PROSPECTUS - THE PREMIER IRISH FORESTRY FUND PHASE II PLC.
Page 15.
DEFINITIONS
The Fund
means the Forestry Fund Phase II plc.
Directors
means the directors of the Fund, who are named on page 4 herein.
Investors
means fully paid up subscribers to the Preference Shares in the
Fund.
Forestry
means woodland plantations established and managed on a
commercial basis.
Forest Service
means the Government unit responsible for the
administration and control of forestry in Ireland.
Afforestation and
Management Grants
means the scheme of grants administered by the Forest Service
which are payable on a one- off basis in respect of qualifying new
forestry plantations.
Forest Premia
Scheme
means the scheme of payments administered by the Forest Service
whereby owners of qualifying forestry plantations are paid an
annual amount.