Law “On registration of timber and roundwood in the process of commercial transactions”. Country/Territory Latvia Document type Legislation Date 2004 Source FAO, FAOLEX Subject Forestry Keyword Timber Timber extraction/logging Inventory Registration Standards Internal trade Geographical area Europe, European Union Countries, Northern Europe Entry into force notes This Law enters into force on 1 July 2005. Abstract This Law deals with registration of timber and roundwood in the process of commercial transactions, including timber extraction, processing and re-processing. The scope of this Law shall be to introduce a unified system of registration of timber and roundwood at all stages and also to promote fair competition and tax collection. The amount of timber extraction shall be established in accordance with forest inventory. The amount of roundwood shall be measured in accordance with the Latvian nation Full text Russian Website latvia.news-city.info