Pre-1990 Dates Looming

August 1, 2011 at 3:55 pm Leave a comment

Until 30 September 2011, the landowner can apply for an exemption if less than 50 hectares of pre-1990 forest land was owned as at 1 September 2007.

Until 30 November 2011, the landowner (as at 20 July 2010) can apply for an allocation of NZUs under the Allocation Plan. The allocation is:
• 18 units per hectare for CFL land transferred after 1 January 2008; or
• 39 units per hectare for land transferred since 31 October 2002; or
• 60 units per hectare for all other eligible land.

If you wish to make an application don’t leave it until the last minute!

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