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Government Immovable Asset Management Act, 2007 (Act No. 19 of 2007)

12. Revision and amendment of immovable asset management plan

 

 

(1)        A user

(a) must annually revise its user immovable asset management plan after its budget allocations have been finalised by the relevant treasury and must incorporate the revised user immovable asset management plan into its strategic plan;
(b) may amend its user immovable asset management plan in accordance with the prescribed process; and
(c) must submit its revised and amended user immovable asset management plan to the relevant custodian as prescribed.

 

(2) A custodian must annually revise its custodian immovable asset management plan after receipt of the revised and amended user immovable asset management plan or where other factors necessitate such revision.