Forestry Encouragement Act 1962 (No. 20 of 1962). Country/Territory New Zealand Document type Legislation Date 1962 (2013) Source FAO, FAOLEX Long titleAn Act to authorise the making of loans, out of money appropriated by Parliament for the purpose, for the establishment and maintenance of farm woodlots and forest plantations. Subject Forestry Keyword Forest management/forest conservation Private forest Institution Subsidy/incentive Credit Contract/agreement Policy/planning Geographical area Asia and the Pacific, Australia and New Zealand, Oceania, South Pacific Abstract The Minister of Forests may make an advance to applicants for the purpose of establishing or managing a farm woodlot or to any local authority for the purpose of establishing or managing a forest plantation. The terms and conditions upon which applications for advances under this Act will be considered shall be in accordance with Regulations made under this Act. The Minister may enter into a forestry encouragement agreement with the owner or lessee of any land on which trees have been or are to be planted and in respect of which the Minister has made or proposes to make an advance under section 3 of this Act. Every such forestry encouragement agreement shall specify the particulars set out in section 5 including the species of trees planted or to be planted and the silvicultural treatment of the trees planted or to be planted. Full text English Website www.legislation.govt.nz References - Legislation Implemented by Forestry Encouragement Loans Regulations 1967 (No. 1967/29). Legislation | New Zealand | 1967 (1995) Keyword: Forest management/forest conservation, Private forest, Institution, Subsidy/incentive, Credit, Contract/agreement, Policy/planning Source: FAO, FAOLEX