National House of Traditional Leaders Act, 2009
R 385
Government Immovable Asset Management Act, 2007 (Act No. 19 of 2007)19. Powers and duties of Minister |
| (1) | The Minister— |
| (a) | may, in respect of assets that vest in the national government, by notice in the Gazette and with the concurrence of the Minister of Finance and the Minister for the Public Service and Administration, and in consultation with the relevant organ of state, designate that organ of state as the custodian of that immovable asset; |
| (b) | must provide guidelines for the management of immovable assets to be incorporated into the asset management guidelines issued by National Treasury in terms of the PFMA; |
| (c) | may, by notice in the Gazette, issue standards to facilitate benchmarking, condition assessment and performance measurement by determining, amongst others— |
| (i) | requirements in relation to cost and space; |
| (ii) | how the total and true cost of an immovable asset is reflected in a transparent fashion, including all expenditure in respect of property rates and municipal service charges; and |
| (iii) | the minimum information required to manage an immovable asset. |
| (2) | The Minister may prescribe minimum requirements in relation to, amongst others— |
| (a) | the content and format of and processes required to compile an immovable asset management plan; |
| (b) | the management of an immovable asset throughout its life cycle; and |
| (c) | portfolio management by a custodian. |
| (3) | The Minister may implement government programmes which are necessary to give effect to immovable asset management. |
| (4) | When the Minister issues a notice referred to in this section the provisions of section 20(2), (3) and (4) apply with the necessary changes. |
