F-4.1 - Forest Act

Full text
224. Where a forest management unit established pursuant to section 223 for a holder of a timber supply and forest management agreement includes a forest area where the works referred to in section 218 have been carried out before 1 April 1987 by another person who was the holder of a timber limit or of a timber supply agreement in that area, the timber supply and forest management agreement holder shall pay to that person an indemnity equal to the residual value of those works. That value is established according to the method prescribed by regulation of the Government.
Where the forest area referred to in the first paragraph devolves to the Minister in accordance with section 96, he shall pay to the person who carried out the works an indemnity established in the same manner if the person has not obtained a timber supply and forest management agreement pursuant to this chapter.
1986, c. 108, s. 224.