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(1) The Minister on the recommendations of the Forestry Commission may by legislative instrument make regulations-

(a) prescribing procedure for the identification of lands suitable for grant of timber rights;

(b) prescribing the procedure for application, processing and grant of' timber rights;

(c) on the terms and conditions for timber rights;

(d) in respect of the Logging Manual to ensure proper harvesting and yield;

(e) prescribing the rate of royalties, fees, management service charges and other charges payable in respect of timber;

(f) criteria for categorizing timber operations in terms of scale of operations;

(g) on procedure for salvage and disposal of abandoned timber or seized timber produce;

(h) specifying the proportion of timber originating from timber utilization contracts to be made available to the domestic and export market;

(i) on approved hours for timber harvesting and for conveyance of harvested timber;

(j) on registration and operation of chainsaws and chainsaw operators on land to which this Act applies;

(k) prescribing species of trees considered "depleted", "threatened," " endangered" or "economically extinct" and specifying the conditions under which they may be felled;

(l) prescribing conditions for harvesting trees for domestic or social purposes; and

(m) generally for the purpose of giving effect to the provisions of this Act.

(2) An instrument made under subsection (1) may provide for breach of any provision therein, a penalty of not less than 250 penalty units and not exceeding 1000 penalty units or imprisonment for a term not exceeding 2 years or both; and for a fine of not less than 1000 penalty units for a second and any subsequent offence under the instrument. [As inserted by the Timber Resources Management (Amendment) Act, 2002 (Act 617), s.5]