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EV ¥ \                              Special Meeting Agenda
                                          RSENS       olf                          27 June 2018
                                             CSA)                             Attachment 2 to Item 1
                                           QXgIaN
                                          Queensland
                                          Government

                                  Deed of Funding
                 made at Brisbane on the          day of                   2018
 Between        State of Queensland acting through the Department of Environment and Science ABN 46
                640 294 485 (Department)
                Noosa Shire Council ABN 97 969 214 121 (Council) and
                Noosa Parks Association Incorporated ABN 18 870 049 909 (Association)
                (together, the Council and the Association are referred to as the Contributors)
 Background:
A.       The Department, the Department of Agriculture and Fisheries (DAF), Council, the Association and
         Hancock Queensland Plantations (HQP) are parties to a memorandum of understanding dated 18
         October 2017 outlining an intent to convert the Yurol and Ringtail State Forests to protected area
         tenure under the NCA.
B.       The relevant State Forest Land is made up of approximately 1,492 ha of Plantation Licence Area
         (PLA) in favour of HQP under the Forestry Act 1959 and approximately 910 ha of State Forest
         Timber Reserve not subject to.a plantation licence (Non-PLA).
 C.      The Department intends to transfer the sum of $3.5 Million to DAF to enable DAF to compensate
         HQP for relinquishing its harvest and any other rights under its plantation licence over the PLA
         within five years (Acquisition Costs), such funding and acquisition arrangements are to be
         recorded in an agreement between HQP and DAF (HQP/DAF Agreement) to be executed upon
         receipt by DAF of the Acquisition Costs from the Department, no later than 14 days from the date of
         transfer of the Acquisition Costs. The parties to this deed acknowledge that the HQF/DAF
         Agreement is ready for signature, pending completion of this deed.
 D.      As part of the HQP/DAF Agreement, DAF will facilitate amendments to HQP’s plantation licence
         with respect to the Yurol and Ringtail PLA so that within five years of the date of the HQP/DAF
         Agreement, HQP no longer has any rights or interest over the PLA.
 E:      HQP has indicated it will relinquish the right to harvest any hardwood in the PLA from the date of
         the HQP/DAF Agreement. However, HQP will retain its rights to harvest pine within the PLA for 5
         years from the date of the HQP/DAF Agreement.
 F.      DAF will retain access to state-owned hardwood plantations on State forests for up to 5 years from
         the date of execution of the HQP/DAF Agreement, with the specific areas of interest delineated on
         the Plan and marked “State Hwd Plantations — DAF interest about (136.38ha)”.
G.       Council and the Association have agreed to make the Funding Contribution to the Acquisition
         Costs.
 H.      The intent is that the former PLA will commence transition to protected area tenure under the NCA
         with Council as trustee within 5 years of the HQP/DAF Agreement or on completion of HQP’s pine
         harvest activities or DAF’s harvesting activities, whichever occurs the earliest.
 l;      The parties now enter into this deed in order to record the terms of the funding arrangements and

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Section 2

AWN
                                               ZENS     Of
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                                             QXgIaN
                                           Queensland
                                           Government
         obligations.
 Operative part:
 The parties covenant and agree:
A.     The Contributors will transfer the Funding Contribution to the Department in accordance with this
       deed.
B.     The Department will provide the Acquisition Costs to DAF to enable it to finalise the HQP/DAF
       Agreement.
C.     From execution of the HQP/DAF Agreement the State will commence a process to transition
       available Non-PLA within the Yurol and Ringtail State Forests into national park under the NCA
       (National Park) as delineated on the Plan and marked “Stage 1 — Proposed National Park tenure —
       about 357.3 ha”.
 D. _ The State will transition the remaining Non-PLA within Yurol and Ringtail State Forests into National
       Park in 5 years’ time, following the date of the HQ/DAF Agreement as delineated on the Plan and
       marked “Stage 2A — Proposed National Park tenure - about 991.22ha’”.
 E     Upon expiry or termination of HQP’s licence rights over the PLA in 5 years’ time in accordance with
       the HQP/DAF Agreement, or the completion of harvest activities by HQP or DAF, the Department
       intends to transition the former PLA to protected area tenure as a Conservation Park under the NCA
       with Council appointed as trustee as delineated on the Plan and marked “Stage 2B — Proposed
       Conservation Park tenure — about 1,039.81 ha’.
 Fz    At the time of transition of the former PLA to protected area tenure, at Council’s option and with the
       agreement of all parties, Council may offer to make a financial contribution to be negotiated and
       agreed with the Department for rehabilitation costs of parts of the pine plantation and fallow
       plantation areas to allow the former PLA area to transition direct to National Park tenure in lieu of
       Conservation Park under Council trusteeship as set out in paragraph E.
 G. — The Department will hold the Funding Contribution in an interest bearing account with the
       Queensland Treasury Corporation and will not draw down on such Funding Contribution until the PLA
       has been transferred to protected area status under the NCA as evidenced by Gazettal.
H.     On Gazettal under paragraph E, the Funding Contribution will be released to the Department to
       reimburse part of the Acquisition Costs.
 I.    If Gazettal under paragraph E has not occurred for any reason within seven (7) years of the date of
       this Deed, then the Funding Contribution will be returned to the Contributors as set out in this deed.
 if    On Gazettal, Interest accrued on the Funding Contribution will be released to the Department to be
       used by the Department to fund koala conservation projects in the Noosa Region and the
       Department agrees to consult with the Council and the Association in relation to such proposed
       projects.
K.     The parties intend to recognise and retain the rights of any apiary licences located in the Yurol and
       Ringtail areas for a period of 10 years from Gazettal. The facilitation of such rights to be managed by
       the Department.
 We    To assist with the management and transition process, the Council, NPA, HQP and the Department
       intend to form the Transition Committee with such committee’s role, responsibilities, membership and
       meetings being set out in its terms of reference set out in Schedule 3 of this deed.
 M.    Council is responsible for coordinating the rehabilitation of the former PLA (with the exception of the
       Hardwood PLA) with the additional funding support of the Association (outlined in a separate funding
       agreement between Council and the Association). This clause does not apply if clause F has been
       implemented.

                                                                                                        2

Section 3

ANN
                                              ZENS    Of
                                              5 <4
                                           QXgIaN
                                          Queensland
                                          Government
N.     Council's rehabilitation obligations of the former PLA are capped at 5 years from the date it becomes
       trustee of the Conservation Park. This clause does not apply if Clause F has been implemented.
O.     Upon completion of the capped 5 year remediation period, the State will (subject to clause 16.6 of
       Schedule 2) transition the Conservation Area to National Park tenure. This clause does not apply if
       clause F has been implemented.
 Pe    This deed sets out the terms and conditions, roles and responsibilities of the Contributors and the
       Department for the duration of the Term, and consists of:
       (a)   this cover page and the signing page;
       (b)   Schedule 1 — Deed details;
       (c)   Schedule 2 — Terms and conditions
       (d)   Schedule 3 — Transition Committee terms of reference
       (e)   Annexure — Plan
 Q. _ The parties acknowledge that nothing in this deed is intended to fetter, act as an estoppel or as an
       agreement about the exercise of discretion or the making of a decision or subordinate legislation
       under any law by the State of Queensland and its representatives.
 R.    Capitalised words and phrases have the meanings specified in clause 17.

                                                                                                     So

Section 4

us
                                          See
                                          Queensland
                                          Government
                                    Deed of Funding

Schedule 1 — Deed details

Item 1     Party details
Department:
Party Name:                State of Queensland acting through the Department of Environment and
                           Science
ABN:                       46 640 294 485
Street Address:            Level 5, 400 George Street, Brisbane QLD 4000
Contact Officer Name:      Lisa Watts, A/Director
Contact Officer Postal     Level 5, 400 George Street, Brisbane QLD 4000
Address:
Contact Officer Telephone: ,F      iY
Contact Officer Facsimile: N/a
Contact Officer Email
(notices cannot be given
by email):
Council:
Party Name:                Noosa Shire Council
ABN:                       97 969 214 121
Street Address:            9 Pelican Street, Tewantin, QLD 4565
Contact Officer Name:      Brett de Chastel, Chief Executive Officer
Contact Officer Postal     PO Box 141, Tewantin QLD 4565
Address:
Contact Officer Telephone: ;
Contact Officer Facsimile: N/a
Contact Officer Email
(notices cannot be given
by email):

Association

Party Name:                Noosa Parks Association Incorporated
 ABN:                      18 870 049 909
Street Address:            Environment Centre, 5 Wallace Drive, Wallace Park Noosaville QLD 4567
Contact Officer Name:      Michael Gloster, President
es oes es
Address:
Contact Officer Telephone: fF

                                                                                                4

Section 5

Contact Officer Facsimile:   N/a
 Contact Officer Email
 (notices cannot be given
 by email):

 Item 2      Term: (clauses 14.1 and 17.1)
 Commencement Date:           The date this deed is executed by the last party to do so
 Expiry Date:                 10 years after the Commencement Date

 Item 3      Funding Contribution: (clause3.1(a))
 Council:                     $1,166,666 (excluding GST)
Association:                  $1,166,666 (excluding GST)

 Total:                       $2,333,332 (excluding GST)

 With the Association’s       $541,666 (excluding GST)
 initial Funding Contribution
 to be paid by the
 Association to the
 Department:
 The remaining portion of     $$625,000 (excluding GST)
 the Association’s Funding
 Contribution to be initially
 paid by Council to the
 Department on the
 Association’s behalf:

 Whilst Council and the Association will ultimately pay equal portions of the Funding Contribution towards
 the Acquisition Costs, Council will initially pay the amount of $625,000 on behalf of the Association, and pay
 that directly to the Department on behalf of the Association in accordance with this deed. For the avoidance
 of any doubt the Department is to receive the full amount of the Funding Contribution ($2,333,332) in
 accordance with clause 3.1 of Schedule 2)

 Item 4      Special Conditions: (clauses 2 and 17.1)
 Nil
 IMPORTANT: Special Conditions take precedence over the terms of this deed. Legal advice should be sought on any
 Special Conditions that are inconsistent with the terms of the deed or which are significant (e.g. involve intellectual
 property, warranties, indemnities or liability). If no Special Conditions insert “NIL”.

                                                                                                         5

Section 6

Se oP
                                             OSE
                                             Queensland
                                             Government
                                       Deed of Funding

Schedule 2 — Terms and conditions
1.    Precedence
      Where any inconsistency exists between:
      (a)   the Special Conditions;
      (b) — this Schedule 2;
      (c)   Schedule 1 (except the Special Conditions); or
      (d)   any other schedules or annexures of this deed,
      the provisions will take precedence in that order to the extent necessary to resolve the inconsistency.
2.    Special Conditions
      The parties agree to be bound by any Special Conditions.
3.    Contributor’s obligations
3.1.  Each Contributor must:
      (a)    pay its part of the Funding Contribution to the Department within 5 Business Days of the later
            of:
            (i)    the provision of tax invoices for the amount of the Funding Contribution to each
                   Contributor by the Department; and
             (ii) | the date of this deed.
      (6)    not do anything or become involved in any situation which, in the reasonable opinion of the
             Department, reflects unfavourably upon the State of Queensland;
3.2   The Contributors may each provide the Department with reasonable notice requiring the return of
      their Funding Contribution (and accrued Interest), such notice to be served only on or after seven
      years from the date of this Deed. .
4.    Department’s obligations
4.1.  The Department must provide to each Contributor a valid tax invoice for its part of the Funding
      Contribution on or after the date of this deed.
4.2   The Department must:
      (a)    keep the Funding Contribution in an interest bearing account in the Department's name and in
            the Department's sole control, with Queensland Treasury Corporation until the earlier of:
             (i)   the date of Gazettal
             (ii) | 20 Business Days of receipt of a valid notice from both Contributors requiring the return
                   of each Contributor's Funding Contribution, such notices not to be served by the
                   Contributors before seven years from the date of this Deed
      (b)    if requested by a Contributor, provide the Contributor with a copy of a statement for the Bank
            Account, but no more than once each financial year
      (c)    use its reasonable endeavours to achieve Gazettal within seven years from the date of this
             Deed.
5.    Management
      (a) | Each party must nominate a Contact Officer responsible for:

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Section 7

            (i)     receiving communications;
            (ii)    issuing and signing notices; and
            (iii)   responding to requests or directions,
            on behalf of that party.
      (b)   A party may, from time to time, change the Contact Officer by written notice to the other parties
            in accordance with clause 15.
      (c)   The Contact Officers will meet to review the performance of this deed upon reasonable written
            notice given by any party.

6.    Interest
      Interest will be accounted for as follows:
      (a)   on Gazettal, the Interest will be released to the Department to be used and applied by the
            Department to fund koala conservation projects in the Noosa Region and the Department
            agrees to consult with the Council and the Association in relation to such proposed projects; or
      (b)   upon:
            (i)     expiry of this deed;
            (ii)    earlier termination of this deed; or
            (iii)   service of a valid notice on the Department by the Contributors under clause 3.2,
      and in that event, Interest will be remitted equally to the Contributors in addition to their respective
      Funding Contributions.

7.    Mutual Obligations
7.1   Records
      The parties must:
      (a)   keep proper and adequate records, accounts and supporting documents in accordance with
            generally accepted accounting principles and as required by law, about all aspects of this
            deed, including records about the performance of this deed and whether time frames and
            performance requirements for this deed are met in secure storage for at least 7 years after the
            Expiry Date; and
      (b)   comply with any additional recordkeeping obligations specified in this deed.
7.2   Compliance
      The parties must:
      (a)   comply with:
            (i)     the terms and conditions of this deed;
            (ii)    applicable laws and regulations;
            (iii)   standards of professional care and diligence of the industry to which the parties belong;
                    and
            (iv)    each other’s reasonable requests, directions and requirements, to the other party’s
                    satisfaction; and
      (b)   communicate with, report and provide information to each other’s Contact Officer as
            reasonably required by a party.

8.    Publication
      Before either Contributor may release a public statement or publish promotional material in any
      media about this deed, the Contributor must:
      (a)   at least 10 Business Days before the proposed statement or publication, provide to the
            Department a copy of the proposed statement or publication; and


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Section 8

     (b)   comply with all requests, amendments or conditions that the Department may reasonably
           require by written notice to the Contributor.

9.   Conflict of interest
     (a)   The Contributors warrant that, to the best of its knowledge and belief, after making diligent
           inquiries as at the date of signing this deed, no Conflict of Interest exists.
     (b)   The Contributors must not have, and must take all reasonable measures to ensure its
           Representatives do not have a Conflict of Interest.
     (c)   If, during the Term, a Conflict of Interest arises, or appears likely to arise, a relevant
           Contributor will notify the Department and the other Contributor immediately in writing and to
           take such steps to resolve or otherwise deal with the conflict to the Department’s satisfaction.
     (d)   If the Department is given notice of a Conflict of Interest pursuant to clause 9(c) or if the
           Department otherwise identifies that a Conflict of Interest exists, the Department may:
           (i)     direct the Contributor as to how to manage the Conflict of Interest and the Contributor
                   must comply with any reasonable direction so given by the Department; or
           (ii)    terminate this deed in accordance with clause 14.2.
     (e)   The Contributor must keep a record of each Conflict of Interest that arises and how it was
           managed.


10. Privacy and Personal Information
     (a)   This clause 10 applies where this deed amounts to a “service arrangement” under the
           Information Privacy Act 2009 (Qld).
     (b)   For the purpose of this clause 10, Personal Information has the meaning given in the
           Information Privacy Act 2009 (Qld).
     (c)   If either Contributor collects or has access to Personal Information in order to undertake the
           deed, the relevant Contributor must:
           (i)     comply with Parts 1 and 3 of Chapter 2 of the Information Privacy Act 2009 (Qld) in
                   relation to the discharge of its obligations under this deed, as if the Contributor was the
                   Department;
           (ii)    ensure that Personal Information is protected against loss and against unauthorised
                   access, use, modification, disclosure or other misuse;
           (iii)   not use Personal Information other than for the purposes of undertaking the deed,
                   unless required or authorised by law;
           (iv)    not disclose Personal Information without the consent of the Department, unless
                   required or authorised by law;
           (v)     not transfer Personal Information outside of Australia without the consent of the
                   Department;
           (vi)    fully co-operate with the Department to enable the Department to respond to
                   applications for access to, or amendment of a document containing an individual’s
                   Personal Information and to privacy complaints; and
           (vii)   comply with such other privacy and security measures as the Department reasonably
                   advises the Contributors in writing from time to time.
     (d)   The Contributor must immediately notify the Department on becoming aware of any breach of
           clause 10(c).
     (e)   On request by the Department, the Contributor must obtain from its Representatives engaged
           for the purposes of this deed, an executed deed of privacy in a form acceptable to the
           Department.




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Section 9

11. Warranty
     To the full extent permitted by law, all conditions and warranties not expressly stated in this deed are
     excluded, or if unable to be excluded then limited to the fullest extent permitted by law.

12. GST
     (a)   Words defined in the GST Law have the same meaning in this clause 12.
     (b)   If a party is required under this deed to reimburse or pay to another party an amount calculated
           by reference to a cost, expense, or an amount paid or incurred by that party, the amount of the
           reimbursement or payment will be reduced by the amount of any input tax credits to which that
           party (or an entity on whose behalf the party is acting) is entitled in respect of any acquisition
           relating to that cost, expense or other amount.
     (c)   If GST is payable by an entity (Supplier) in relation to any supply that it makes under or in
           connection with this deed, the parties agree that:
           (i)     any consideration (including the value of any non-monetary consideration) provided for
                   that supply under or in connection with this deed other than under this clause 12(c)
                   (Agreed Amount) is exclusive of GST;
           (ii)    an additional amount will be payable by the party providing consideration for that supply
                   (Receiver) equal to the amount of GST payable by the Supplier on that supply;
           (iii)   the additional amount is payable at the same time as any part of the Agreed Amount is
                   to be first provided for that supply and the Supplier will provide a tax invoice to the
                   Receiver in respect of that supply, no later than that time; and
           (iv)    to the extent, if any, that any consideration (or part thereof) is specified in this deed to be
                   inclusive of GST, that consideration (or the relevant part) will be excluded from the
                   Agreed Amount for the purposes of calculating the additional amount under
                   clause 12(c)(ii).

13. Dispute resolution
13.1 Dispute resolution process
     (a)   Subject to clause 13.3, the parties will adhere to the following procedure in relation to disputes
           arising from this deed, prior to the commencement of litigation or other external dispute
           resolution procedure.
     (b)   The Contact Officer for a party may notify the others in writing of the occurrence of a dispute
           (Dispute Notice) and the Contact Officers will try to resolve the dispute through negotiation.
     (c)   If the Contact Officers are unable to resolve the dispute within 15 Business Days from the
           receipt of the Dispute Notice, the dispute will be referred to:
           (i)     for the Contributors, the people holding the positions of Chief Executive Officer (or
                   equivalent); and
           (ii)    for the Department, the Deputy Director General or the Director General of the
                   Department,
           for resolution.
     (d)   If the dispute is not resolved within 15 Business Days after its referral to the representatives of
           each of the parties listed in clause 13.1(c), either party may refer the dispute to a mediator
           agreed by the parties with costs to be shared equally between the parties.
     (e)   If the parties cannot agree upon a mediator, either party may request the President of the
           Queensland Law Society to nominate a mediator.
13.2 Continuity during dispute
     Notwithstanding the existence of a dispute, each party will continue to perform its obligations under
     this deed.
13.3 Urgent interlocutory relief


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Section 10

     Nothing in this clause prevents either party from commencing court proceedings relating to any
     dispute arising from this deed at any time where that party seeks urgent interlocutory relief.

14. Term and termination
14.1 Term
     This deed binds the parties from the date this deed is executed by the last party to do so and
     continues until the Expiry Date, unless terminated earlier in accordance with this clause 14 (Term).


14.2 Termination for breach
     The Department, Council or Association may terminate this deed by written notice with immediate
          effect if another party:
            (i)     breaches a term of this deed which is not capable of being remedied; or
            (ii)    breaches a term of this deed which is capable of being remedied and fails to remedy
                    that breach within 30 days after receiving notice requiring it to do so.


14.3 Obligations after termination or expiration
     If this deed expires or is terminated by a party under clause 14.2, the Contributors will be entitled to
     the return of the Funding Contribution (and Interest to the date expiry or earlier termination).
14.4 Pre-existing rights and survival
     (a)    Termination in accordance with this clause 14 is without prejudice to any rights of the other
            parties under this deed existing at the date of termination.
     (b)    Clauses 7, , 10, 11, 13, 14.4 and 16 survive expiration or termination of this deed for any
            reason.

15. Notices
     Each communication (including each notice, consent, approval, request and demand) in connection
     with this deed to be given by a party to the others:
     (a)    must be in writing;
     (b)    must be signed by the party making it (or by a person duly authorised by that party);
     (c)    must be addressed in accordance with Item 1 of Schedule 1 or as otherwise notified from time
            to time;
     (d)    must be delivered to that address by hand, or posted by pre-paid post to the address, or sent
            by facsimile transmission to the number of the addressee, in accordance with clause 15(c);
     (e)    is taken to have been received by the addressee:
            (i)     where sent by pre-paid post – on the fifth day after the date of posting;
            (ii)    where sent by facsimile transmission – at the time in the place to which it is sent
                    equivalent to the time recorded on the transmitting machine from which it was sent;
            (iii)   where hand delivered – on delivery,
            but if the communication is taken to have been received on a day that is not a Business Day or
            later than 5.00 pm on a Business Day, the communication is taken to have been received at
            9.00 am on the next Business Day.

16. General
16.1 Entire agreement
     To the extent permitted by law, in relation to its subject matter, this deed:
     (a)    embodies the entire understanding of the parties and constitutes the entire terms agreed by
            the parties; and


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Section 11

     (b)   supersedes any prior written or other agreement of the parties.
16.2 No relationship
     (a)   Nothing contained in this deed will be taken as giving rise to any employment, agency,
           partnership or joint venture relationship between the parties.
     (b)   The Contributors (including its Representatives):
           (i)    have no authority or power, and must not purport to have the authority or power, to bind
                  the Department or make representations on behalf of the Department; and
           (ii)   must not hold itself out or engage in any conduct or make any representation which may
                  suggest to any person that the Contributors are for any purpose an employee, agent,
                  partner of or joint venturer with the Department; and
16.3 No representation or reliance
     (a)   The parties acknowledge that no party (nor any person acting on a party’s behalf) has made
           any representation or other inducement to it to enter into this deed except for representations
           or inducements expressly set out in this deed.
     (b)   The parties acknowledge and confirm that they do not enter into this deed in reliance on any
           representation or other inducement by or on behalf of any other party, except for
           representations or inducements expressly set out in this deed.
16.4 Assignment
     A party must not assign, novate or subcontract the whole or any part of this deed without the prior
     written consent of the other parties.
16.5 Amendments
     This deed may only be varied by a document signed by or on behalf of all parties.
16.6 Further acts and documents
     The Contributors must promptly do all acts and deliver all documents (in form and content reasonably
     satisfactory to the Department) required by law or reasonably requested by the Department to give
     effect to this deed.
16.7 Waiver
     (a)   Failure to exercise or enforce, or a delay in exercising or enforcing, or the partial exercise or
           enforcement of, a right, power or remedy provided by law or under this deed by a party does
           not preclude, or operate as a waiver of, the exercise or enforcement, or further exercise or
           enforcement, of that or any other right, power or remedy provided by law or under this deed.
     (b)   A waiver or consent given by a party under this deed is only effective and binding on that party
           if it is given or confirmed in writing by that party.
     (c)   No waiver of a breach of a term of this deed operates as a waiver of another breach of that
           term or any other term of this deed.
16.8 Consents
     A consent required under this deed from a party may be given or withheld, or may be given subject to
     any conditions, as that party (in its absolute discretion) thinks fit, unless this deed expressly provides
     otherwise.
16.9 Severance
     If at any time a provision of this deed is or becomes illegal, invalid or unenforceable in any respect
     under the law of any jurisdiction, that will not affect or impair:
     (a)   the legality, validity or enforceability in that jurisdiction of any other provision of this deed; or
     (b)   the legality, validity or enforceability under the law of any other jurisdiction of that or any
           provision of this deed.
16.10 Counterparts


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Section 12

     This deed may be signed in any number of counterparts and by the parties on separate counterparts.
     Each counterpart constitutes the deed of each party who has executed and delivered that
     counterpart.
16.11 Expenses
     Except as otherwise provided in this deed, each party must pay its own costs and expenses in
     connection with negotiating, preparing, executing and performing this deed.
16.12 Continuing obligation
     Each indemnity in this deed is a continuing obligation, separate and independent from the other
     obligations of the parties, and survives termination, completion or expiration of this deed.
16.13 Governing law
     This deed is governed by and will be construed according to the law applying in Queensland.
16.14 Jurisdiction
     Each party irrevocably:
     (a)   submits to the non-exclusive jurisdiction of the courts of Queensland, and the courts competent
           to determine appeals from those courts, with respect to any proceedings that may be brought
           at any time relating to this deed; and
     (b)   waives any objection it may now or in the future have to the venue of any proceedings, and
           any claim it may now or in the future have that any proceedings have been brought in an
           inconvenient forum, if that venue falls within clause 16.14(a).
16.15 Unavoidable delay
     A party will not be entitled to exercise its rights and remedies upon the default of a party (whether at
     common law or pursuant to this deed) if that default:
     (a)   is caused by Force Majeure; and
     (b)   continues for less than 7 days.
16.16 No fettering
     Nothing contained in this deed will fetter, act as an estoppel or as an agreement about the exercise of
     discretion or the making of a decision or subordinate legislation under any law by the State of
     Queensland and its Representatives.


17. Definitions and interpretation
17.1 Definitions
     In this deed:
     Acquisition Costs has the meaning set out in the Background.
     HQP/DAF Agreement means the agreement between HQP and DAF as contemplated in the
     Background.
     Bank Account means the account referred to in clause 4.2(a).
     Business Day means a day that is not a Saturday, Sunday or a public holiday in Brisbane.
     Commencement Date means the commencement date specified in Schedule 1.
     Conflict of Interest means having an interest (whether personal, financial or otherwise) which
     conflicts or which may reasonably be perceived as conflicting with a Contributor’s ability to perform its
     obligations under this deed fairly, objectively and independently.
     Conservation Park has the meaning set out in the Nature Conservation Act 1992 (Qld)..
     Contact means the contact person for each party specified in Item 1 of Schedule 1.
     Contact Officer means the contact person for each party specified in Item 1 of Schedule 1.


                                                                                                            12

Section 13

     Expiry Date means the expiry date specified in Item 2 of Schedule 1.
     Force Majeure means any event beyond the reasonable control of the party affected which occurs
     without fault or negligence of the affected party and includes:
     (a)   acts of God;
     (b)   war, riot, insurrection, vandalism or sabotage;
     (c)   strike, lockout, ban, limitation of work or other industrial disturbance; and
     (d)   law, rule or regulation of any government or governmental agency and executive or
           administrative order or act of general or particular application.
     Funding Contribution means the amount of funds from each Contributor as set out in Item 3 of
     Schedule 1.
     Gazettal means on the date that a minimum of 90% of the relevant land is:
     (a)   declared a Conservation Park with Council as trustee; or
     (b)   dedicated as a National Park, or
     (c)   both (a) and (b),
     with the area of land so declared or dedicated being the PLA, with the parties agreeing that, any
     minor changes to such land (including a boundary realignment, such as road reserves or access
     tracks), not being grounds to prevent the release of the Funding Contribution to the Department in
     accordance with clause 4.2.
     GST means a goods and services tax or any similar tax, levy or impost imposed by the
     Commonwealth of Australia.
     GST Law means A New Tax System (Goods and Services Tax) Act 1999 (Cth).
     HQP means Hancock Queensland Plantations Pty Ltd ABN 30 412 129 342)
     Interest means the interest which accrues on the Funding Contribution while being held by the
     Department at Queensland Treasury Corporation.
     National Park has the meaning set out Nature Conservation Act 1992 (Qld)
     NCA means the Nature Conservation Act 1992 (Qld)
     Non-PLA (Non-PLA) means the area of approximately 910 ha of State Forest Timber Reserve under
     the Forestry Act 1959.
     Plan means the plan (marked ‘Plan A’) annexed to this deed and marked Annexure.
     Plantation Licence Areas or PLA means an area of approximately 1,492 ha of State Forest subject
     to one or more plantation licence/s in favour of HQP under the Forestry Act 1959 as defined in the
     Background.
     Representative means an employee, agent, officer, director, contractor, subcontractor or other
     authorised representative of a party.
     Special Conditions means any special conditions specified in Item 4 of Schedule 1.
     Term has the meaning specified in clause 14.1.
17.2 Interpretation
     In this deed:
     (a)   headings are for convenience only and do not affect interpretation;
     and unless the context indicates a contrary intention:
     (b)   if more than one person is identified as the Contributors, then that expression refers to them,
           and the obligations of the Contributors under this deed bind them severally, not jointly and
           severally;
     (c)   person includes an individual, the estate of an individual, a corporation, an authority, an
           association or a joint venture (where incorporated), a partnership and a trust;


                                                                                                             13

Section 14

(d)   a reference to a party includes that party’s executors, administrators, successors and permitted
      assigns, including persons taking by way of novation and, in the case of a trustee, includes a
      substituted or an additional trustee;
(e)   a reference to a document (including this deed) is to that document as varied, novated, ratified
      or replaced from time to time;
(f)   a reference to a statute includes its delegated legislation and a reference to a statute or
      delegated legislation or a provision of either includes consolidations, amendments,
      re-enactments and replacements;
(g)   a reference to a party, clause, schedule, attachment or annexure is a reference to a party,
      clause, schedule, attachment or annexure to or of this deed, and a reference to this deed
      includes all schedules, attachments and annexures to it;
(h)   a word importing the singular includes the plural (and vice versa), and a word indicating a
      gender includes every other gender;
(i)   if a word or phrase is given a defined meaning, any other part of speech or grammatical form
      of that word or phrase has a corresponding meaning;
(j)   includes in any form is not a word of limitation;
(k)   a reference to $ or dollar is to Australian currency; and
(l)   no rule of construction will apply to a provision of this deed to the disadvantage of a party
      merely because that party drafted the provision or would otherwise benefit from it.




                                                                                                      14

Section 15

Schedule 3 – Transition Committee Terms of Reference


Role

The role of the joint transition committee is to provide a coordinated approach to the transition of the Yurol
and Ringtail State Forest lands to protected area tenure and on issues relating to management and
rehabilitation of the Land for environmental outcomes.

Responsibilities

The key responsibilities of the committee are as follows:

    •   Work collaboratively to achieve the project outcomes.
    •   Ensure project management processes are put in place to achieve agreed Project timelines.
    •   Assess and report on progress including an annual joint report to respective Directors-General and
        Chief Executive Officers of the Relevant Parties.
    •   Monitor risks and assist in resolving any issue that has implications for the Project.
    •   Identify opportunities and use best endeavours to facilitate early access to plantation areas post-
        harvest for land remediation activities.
    •   Convene working groups as necessary to provide specialist input.

Membership

The joint transition committee membership will include one (1) member and one (1) proxy member from:

    •   Council
    •   Department of Environment & Science
    •   Department of Agriculture & Fisheries
    •   HQP
    •   NPA

Meetings

Meetings shall be convened by the Council committee member.

The Committee will nominate a chairperson.

Meetings will be held a minimum of 6 monthly in the first two years after the signing of this MOU and a
minimum of annually thereafter.

Council will provide secretariat services to the joint transition committee and ensure appropriate meeting
records are maintained and provided to all parties.

Any disputes in the Transition Committee will be managed by a process of escalation through each party’s
respective management hierarchy.




                                                                                                             15

Section 16

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5	1	1	1	31	5	2769	1743	48	16	42	my
4	1	1	1	32	0	1062	1754	1838	56	-1	
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5	1	1	1	32	2	1396	1784	42	8	29	a
5	1	1	1	32	3	1618	1764	52	36	45	and
5	1	1	1	32	4	2661	1754	28	53	48	wi
5	1	1	1	32	5	2840	1778	60	32	63	yess
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5	1	1	1	33	1	1045	1835	2	5	10	f
5	1	1	1	33	2	1317	1823	5	30	28	i
5	1	1	1	33	3	2643	1828	36	15	36	wig
5	1	1	1	33	4	2684	1829	66	13	24	en
5	1	1	1	33	5	2754	1825	63	18	11	Oars
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5	1	1	1	34	5	2541	1854	56	44	30	mens
5	1	1	1	34	6	2604	1854	22	44	41	py
5	1	1	1	34	7	2643	1854	90	44	18	ey
5	1	1	1	34	8	2736	1854	22	44	11	Cm
5	1	1	1	34	9	2830	1858	78	36	44	||
4	1	1	1	35	0	1032	1900	1876	38	-1	
5	1	1	1	35	1	1032	1900	6	13	0	:
5	1	1	1	35	2	1294	1931	11	6	85	4
5	1	1	1	35	3	2404	1898	30	44	38	OE
5	1	1	1	35	4	2437	1898	32	44	31	REL
5	1	1	1	35	5	2470	1898	61	44	12	POE
5	1	1	1	35	6	2547	1898	48	44	5	uae
5	1	1	1	35	7	2598	1898	23	44	19	pe
5	1	1	1	35	8	2635	1898	52	44	0	moe
5	1	1	1	35	9	2727	1898	33	44	46	om
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5	1	1	1	35	12	2888	1902	20	36	64	|
4	1	1	1	36	0	1226	1938	1680	45	-1	
5	1	1	1	36	1	1226	1953	31	25	34	SA
5	1	1	1	36	2	1271	1946	29	18	11	oY
5	1	1	1	36	3	2285	1947	23	29	38	FS
5	1	1	1	36	4	2307	1947	27	29	1	LE
5	1	1	1	36	5	2333	1947	35	29	1	RED
5	1	1	1	36	6	2377	1947	42	29	0	FOS
5	1	1	1	36	7	2436	1957	8	4	67	-
5	1	1	1	36	8	2449	1947	52	29	12	Baru,
5	1	1	1	36	9	2512	1947	30	29	36	my
5	1	1	1	36	10	2541	1947	110	29	2	LTC
5	1	1	1	36	11	2650	1947	81	29	0	preccody
5	1	1	1	36	12	2737	1957	7	4	81	-
5	1	1	1	36	13	2747	1947	25	29	29	Gr
5	1	1	1	36	14	2815	1938	91	45	58	EZ
4	1	1	1	37	0	1064	1994	1752	31	-1	
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5	1	1	1	37	2	1200	1995	52	30	43	Meo
5	1	1	1	37	3	2333	1997	142	16	3	400
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5	1	1	1	37	8	2544	1990	34	29	23	ky
5	1	1	1	37	9	2577	1990	69	29	0	moouNy
5	1	1	1	37	10	2645	1994	171	19	0	pemodeds-
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5	1	1	1	37	12	2768	1990	50	29	39	ofa
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5	1	1	1	38	6	2547	2021	40	43	24	yng
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5	1	1	1	38	8	2658	2021	73	43	0	pemodeay
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5	1	1	1	39	2	1098	2067	141	25	15	WRF
5	1	1	1	39	3	2872	2066	10	18	0	C

Section 17

Executed as a deed

Signed, sealed and delivered for and on behalf of the
State of Queensland acting through the Department of        _______________________________
Environment and Science ABN 46 640 294 485 by               Signature
_____________________________________ a person              Date: __________________________
duly authorised to act in that behalf in the presence of:

__________________________________
Signature of Witness
__________________________________
Name of Witness in full



Signed, sealed and delivered for and on behalf of
Noosa Shire Council in accordance with the Local            _______________________________
Government Act 2009 (Qld) by:                               Signature
 ____________________________________ a person              Date: __________________________
duly authorised to act in that behalf in the presence of:

__________________________________
Signature of Witness
__________________________________
Name of Witness in full



Signed for and on behalf of Noosa Parks Association         _______________________________
Incorporated ABN 18 870 049 909 by:
                                                            Signature of President/Treasurer or
                                                            other person duly authorised to act in
                                                            that behalf
                                                            _______________________________
                                                            Full name of President/Treasurer or
                                                            other person duly authorised to act in
                                                            that behalf
                                                            Date: __________________________

In the presence of:                                         _______________________________
                                                            Signature of Secretary
________________________________
Signature of Witness                                        _______________________________
                                                            Full name of Secretary
________________________________
                                                            Date: __________________________
Name of Witness in full




                                                                                                 17

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