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A term supply licence (TSL) is a licence with a term of up to 10 years, granting rights to harvest specified forest volumes as well as responsibilities for forest management. A TSL may be volume-based or area-based.
Term supply licences offer companies two- to 10-year terms (usually five), and they may be renewed for a second term if sufficient volume is available.
On area-based licences, the licensee has rights to all volume except that which is specifically excluded for the use of other parties.
On a volume-based licence, a licensee's volume is specified in the licence.
Term supply licensees are responsible for:
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