Regulation on Registration of Timber Export Sales Contracts (FDA Regulation No. 2)

"CONSERVING THE NATION'S FOREST RESOURCES IS OUR BUSINESS" Vol I No. 9 FDA NEWSLETTER MAIN ITEM August 31, 1978 FORESTRY DEVELOPMENT AUTHORITY REGULATION NO. 2 ON REGISTRATION OF TIMBER EXPORT SALES CONTRACTS FORESTRY DEVELOPMENT AUTHORITY REGULATION NO.2 REGULATION ON REGISTRATION OF TIMBER EXPORT SALES CONTRACTS WHEREAS, the Act creating the Forestry Development Authority, ap proved November 1,1976 and published December 20, 1976 has, inter alia, conferred upon t~e Forestry Development Authority the power to control the transportation and export of forest products by land, water, or air (Section 4 f); and WHEREAS, the said Act has conferred upon the Forestry Development Authori ty the power to promulgate, issue, amend and rescind forestry rules and regulations to insure the accomplishment of all the policies and objectives of the Forestry Development Authority (Section 4 j) and n ) ; WHEREAS, the Forest Concession Agreements of the Republic of Libe ria have obligated all-forest concessionaires to make such reports as the authorities may require; and WHEREAS, the Regulation on Fi1.ing of Purchase Contracts of the for mer Ministry of Agriculture-Bureau of Forest Conservation dated Februa ry 6, 1976 - Ref. 0486-10 - needs upgrading; NOW, THEREFORE, the Forestry Development Authority does hereby rule and regulate; Section 1. Definitions: In this Regulation the following words have the meaning indicated unless the context otherwise requires; (1) (2) Sales Contract: All contracts, agreements or arrangements, in cluding all subsequent corrections, changes and amendments thereof, pertaining to the export of timber in whatever legal form including, but not limited to, sale, exchange, barter, gifts; Timber: All unprocessed and processed forest produ~ts as defined in Section 20.1 of the Revenue and Finance Law of the Republic of Liberia, approved May 24, 1977 and published June 20, 1977. Section 2. Sales Contract to be in Writing: (l) Sales Contracts for the export of Timber from the Republ ic of Liberia shall be exclusively in writing. (2) The Sales Contract shall contain, but not be limited to: (a) Total volume (cbm) (b) Volume by species (c) Price per species (cbm) (d) Original concession (e) Address of foreign recepient of Timber 6 (f) Property mark of buyer/exporter (g) Business Registration No. of buyer/exporter (h) Port of loading. (3) The Forestry Development Authori ty reserves the right to pre scribe at a later date, by way of an Amendment to this Regula tion, a uniform Sales Contract form for all Timber exports from the Republic of Liberia. Section 3. Filing of Sales Contract: The parties concluding a Sales Contract for the export of Timber from the Republic of Liberia shall file one signed copy of the original one week after the conclusion of- the Sales Contract with the Utiliza tion Division, Forestry Development Authority, P. O. Box 3010, Sinkor Old Road, Monrovia, Liberia. Section 4. Issuance of Receipt: (1) After due filing of the Sales Contract according to Section 3, the Utilization Division, Forestry Development Authority shall after duly recording the Sales Contract and its contents, issue wi thin one week after filing a "Receipt of Sales Contract" on the form according to Annex I of this Regulation to (a) the filer of the Sales Contract, and (b) the Forestry Development Authority's Port Timber Inspector of the port of loading designated in the Sales Contract. (2) The Managing Director of the Forestry Development Author! ty shall determine the further administrative details. Section 5. Issuance of Export Permits: (1) An Export Permit for the export of Timber from the Republic of Liberia shall be issued by the Forestry Development Authority's Port Timber Inspector only after prior receipt and due recording by the Forestry Development Authority's Port Timber Inspector of the "Receipt of Sales Contract" according to Section 4 (1) above. (2) In the case of several partial shipments under one Sales Con tract, the Forestry Development Authority's Port Timber Inspec tor shall compute in his register each partial shipment under the respective Sales Contract and he shall issue an Export Per mi t only for the unexpended balance of the respective Sales Contract. (3) The Managing Director of the Forestry Development Authority shall determine the further administrative details. Section 6. Repealers: All prior rules and regulations concerning the fi ling of Timber Sales Contract are hereby repealed. Section 7. Effective Date: This Regulation shaf I become effective on October 1, 1978 and shall be announced in the public media and be publIshed in the "FDA Newsletter". 7 Monrovia, Liberia August 30, 1978. JWT:GWS:cmj:ssgb John T. Woods John T. Woods MANAGING DIRECTOR ANNEX I FORESTRY DEVELOPMENT AUTHORITY P. O. BOX 3010, MONROVIA, LIBERIA RECEIPT OF SALES CONTRACT 1) TO FDA Port Timber Inspector (Address) I NO. On the authority of FDA Regulation No. 2 on Registration of Timber Export Sales Contracts you are hereby instructed to record the Timber Export Sales Contract No. between and of (Name and Address) for (Date) (Volume) of LOGS/LUMBER/SPECIES etc. and issue Export Permit(s) for said Timber Export Sales Contract duly recording and adding each partial shipment until the above cbm-volume has been exported. 2) TO (Name of Filer) (Address) The Forestry Development Authority hereby acknowledges receipt of the above Timber Export Sales Contract and has instructed the above Forestry Development Authority Port Timber Inspector to issue Export Permit(s) in a volume (cbm) not exceeding the said Timber Export Sales Contract. Monrovia, Seal of FDA 3) CC: FDA-files /cmj/ssgb 1978 9 FOR THE FORESTRY DEVELOPMENT AUTHORITY Signature