KUCHING, May 17 — The Forests Bill, if passed by the state assembly, will make Sarawak the first state in Malaysia to grant a licence, for a specific term, to any person to carry out forest carbon activity in any permanent forest, state land or alienated land.
Section 70A of the Bill seeks to empower the director of Forests to grant a licence, with a written approval from the state minister of Natural Resources and Urban Development. Under subsection 70A of the Bill, a licence holder shall be entitled to participate in the carbon trading to which it has full legal and beneficial title in accordance with the applicable Carbon Standard Rules.
The Bill also seeks to empower the court to order the offender to pay an amount equivalent to 10 times the value as assessed by the director of forest produce or other properly related to or involved in the commission of the offence.
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