A-18.1 - Sustainable Forest Development Act

Section 337 Disposition versions

2013-04-09

337. Cancellation of the agreements does not give agreement holders the right to an indemnity.

However, holders of a timber supply and forest management agreement and holders of a forest management agreement are entitled, respectively,

(1)  to obtain a timber supply guarantee on the conditions set out in Division II of this chapter; and

(2)  to obtain a forestry permit to harvest timber to supply a wood processing plant or to enter into a local forest management delegation agreement on the conditions set out in Division III of this chapter.

2010, c. 3, s. 337; 2013, c. 2, s. 59.

2010-04-01

337. The cancellation of the agreements does not give agreement holders the right to an indemnity, except as regards the infrastructures, such as roads, bridges and forest camps, established by them under a plan approved by the Minister.

The Government grants agreement holders an indemnity deemed fair and equitable for the infrastructure expenses for which no subsidies or credits were granted, after giving them the opportunity to submit observations.

The indemnity is based on the net value of the infrastructures after depreciation, according to the book value entered in the accounting records of the enterprise and the vouchers submitted. The indemnity may be paid to an agreement holder in a lump sum or be credited to the purchase of volumes of timber from forests in the domain of the State or be paid in any other manner determined by the Government.

2010, c. 3, s. 337.