Finance has revised the digital formats for RMG-500 Commonwealth Property Management Framework and RMG-501 Lands Acquisition Act Framework. The updated RMGs are now available on the Finance website and can be found at the following links:
- RMG-500 – Commonwealth Property Management Framework (RMG 500)
- RMG-501 – Lands Acquisition Framework (RMG 501)
RMG-500 provides a foundation for achieving value for money and promotes efficient, effective, economical and ethical management of owned and leased Commonwealth property in Australia, including external territories. It is mandatory for officials and accountable authorities of non-corporate Commonwealth entities (NCEs).
RMG-501 supports entities to meet their obligations in relation to acquiring and disposing of interests in land including those specified in the Lands Acquisition Act 1989 (LAA). The LAA applies to all NCEs and corporate Commonwealth entities, unless otherwise exempt.
