The mandate signed by the applicant provided for the payment of the two instalments of the afforestation grant and the first four annual premium payments direct to the contracting company which carried out the afforestation.
In accordance with that mandate, the first instalment of the afforestation grant was paid to the contracting company in December 1993 and the final instalment is similarly payable, subject to inspection, in December 1997. The annual premium payments have been made to the contracting company from April 1994 onwards. The first premium payable to the applicant is due in April 1998.
In the event of the sale of a plantation or part thereof, the new owner may qualify for a grant and premium payments, provided he/she agrees to maintain the plantation and complies with terms of the afforestation and premiums schemes.