Companies Informed of 8 Percent Quota

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Ministry of Forestry and Research is informing the public and all logging companies of the inclusion of a new Regulation 10(zg) to the Forest Resource and Timber Utilization (Felling License) Regulation 2005.

THE Ministry of Forestry and Research is informing the public and all logging companies of the inclusion of a new Regulation 10(zg) to the Forest Resource and Timber Utilization (Felling License) Regulation 2005.

This is effective as of the date it has been gazetted by cabinet on November 2017 and is now being enforced by the Forestry office beginning this year 2018.

In an issued statement the Forestry Office explains that the eight (8) percent included in this regard is compulsory for all valid operating logging companies or licensees in the country.

It says according to the amendment, all companies are to adhere to producing 8 percent of its annual quota be a produce of milling.

That simply means, it has to produce sawn timbers through milling with that eight percent.

Once the company has a felling license only and no milling license, it must supply that eight percent of its annual quota to an established individual owned sawmill or organization who operates sawmill with valid milling license, it explains.

“This is compulsory for every companies operating in the Solomon Islands and no one is exempted.

“Failure to comply or in breach of this would mean, facing severe penalties to be imposed even to the extent of licenses to be suspended or cancelled,” it adds.

The Forestry office says it is important that all companies must be aware of this newly included part to the FRTUA Regulation.

It adds although information has been relayed formally to the companies, the public must also be made known of this latest change.