Brief

Here is the summary:

The Forestry Marketing and Research and Development Services Act 2007 was enacted to provide for service provision for the forestry industry and related purposes. The Act provides for a company to receive Commonwealth funding for promotion, research, and development activities, as well as to be declared as the industry services body for the Australian forestry industry.

The Act includes provisions for a funding contract between the Commonwealth and a company, which outlines the payment terms and conditions for the company's activities. The contract may include provisions relating to assets and liabilities that will become those of the company under the Forestry Marketing and Research and Development Services (Transitional and Consequential Provisions) Act 2007.

The Minister has the power to give written directions to the industry services body in an emergency, which must be complied with by the body. The direction must be made for a purpose within the Commonwealth's legislative power and must not require the body to incur expenses greater than previously paid or expected.

The Act also includes provisions for the delegation of Ministerial powers and functions under the Act to certain employees in the Department.

Overall, the Forestry Marketing and Research and Development Services Act 2007 provides a framework for service provision for the forestry industry and related purposes.

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Australian Government - Federal Register of Legislation

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