Choice Forestry PDS 2012 - WA Blue Gum Project

In this Product Disclosure Statement, unless the contrary intention appears, the following words have the followingmeanings:Agreement to Sub-leaseApplicantApplication FormApplication FundApplication MoneyASICCompliance PlanConstitutionCorporations ActCustodianDirectorsmeans (when applicable) the agreement to sub-lease between W.A. BlueGum Limited and the Grower, or in the case of Joint Venture Growers, thesecond Joint Venture Grower, pursuant to which that Grower agrees to takea sub-lease of property on which to Establish Plantations, details of whichare set out in Section 10.4means a person who has duly completed and submitted an Application tothe Responsible Entity Application means a duly completed ApplicationForm pursuant to which an Applicant applies for an Interest in the Projectmeans the application form attached to and accompanying this PDSmeans the bank account opened by the Project Manager for the purpose ofreceiving all Application Moneysmeans the amount which every Applicant is required to pay for an Interest inthe Project (i.e. $10,000 (including GST) per hectare, the minimum amountbeing $20,000 (including GST) being the amount required to Establish 2hectares of plantations and partially pre-pay rent )means the Australian Securities and Investments Commissionmeans the Compliance Plan of the Projectmeans the Constitution (as defined in Section 9 of the Corporations Act) ofthe Projectmeans the Corporations Act 2001 (Cth)means Sandhurst Trustees Limited ACN 004 030 737 or such othercustodian of the Project as may be appointed from time to timemeans the directors of W.A. Blue Gum Limited ACN 060 179 982, being theResponsible Entity and Project ManagerDivision 394 means Division 394 of the ITAA 1997EstablishmentEstablishment PeriodForestry ContractorGrowerHarvestIndexedInterestITAA 1936ITAA 1997means all silvicultural activities until and including the first planting of thePlantation and the application of fertilisers and herbicides at the time of thefirst planting of the Plantationmeans the period described in Division 394 of the ITAA 1997 ending no laterthan 18 months after the end of the year of income in which the ApplicationMoney is paidmeans WACAP Treefarmsmeans a person who holds an Interest in the Project (and in the case ofJoint Venture Growers, both of them) and whose name has been enteredinto the register of Growersmeans the cutting down, felling or logging of trees and the extraction orremoval of the trees so cut down, felled or logged to a loading point,whether conducted as one operation or more than one operation andHarvested and Harvesting have a similar meaningmeans adjusted by the percentage increase (if any) in the Consumer PriceIndex (All Groups, Perth) during the preceding 12 months or during suchother period as may be specifiedmeans the combined interest of a Grower in a Plantation and in thatGrower’s Project Agreementsmeans the Income Tax Assessment Act 1936 (Cth)means the Income Tax Assessment Act 1997 (Cth)