๐ Forest Products Amendment Act 2022
020 of 2022Assented 24 June 2022
The Forest Products Amendment Act 2022 amends the Forest Products Act 2000 to include provisions for the storage of carbon in forest products, allowing the Forest Products Commission to engage in activities related to carbon storage and trade.
Impact
The Act affects the Forest Products Commission, landowners, and potentially businesses involved in carbon trading. It allows the Commission to acquire land and exploit carbon storage rights, potentially creating new revenue streams and impacting land management practices.
Sectors
environmentagricultureresources
This Act originated as a bill
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