SUSTAINABLE FORESTS (TIMBER) ACT 2004 - SECT 14 Property vests in VicForests on publication of order

SUSTAINABLE FORESTS (TIMBER) ACT 2004 - SECT 14

    (1)     On the publication of an order under section 13, property in the timber allocated by the order is vested in VicForests.

    (2)     VicForests may only harvest and sell, or harvest or sell, vested timber resources in accordance with the order.

    (3)     Subject to this Act and to the allocation order, VicForests is entitled to retain the revenue received from harvesting and selling, or harvesting or selling, vested timber resources.

S. 15 substituted by No. 42/2013 s. 6.