The Regulation commenced on 30 November 2014 and describes the due diligence process that businesses must undertake. Due diligence requires importers of regulated timber products and Australian processors of raw logs to minimize the risk that the wood or wood-fiber has been illegally logged.
The due diligence process requires businesses to:
1. Have a documented system that explains how the requirements will be met;
2. Gather information about the products being imported and their supply chain;
3. Assess the risk the wood or wood-fiber in these products has been illegally logged by:
– Timber Legality Framework where the imported product is certified under Forest Stewardship Council (FSC) or Programme for the Endorsement of Forest Certification (PEFC) standards; or
– a Country Specific Guideline (CSG) where one is available, or
– a risk assessment against certain regulated risk factors;
1. Mitigate any associated risks (where they aren’t already low); and
2. Keep a written record of the process undertaken.
Each time an importer brings a product into Australia, they are also required to make a declaration about whether they have complied with the due diligence requirements. [forestlegality.org]