Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Cookies that are categorised as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. Read our privacy policy here for more details.
Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

IFA Not Involved in Timber Resource Investment Fund Option

IFA Farm Forestry Chairman, Michael Fleming has advised farmers that the Association has not endorsed or supported any timber option agreements at this time.

He made this clarification when it emerged that the Timber Resource Investment Fund (TRIF) and Greenbelt had named IFA in an Option Agreement which was being presented to farmers.

Both TRIF and Greenbelt have confirmed that all agreements that have issued or been signed by farmers will be presented again with the IFA’s name removed from the agreement.

Mr. Fleming said, “Negotiations between IFA and TRIF were ongoing but had not concluded in any agreement. Therefore, IFA must not be named as a trusted third party to any such transactions. I would advise farmers to get independent legal advice prior to signing any agreement so they are fully aware of the implications”.

Mr. Fleming said that farmers should not feel pressurised to sign and should take time to fully consider what is being offered by any investor. Future selling of harvesting rights may suit some farmers but I would urge farmers to carefully consider any agreement and to get expert advice to fully understand the value of their forest before signing.

Related Articles