Forestry Restructuring and Nature Conservation Act 1995 (NSW)

Forestry Restructuring and Nature Conservation Act 1995 No 50

An Act to provide for the payment of expenditure on forest industry restructuring, nature conservation and certain other environmental initiatives from the Environmental Trust, and for other purposes.

1 Name of Act This Act is the Forestry Restructuring and Nature Conservation Act 1995.

2 Commencement This Act commences on a day or days to be appointed by proclamation.

3 Definitions In this Act— Budget Papers means the Budget Papers tabled in Parliament (whether before or after the commencement of this section). Environmental Trust Act means the Environmental Trust Act 1998. Fund means the Environmental Trust Fund established under the Environmental Trust Act.

4 Payments from the Fund for certain programs (1) There is to be paid out of the Fund such amounts as the Minister for Climate Change and the Environment directs for payment into the Consolidated Fund to offset the amounts paid from the Consolidated Fund for the following expenditure— (a)–(c) (Repealed) (d) Expenditure for the purpose of implementing forestry restructure and assistance schemes and programs in the Brigalow and Nandewar and adjacent areas, including business exit assistance, timber worker assistance and industry development assistance, shown in the Budget Papers or declared in writing by the Treasurer as expenditure to be recouped from the Fund. That expenditure is referred to in this Act as Brigalow and Nandewar areas expenditure. (e) (Repealed) (1A) (Repealed) (2) The Treasurer is to certify to the Minister from time to time the amounts paid from the Consolidated Fund for the expenditure referred to in this section. (3), (4) (Repealed) (5) Money is not to be paid from the Fund under this Act in respect of Brigalow and Nandewar areas expenditure unless the Minister for Climate Change and the Environment and the Minister for Mineral and Forest Resources jointly certify that the expenditure has been incurred for the purposes of implementing a scheme or program designed to assist persons affected by Government forest conservation initiatives in the Brigalow or Nandewar areas. (6) (Repealed)