[Code of Federal Regulations]

[Title 13, Volume 1]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 13CFR121.506]



[Page 326-327]

 

                TITLE 13--BUSINESS CREDIT AND ASSISTANCE

 

                CHAPTER I--SMALL BUSINESS ADMINISTRATION

 

PART 121_SMALL BUSINESS SIZE REGULATIONS--Table of Contents

 

           Subpart A_Size Eligibility Provisions and Standards

 

Sec. 121.506  What definitions are important for sales or leases of 

Government-owned timber?



    (a) Forest product industry means logging, wood preserving, and the 

manufacture of lumber and wood related products such as veneer, plywood, 

hardboard, particle board, or wood



[[Page 327]]



pulp, and of products of which lumber or wood related products are the 

principal raw materials.

    (b) Logging of timber means felling and bucking, yarding, and/or 

loading. It does not mean hauling.

    (c) Manufacture of logs means, at a minimum, breaking down logs into 

rough cuts of the finished product.

    (d) Sell means, in addition to its usual and customary meaning, the 

exchange of sawlogs for sawlogs on a product-for-product basis with or 

without monetary adjustment, and an indirect transfer, such as the sale 

of the assets of a concern after it has been awarded one or more set-

aside sales of timber.

    (e) Significant logging of timber means that a concern uses its own 

employees to perform at least two of the following: felling and bucking, 

yarding, and loading.