Regulation concerning Procedures to Access and Manage Funds on Behalf of Affected Communities by Community Forestry Development Committees (No. 111-10).

This Regulation of the Forestry Development Authority (FDA) implements provisions of the National Forestry Reform Law of 2006, which allocates to counties and local communities a percentage of land rental fees collected from commercial forestry operations contributes to the sustainable management of the Republic’s forest estate and helps to ensure that the people most affected by timber extraction also share in its benefits. This Regulation provides for procedures for allocating and distributing in a transparent and accountable manner such financial benefits to counties and local communities entitled to benefit sharing under Forest Resources Licenses. There shall be a Trust, which shall be governed by a Trust Board. The Holder of a Forestry Licence shall pay its land rental fee to the Ministry of Finance annually. In conformity with Section 32 of Authority Regulation 106-07, the Authority shall transfer thirty percent (30%) of the money within the land rental fee account on a quarterly basis into the Trust account. A Community Forestry Development Committee may request disbursement of funds only if the Committee satisfies the requirements of Section 62 of Authority Regulation 105-07. Community Forestry Development Committees shall submit written project proposals to the Trust Board requesting funds for a specified project. These project proposals shall include the information specified.