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FCA 10-09 IDAM-SIAWI INTEGRATED AGRO-FORESTRY PROJECT [OCR]

Forest Clearing Authority

Logging companies mentioned in this document:


          PAPUA NEW GUINEA FOREST AUTHORITY


                FCA NO.: 10 - 09

PROJECT   • IDAM-SIAWI INTEGRATED AGRO-FORESTRY
           PROJECT
HOLDER    : TANGOY VIVAFOUNDER HOLDINGS LIMITED
           (COMPANY NO.: 1-109337)

LOCATION : VANIMO GREEN & TELEFOMIN DISTRICTS IN
           SANDAUN PROVINCE, PAPUA NEW GUINEA




                OCTOBER 2019


                               SCHEDULE 1

              INDEPENDENT STATE OF PAPUA NEW GUINEA
                            Forestry Act 1991

Act, Sec. 906(7)                                      Form 241
Reg. 261

BOARD'S ADVICE TO APPLICANT OF APPROVAL OF APPLICATION FOR A
FOREST CLEARING AUTHORITY FOR A LARGE SCALE CONVERSION OF FOREST
TO AGRICULTURE OR OTHER LAND USE DEVELOPMENT.


Forest Clearance Authority No: FCA 10-09


Agriculture or other land use Development Project:

   * IDAM-SIAWI INTEGRATED AGRO-FORESTRY DEVELOPMENT PROJECT
     {OIL PALM PLANTATION DEVELOPMENT) IN VANIMO GREEN & TELEFOMIN
     DISTRICTS IN SANDAUN PROVINCE, PAPUA NEW GUINEA.



To: TANGOY VIVAFOUNDER HOLDINGS LIMITED

The Board hereby notifies you pursuant to section 90B(7) of the
Forestry Act 1991 that
your application for a forest clearing authority to carry out a
large scale conversion of
forest to agriculture or other land use development is approved.

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Dated this 15th day of       October                    2019.




SCHEDULE 1,

                                              INDEPENDENT STATE OF
PAPUA NEW GUINEA.


Forestry Act 1991.
           Act, Sec. 90B(8).
Form 242
           Reg. 263


                 FOREST CLEARING AUTHORITY TO CARRY OUT A LARGE
SCALE CONVERSION OF
                              FOREST TO AGRICULTURE OR OTHER LAND
USE DEVELOPMENT

              Forest Clearing Authority No FCA 10-09.

              Agriculture or other land use Development Project;

              IDAM-SIAWI INTEGRATED AGRO-FORESTRY DEVELOPMENT PROJECT
(OIL PALM
           PLANTATION DEVELOPMENT) IN VANIMO GREEN & TELEFOMIN
DISTRICTS IN SANDAUN
           PROVINCE.

           Pursuant to Section 90B(8) of the Forestry Act 1991, and
all other powers it enabling, the Board
           hereby grants a Forest Clearing Authority to TANGOY
VIVAFOUNDER HOLDINGS LIMITED [FI
           160000083] (referred to in this Authority as the Holder")

            This Authority authorises the holder to carry out a large
scale forest clearance for commercial
            agriculture or other land use development within the
188,000 hectares of land area described, and
            outlined in red on the map in Schedule 1 ("the Project
Area") for the term specified in Schedule 2
            subject to the Act and to the following terms and
conditions;

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           (a)      the holder shall, within 21 days, lodge a
performance bond' in accordance with Section 98 of
                    the Forestry Act 1991 for the amount specified
in Schedule 3.

           (b)      the holder shall comply with the terms and
conditions specified in the Schedules herein.

           (c)      the holder shall carry out the agriculture or
other land use project in accordance with the
                    approved land-use development plan and the
approved implementation schedule contained in
                    the holder's application for this Authority and
as agreed to and as may be varied by the Board
                    from time to time.

           (d)      the holder shall comply with the conditions of
any Permit, License or other Authority relating to
                    the project and with the provisions of all
Environmental and other relevant laws of Papua New
                    Guinea.

           (e)      the holder shall comply with such other
conditions as are specified in Schedule 4 hereto.



                    Dated this 15                         day of
0ctober                                   2019.




or    e B     rd.

           1 If the Performance Bond is not lodged within 21 days
and no application under Section 98(6) of the Forestry Act has been
made within 21
             days to the Board seeking an extension of time within
which to lodge the Performance Bond thatthis Forest Clearing
Authority is
             deemed void under Section 98(5) of the Act and thereby
cancelled.

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