Regulation of the Minister of Environment and Forestry no. P.64/Menlhk/Setjen/Kum.1/12/2017 concerning Setting Benchmark Prices for Forest Products for Calculation of Forest Resources Provisions and Standing Compensation.

This Ministerial Regulation, based on the provisions of article 2 paragraph (4) of the Regulation of Minister of Forestry no. P.68/MENHUT-II/2014 regarding Determination of Benchmark Prices for Forest Products, Calculation of Provisions for Forest Resources and Standing Compensation, provides for setting benchmark prices for forest products for calculation of forest resources and standing compensation, in order to optimise State revenues from forestry sector and ensure sustainability of forest production. The Regulation concerns benchmark prices, based on the average selling price of timber and non-timber forest products; provisions of forest resources collected from State forests; special fund for reforestation and forest rehabilitation and related activities; standing compensation as a substitute for the standing value damaged or lost due to criminal penalties or violating acts. The attached schedules describe different types of forest products, in order to determine their benchmark price.