Timber Resources Management (Amendment) Regulations, 2003 (L.I. 1721).

These Regulations amend the Timber Resources Management Regulations, 1998 in relation with the procedure for competitive bidding for the grant of timber rights. Competitive bidding shall be the basis of allocation of timber rights, and shall be in two stages, i.e. a pre-qualification and bidding for timber rights. Only pre-qualified applicants shall be eligible for invitation to bid. The Regulations set out pre-qualification requirements. Applications shall be assessed by the Timber Rights Evaluation Committee. The principal Regulations are also amended in provisions concerning terms and conditions of timber utilization contracts, monitoring functions of District Forest Officers and stumpage fees.