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Farm Management Agreement for Australia

Farm Management Agreement Template for Australia

A comprehensive legal agreement governed by Australian law that establishes the relationship between a farm owner and a farm manager or management company. The document outlines the manager's responsibilities for operating and maintaining agricultural operations, including financial management, reporting requirements, operational decisions, and compliance obligations. It addresses key aspects such as budget management, performance metrics, risk allocation, and environmental responsibilities while ensuring compliance with Australian agricultural regulations and state-specific farming requirements.

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What is a Farm Management Agreement?

The Farm Management Agreement is a crucial document used in Australian agricultural operations when a property owner wishes to engage professional management services for their farming enterprise. This agreement is particularly relevant in modern farming operations where specialized expertise is required for efficient farm management. The document provides a comprehensive framework covering operational, financial, and legal aspects of the management relationship, ensuring clear delineation of responsibilities and risk allocation. It is designed to comply with Australian agricultural laws and regulations, including state-specific requirements for farm operations, employment, environmental protection, and business management. The agreement is commonly used in various scenarios, from family farms seeking professional management to corporate agricultural enterprises requiring structured operational oversight.

What sections should be included in a Farm Management Agreement?

1. Parties: Identifies and provides details of the farm owner and the farm manager

2. Background: Describes the context of the agreement, including brief description of the farm and purpose of the management arrangement

3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out interpretation principles

4. Term and Renewal: Specifies the duration of the agreement and any renewal options

5. Farm Manager's Responsibilities: Details the core duties and obligations of the farm manager

6. Farm Owner's Obligations: Outlines the responsibilities and commitments of the farm owner

7. Operating Budget and Financial Management: Sets out the financial framework, including budget preparation and approval processes

8. Reporting Requirements: Specifies all required operational and financial reports and their frequency

9. Compliance and Risk Management: Covers regulatory compliance, risk management, and insurance requirements

10. Remuneration and Payment Terms: Details the management fees, payment structure, and timing

11. Termination: Specifies grounds for termination and the process

12. Dispute Resolution: Outlines the process for resolving disputes between parties

13. General Provisions: Includes standard legal provisions such as notices, assignment, and governing law

What sections are optional to include in a Farm Management Agreement?

1. Environmental Management: Additional section when the farm has specific environmental obligations or certifications

2. Livestock Management: Required when the farm involves livestock operations

3. Crop Management: Required for farms primarily engaged in crop production

4. Staff Management: Include when the farm manager has responsibility for hiring and managing farm workers

5. Marketing and Sales: Required when the farm manager has responsibility for product marketing and sales

6. Capital Improvements: Include when the agreement covers major farm improvements or development

7. Intellectual Property: Include when proprietary farming methods or branding are involved

8. Emergency Response Procedures: Required for farms in high-risk areas or with sensitive operations

What schedules should be included in a Farm Management Agreement?

1. Schedule 1 - Farm Description: Detailed description of the farm, including boundaries, assets, and infrastructure

2. Schedule 2 - Management Services: Comprehensive list of management services to be provided

3. Schedule 3 - Key Performance Indicators: Specific performance metrics and targets

4. Schedule 4 - Fee Structure: Detailed breakdown of management fees, incentives, and expenses

5. Schedule 5 - Required Insurance: List of required insurance policies and coverage levels

6. Schedule 6 - Reporting Templates: Standard templates for required operational and financial reports

7. Appendix A - Farm Maps and Plans: Maps, layout plans, and infrastructure diagrams

8. Appendix B - Compliance Requirements: List of applicable regulations and compliance requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok˰ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Australia

Publisher

tiktok˰

Sector

Cost

Free to use
Relevant legal definitions







































Clauses


































Relevant Industries

Agriculture

Dairy Farming

Crop Production

Livestock Management

Viticulture

Horticulture

Aquaculture

Organic Farming

Agribusiness

Relevant Teams

Legal

Operations

Finance

Risk Management

Compliance

Human Resources

Environmental

Property Management

Agricultural Operations

Business Development

Relevant Roles

Farm Manager

Agricultural Operations Director

Property Manager

Agribusiness Manager

Farm Operations Supervisor

Agricultural Consultant

Ranch Manager

Agricultural Business Advisor

Farm Administrator

Agricultural Project Manager

Compliance Manager

Agricultural Risk Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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