Definition

1   In this Act, "timber sale licence" means an agreement in the form of a timber sale licence under the Forest Act.

Timber sale licences cancelled

2   Each of the following timber sale licences is cancelled:

(a) Timber Sale Licence A54889, under which Sladey Timber Ltd. is the licensee;

(b) Timber Sale Licence A56175, under which Gurney Creek Trading Inc. is the licensee.

Direct award

3   Despite section 11 of the Forest Act, the minister responsible for the administration of the Ministry of Forests and Range Act, without advertising or accepting applications, may enter into a timber sale licence

(a) with Sladey Timber Ltd., as a replacement for Timber Sale Licence A54889, and

(b) with Gurney Creek Trading Inc., as a replacement for Timber Sale Licence A56175.

Criteria for award

4   A timber sale licence entered into under section 3 must

(a) be of substantially the same value as the timber sale licence cancelled under section 2 that it replaces, and

(b) describe one or more areas of land other than within the area that is the subject of the draft Sliammon Agreement-in-Principle dated February 24, 2001 and initialed by the parties to it.