Forestry Damage Compensation Act. Country/Territory Germany Document type Legislation Date 1969 Source FAO, FAOLEX Original source Bundesgesetzblatt, Part I, No. 89, 3 September 1969, pp. 1533-1536. Long titleAct on compensation of effects of special loss events in forestry. Subject Forestry Keyword Timber Timber extraction/logging Subsidy/incentive Forest management/forest conservation Geographical area Alps, Europe, EUROPE AND CENTRAL ASIA, European Union Countries, North Sea, North-East Atlantic, Western Europe Abstract The present Act lays down provisions relating to compensation for forest damages to avoid market disturbances. The text - consisting of 13 articles - deals, inter alia, with the following aspects: normal logging, limitation of timber import, tax-free reserve for the formation of a corporate compensation fund, operating expenses, other tax measures, inventories in the timber industry, implementing provisions, penalties. Full text German Website www.bgbl.de