§5424.1. Reporting provisions for substitution determination.
43 C.F.R. § 5424.1
To determine whether substitution has occurred, the authorized officer may require that information identified in the contract be reported by:
A purchaser who has exported private timber within two years preceding the purchase date of Federal timber; and/or
An affiliate of a timber purchaser who exported private timber within two years before the acquisition of Federal timber from the purchaser.
Purchasers or affiliates of purchasers shall retain a record of Federal timber acquisitions and private timber exports for three years from the date the activity occurred.
Notes, amendments, and revision history
Amendments
[46 FR 29263, June 1, 1981, as amended at 85 FR 82374, Dec. 18, 2020]
Authority
Authority: 30 U.S.C. 601 et seq.; 43 U.S.C. 2604.
Source
Source: 35 FR 9785, June 13, 1970, unless otherwise noted.
Amendments
[46 FR 29263, June 1, 1981, as amended at 85 FR 82374, Dec. 18, 2020]