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Government Immovable Asset Management Act, 2007

3. Objects of Act

 

 

The objects of this Act are to—

(a) provide a uniform immovable asset management framework to promote accountability and transparency within government;
(b) ensure effective immovable asset management within government;
(c) ensure coordination of the use of immovable assets with service delivery objects of a national or provincial department and the efficient utilisation of immovable assets;
(d) optimise the cost of service delivery by—

(i)        ensuring accountability for capital and recurrent works;

(ii)        the acquisition, reuse and disposal of an immovable asset;

(iii)        the maintenance of existing immovable assets;

(iv)        protecting the environment and the cultural and historic heritage; and

(v)        improving health and safety in the working environment.