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Forest & Investment Details

Location33km west of Gisborne
Established net stock area211.5 hectares
Year(s) planted1996
Investment structureLimited Partnership (registered Managed Investment Scheme)
Balance date31 March
Next forest visitTo be scheduled

About Dunsirk Forest

Investment Structure

Dunsirk Forest Investment is a registered Managed Investment Scheme (MIS) under the Financial Markets Conduct Act 2013 - Scheme Number SCH10934. It is structured using our Limited Partnership (LP) investment structure.
LPs are a form of partnership involving General Partners (who are liable for all the debts and liabilities of the partnership) and Limited Partners. The liability of Limited Partners (investors) is limited and they are only liable to the extent of their capital contributions (funds invested), plus any other obligations expressed in the Limited Partnership Agreement.

Projected Future Calls

Each annual Financial Statements contain details on Calls to be paid by investors for the next financial year together with the budget from which they are calculated. With annual income being received from New Zealand Carbon Leasing (No 1) Limited for carbon rental in Dunsirk Forest, future annual Calls are expected to be $0. This may be subject to change.

Tax

Each May, investors are sent a Tax Details Statement advising their tax position for the year, to be included in their annual tax return.

Annual Report

The financial year for the Dunsirk Forest Investment is to 31 March. The Annual Investment Reports comprising the requisite Annual Report plus Financial Statements are available 4 months from this balance date. These reports and the investment's governing documents are available from the Companies Office Disclose Register at www.companiesoffice.govt.nz/disclose.

Forest Visits and Informal Meetings

The next forest visit for Dunsirk investors is scheduled for November 2020. These visits enable investors to view their growing forest and to meet and ask questions of the Forest Enterprises management team.

Location



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