Statutes and Regulations

SCHEDULE C – Determining Overcut or Undercut During Transition
	Determining overcut or undercut
	1	(1)	The following formula will be used for the purpose of determining the overcut or undercut position of a holder of an agreement, if the trial program for the area covered by the applicable agreement begins or ends part way through a cut control period:
			overcut or undercut = (100% - TC) x AAC x CCP
			where
		overcut =	the product of the formula when TC is greater than 100%;
		undercut =	the product of the formula when TC is less than 100%;
		TC =	the total amount of timber harvested, based either on volume or area, as applicable, expressed as a percentage of the sum of the allowable annual cuts that were available to the licensee during the applicable cut control period, as determined in accordance with the formula set out in subsection (2);
		AAC =	the allowable annual cut that is
			(a)	in effect for the tree farm licence area during the cut control period that immediately follows the cut control period in which the trial program begins or ends, and
			(b)	is available to the licensee;
		CCP =	a cut control period during which the amount of timber harvested from the tree farm licence area was regulated by volume for part of the period and by area for part of the period.
		(2)	For the purposes of the formula set out in subsection (1), TC is to be determined in accordance with the following formula:
			where
		VP =	the sum of the years or fractions of years, as applicable, within the CCP during which the allowable annual cuts that were in effect for the tree farm licence area were based on the volume of timber that may be harvested;
		CCP =	a cut control period during which the amount of timber harvested from the tree farm licence area was regulated by volume for part of the period and by area for part of the period;
		VH =	the total of
			(a)	the volume of timber that was actually harvested during the VP, and
			(b)	if applicable, the volume of timber that is considered treated, under the cut control provisions of the Forest Act, to a volume that was harvested during the CCP;
		VC =	the sum of the allowable annual cuts, in effect for the tree farm licence area and available to the licensee, that, during
			(a)	a year within the CCP, or
			(b)	a fraction of a year within the CCP, in which case the allowable annual cut is to be pro-rated accordingly,
			as applicable, were based on the volume of timber that may be harvested;
		AP =	the sum of the years or fractions of years, as applicable, within the CCP, during which the allowable annual cuts that were in effect for the tree farm licence area were based on the area from which timber may be harvested;
		AH =	the total of
			(a)	the amount of land from which timber was actually harvested during the AP, and
			(b)	if applicable, the amount of land that is considered treated, under the cut control provisions of the Forest Act, to be an area from which timber was harvested during the CCP;
		AC =	the sum of the allowable annual cuts, in effect for the tree farm licence area and available to the licensee, that, during
			(a)	a year within the CCP, or
			(b)	a fraction of a year within the CCP, in which case the allowable annual cut is to be pro-rated accordingly,
			as applicable, were based on the area from which timber may be harvested.
[Provisions of the Forest Act, R.S.B.C. 1997, c. 157, relevant to the enactment of this regulation: section 151.3]
[ TOC | Sch. A | Sch. B | Sch. C ]

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