The South East Forestry Industry Roundtable has given final approval regarding the conditions of the sale of state timber forests. Source: ABC News
A roundtable sub-committee spent the last few weeks examining the draft conditions and consulting with Treasury and crown law solicitors.
Chairman Trevor Smith says the committee handed down its report, which the roundtable considered before giving its approval.
“What we’ve been discussing is just the final details to ensure there is clarity about any new purchaser’s responsibilities and obligations,” he told the ABC.
“There has been no conflict or no difference of opinion between the parties and what we have now is the final draft as agreed to by all the parties that accurately reflects the conditions of sale that have been agreed to between the Treasurer and the Roundtable,” he said.
Mr Smith says he is satisfied the conditions protect the industry and the local community.
“All of those matters that were deemed to be important and were required to be incorporated into the then pending contract have clearly been achieved and we believe that this sets a very strong foundation for the future viability for this industry.”