42A
In forceTerm and review of agreements
Part 4Management of State forests, timber reserves and forest entitlement areas
Division 3Commercial activity agreements
42A Term and review of agreements
(1)
A commercial activity agreement must not be for a term longer than 15 years from the day the agreement takes effect.
(2)
The commercial activity agreement may allow for the term of the agreement to be extended at any time but the term of the agreement must not at any time be longer than 15 years.
(3)
The commercial activity agreement may also provide for—
(a)
a review of the agreement to be conducted at stated intervals; and
(b)
the matters to be considered on the review.
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