Crop Trees
Trees left standing following a thinning operation.
Trees left standing following a thinning operation.
When a forestry investor sells shares in an Ordinary Partnership or Limited Partnership, section HG 5 of the Income Tax Act 2007 taxes the sale proceeds from the treecrop, but allows a $50,000 safe harbour threshold per partnership in any 12-month period under which this taxation treatment does not apply. The $50,000 safe harbour is called [...]
The name of the document approved by the General Partner under which the Assignor (e.g. seller) transfers to the Assignee (e.g. buyer) ownership in the Assignor’s Limited Partnership shares. A limited Power of Attorney is granted to Trustee Executors Limited (the Supervisor) by the limited partners for administrative or procedural matters in maintaining the Limited [...]
Applies to an historic investment structure used by Forest Enterprises, the ordinary partnership. The name of the governing document setting out the terms and conditions of the operation of a partnership to which an investor is a party.
Following the registration under the Financial Markets Conduct Act 2013 of our 49 public issue Managed Investment Schemes, the Deed of Scheme Management is now the pre-eminent governing document in respect of these investments, and incorporates all the elements required under the Act.
Diameter Breast Height is used to describe a tree diameter taken at a standard height of 1.4 metres above ground level.
Investing in forestry by directly owning trees and land. Direct forestry investments normally focus on one block of land, and comprise a group of investors who collectively own the land and trees according to their shareholding. A crop of trees is planted, tended and eventually harvested from the block of land by a manager on [...]
A direct debit is an electronic means of paying bills from a bank account when they fall due, such as for paying Calls. An investor authorises Forest Enterprises to automatically withdraw from their nominated account the exact amount owing, as a convenient way to meet payment deadlines and avoid fees for paying by cheque or [...]
The cash return to Investors from the net proceeds of harvest revenue. Payment of distributions is likely to be made up to four times per year once cashflow from harvest has commenced, harvest expenses have been paid, and when surplus funds are available. Not all harvest income (distributions) is paid in the same year as [...]
The largest trees in a stand.