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Treefarm Investment Managers Association (TIMA) was formed in 2000 as a special interest branch of Australian Forest Growers with the slightly different name, Treefarm Investment Managers Australia.
TIMA changed to an independant non-profit public company in December 2007. TIMA shares common interests with other broad acre plantation growers. For example, the national plantations strategy (Plantations for Australia: the 2020 Vision), infrastructure provision and funding, land use planning amd environmental guidelines, right to harvest legislation, industry and market development, pest and disease management, training and skills development, Occupational Health and safety, certification of sustainable forest management, research and development, natural resource management, carbon sinks, community acceptance of plantations in the landscapes, etc.
But the unifying focus of TIMA is the application of corporate and tax law that governs the operation of the managed plantation investment sector, and the compliance with that law...
Corporations Law - especially the Finacial Services Reform Act, and the Corporations Act, incorporating the Manged Investments Act, and the activities and performance of the main regulator, ASIC.
Tax Law - especially the Income Tax Assesment Act, and the activities and performance of the main regulator, ATO, particularly through its Product Rulings Program.
The strict regulatory regime of the Corporations Act 2001, the Financial Services Reform Act 2001, and the ATO's Product Rulings program (since 1998) has enabled the business structures adopted by the managed timber plantation investments sector to become the most effective means of raising funds for investment in broad-acre plantations.
On behalf of its many thousands of growers, the managed timber investments sector has established between 70% and 80% of all new plantations in Australia since 1997, and is now responsible for managing around 500,000 hectares of hardwood and softwood plantations.
For more information regarding TIMA please do not hesitate to Contact Us |
