Related legislation, policies and guidelines
Property transactions and management are governed by the provision of a number of legislation, policies and guidelines. Polices and guidelines can be accessed on the responsible department’s websites. A list of key policies impacting the property management process is provided below.
|Victorian Health Policy and Funding Guidelines 2014-15||Administered by the Department of Health and Human Services and updated annually|
|Victorian Government Landholding Policy and Guidelines||Administered by the Department of Treasury and Finance|
|Victorian Government Land Transactions Policy and Guidelines||Administered by the Department of Environment, Land, Water and Planning|
|Victorian Government Asset Management Framework||Administered by the Department of Treasury and Finance|
|Leasing Policy for Crown Land in Victoria 2010||Administered by the Department of Environment, Land, Water and Planning|
|Crown Land Leasing Guidelines Leasing Legislation, May 2012||Administered by the Department of Environment, Land, Water and Planning|
|Committee of Management Responsibilities and Good Practice Guidelines||Administered by the Department of Environment, Land, Water and Planning|
Land transactions policy
This policy is administered by the Department of Environment, Land, Water & Planning (Victorian Government Land Monitor).
The purpose of the Victorian Government Land Transactions Policy is to:
- provide assurance of integrity, impartiality and accountability in land transactions
- ensure land transactions are conducted in accordance with the highest standards of probity, relevant legislation and Victorian Government policy.
This policy is administered by the Department of Treasury and Finance.
The purpose of the Victorian Government Landholding Policy is to:
- ensure that land is only purchased or retained by Victorian Government agencies where State ownership of land:
- contributes directly to current or future service delivery outcomes expected by the government
- is central to the core business of agencies as explained in agency corporate plans
- is financially beneficial to the State when compared to alternative investment of State funds, or
- in the case of Crown land, is appropriate on the basis that the protection of public land values make the land unsuitable for divestment
- promote the highest and best use of land by providing the opportunity for the private and community sectors and other government agencies to further unlock the value inherent in the State’s land estate, and
- require active management of land portfolios across Victorian Government agencies which is essential to the good management of the State’s balance sheet.