed of Amendment 15 THIS DEED is made on the 25 day of August 1997 BETWEEN: (1) The Honourable, The Treasurer of the State of Victoria; and (2) The Honourable, the Minister for Conservation and Land Management of the State of Victoria; and 20 (3) The Victorian Plantations Corporation, of Level 3, 517 Flinders Lane, Melbourne, Victoria ("VPC"); and (4) A. Dunstan Timber Sales Pty Limited (ACN 004 660 333) (the "Company"). WHEREAS 25 A. On the 7th April 1987 an Agreement (the "Dunstan Agreement") was entered into between The Treasurer of the State of Victoria of the first part and The Minister for Conservation, Forests and Lands of the second part and the Forests Commission ("the Commission") of the third part and A. Dunstan Timber Sales Pty Ltd of the fourth part. By section 5 of the Forests 3 531226B.I1-15/9/97

 


 

Forests (Dunstan Agreement) (Amendment) Act 1997 s. 7 Act No. (Dunstan Agreement) Act 1987, the Dunstan Agreement was ratified, validated, approved and given the force of law. B. On the 23rd April 1986 an Agreement ("Bowater-Scott Agreement") was entered into between The Treasurer of the State of Victoria of the 5 first part, and The Minister for Conservation, Forests and Lands of the second part and the Commission of the third part and Bowater-Scott Limited of the fourth part. By section 5 of the Forests (Bowater-Scott Agreement) Act 1986 the Bowater-Scott Agreement was ratified, validated and approved and given the force of law. 10 C. Clause 29(1) of the Dunstan Agreement permits VPC and the Company to amend the Dunstan Agreement "by such addition, deletions and variations of matters of detail as may be necessary or desirable to facilitate the carrying on of the industry". D. By a Notice of Variation dated the 28th day of March 1991 made 15 between the Acting Director-General of the Department of Conservation and Environment and the Company, the Dunstan Agreement was amended pursuant to clause 29(1). E. By a Notice of Variation dated the 5th day of July 1992 made between the Director-General of the Department of Conservation and 20 Environment and the Company, the Dunstan Agreement was amended pursuant to clause 29(1) but such amendment has been rescinded with effect from its date of inception. F. By an Amending Agreement dated the 27 day of March 1997 between VPC and the Company, the Dunstan Agreement was amended pursuant 25 to clause 29(1). G. By section 30 of the Victorian Plantations Corporation Act 1993 any reference to the Director-General or the Forests Commission in either of the Dunstan Agreement or the Bowater-Scott Agreement must on and from 1 July 1993 be taken as a reference to VPC. 4 531226B.I1-15/9/97

 


 

Forests (Dunstan Agreement) (Amendment) Act 1997 s. 7 Act No. H. On the 24th day of February 1995 Bowater-Scott Limited changed its name to Carter Holt Harvey Wood Products Australia Limited ("CHH"). I. VPC and CHH wish to enter into a log supply contract and to 5 contemporaneously terminate the Bowater-Scott Agreement in accordance with clause 30(2) of the Bowater-Scott Agreement. J. Clause 12 of the Dunstan Agreement sets out the entitlement of Dunstan to a minimum annual supply of sawlog but such entitlement is expressed to be "subject always to the existing entitlement to Bowater- 10 Scott Limited of softwood in the Ovens and Koetong Plantations". K. The parties wish to amend the Dunstan Agreement so that in the event that the Bowater-Scott Agreement is determined, the expression "the existing entitlement to Bowater-Scott Limited" is expressed in more objective terms, to facilitate the amendment of the Dunstan Agreement 15 where the approval of the Minister is given and for other purposes. NOW THIS DEED WITNESSETH: 1. In clause 1 of the Dunstan Agreement the definition of "Commission" shall be deleted and the following substituted therefor: "Commission" means the Forests Commission, its successors and 20 assigns until 30 June 1993 and on and from 1 July 1993 means Victorian Plantations Corporation, its successors and assigns. 2. In clause 12(1) of the Dunstan Agreement the expression "existing entitlement of Bowater-Scott Limited" shall be deleted and the words "Reserved Entitlement of the Commission" substituted therefor. 25 3. In clause 12(1) of the Dunstan Agreement the expression "Ovens and Koetong Plantations" where twice appearing shall be deleted and the expression "Koetong Plantations" substituted therefor. 4. Clause 12(1)(cc) of the Dunstan Agreement shall be deleted. 5 531226B.I1-15/9/97

 


 

Forests (Dunstan Agreement) (Amendment) Act 1997 s. 7 Act No. 5. Clause 12(1)(d) and the proviso to clause 12(1)(d) of the Dunstan Agreement shall be deleted and the following inserted therein: "(d) For the period year 1996/97 to year 1999-2000 - 72,000m3 per annum from the Koetong Plantations; 5 (e) For the period year 2000/01 to year 2025/26 - 96,000m3 per annum from the Koetong Plantations. Provided that the Commission gives to the Company the right of first refusal on all volumes of sawlog available from the Koetong Plantations and subject always to the Reserved Entitlement herein 10 before referred to.". 6. At the end of clause 12 of the Dunstan Agreement the following sub- clause will be inserted: "(6) In this clause the expression "Reserved Entitlement" means for the period years 1996-97 to 2025-26 not less than 65,000 cubic metres 15 per annum of sawlogs equal to or greater than 20cm. CDUB with Radiata Pine as the major species from the Koetong Plantations but not in any event exceeding 375,000 cubic metres in any five year period.". 7. In clause 29 of the Dunstan Agreement a new subclause (3) will be 20 inserted: "(3) The Commission and the Company may with the approval of the Minister from time to time amend this Agreement where the proposed additions, deletions or variations do not fall within the scope of subclause (1) of this clause.". 25 8. The amendments made by clauses 1, 2, 3, 4, 5 and 6 of this Deed will take effect on the date hereof and remain in force notwithstanding that the Bowater-Scott Agreement is determined pursuant to clause 29 or 6 531226B.I1-15/9/97

 


 

Forests (Dunstan Agreement) (Amendment) Act 1997 Act No. clause 30(2) of the Bowater-Scott Agreement or is validly terminated for any other reason or cause. The amendment made by clause 7 will take effect on the date upon which the Parliament of the State of Victoria ratifies this Deed. 5 9. In all other respects the provisions of the Dunstan Agreement as amended by the Notice of Variation referred to in Recital D and the Amending Agreement referred to in recital F are confirmed. 10. The Minister sanctions this Agreement. IN WITNESS WHEREOF the parties have executed this Deed the day and year 10 hereinbefore written. SIGNED, SEALED AND DELIVERED ALAN R by The Honourable, the Treasurer of the STOCKDALE State of Victoria in the presence of: MARC CARDEN Witness SIGNED, SEALED AND DELIVERED by The Honourable, the Minister for MARIE T TEHAN Conservation and Land Management in the presence of: PENNY CAMPBELL Witness The Official Seal of VICTORIAN PLANTATIONS CORPORATION was LS hereunto affixed by authority of it's directors in the presence of: R E CLEMENTS, Director K S WHITE, Managing Director The Common Seal of A. Dunstan Timber Sales Pty Limited (ACN 004 660 333) was hereunto affixed by authority of a resolution of its Board of Directors under the hands of a Director and LS Secretary thereof both being duly authorised in that behalf in the presence of: 7 531226B.I1-15/9/97

 


 

Forests (Dunstan Agreement) (Amendment) Act 1997 s. 7 Act No. A VOGT, Director G FABER, Secretary '. 8 531226B.I1-15/9/97

 


 

Forests (Dunstan Agreement) (Amendment) Act 1997 Notes Act No. NOTES By Authority. Government Printer for the State of Victoria. 9 531226B.I1-15/9/97

 


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