Approved NZIF FOREST VALUATION STANDARDS 

Chapter   Revised Date
  About this Document  
  Background   
  NZIF Forest Valuation working party   
 


Part A - Background Issues

 
A1 Purposes of Forest Valuation  August 2020
A2 What is Value?   May 1999
A3  Method of Forest Valuation   May 1999
A4  Discount Rate   August 2020
A5  Taxation   July 2024
A6  Funding and Ownership Structure   July 2024
A7  The Nature of the NZ Market for forests   July 2024
 

Part B - Physical Description Standards

 
B1 Description of Land   August 2020
B2 Forest Area   August 2020 
B3 Stand History   August 2020
B4 Aggregation of Tree Crop Areas  August 2020
B5 Yield Estimation  August 2020
 

Part B - Financial Description Standards

 
B6 Value of Land   May 1999
B7 Costs   August 2020
B8  Prices   August 2020
B9  Contingencies  July 2024
B10 Discount Rate   August 2020
B11  Taxation Effects   July 2024
B12 Forest Valuation Method   August 2020
B13 Change in Value over time   July 2024
B14 Valuation for Insurance Cover, Compulsory Sale and Compensation   July 2024
   

Part C - Presentation Standards

 
 C1  Sources and References   July 2024
 C2  Presentations and Limitations   July 2024
 

Part D - Valuation Checklist

 
D1 Preface to Part D   February 2025
D2 Introduction   February 2025
D3 Forest Valuation Method   February 2025
D4 Forest Description  February 2025
D5 Contingencies   February 2025
D6 Values  February 2025
D7 Presentation Issues  February 2025 
 

Part E - Glossaries

 
E1 Glossary of Forestry Terms   July 2024
E2 Glossary of Forestry Economic Terms   July 2024
E3 Glossary of Symbols Commonly used in Forestry  July 2024
     
Appendix Schedule of Relevant Court Cases