RMGs are guidance documents. The purpose of an RMG is to support PGPA Act entities and companies in meeting the requirements of the PGPA framework. As guides, RMGs explain the legislation and policy requirements in plain English. RMGs support accountable authorities and officials to apply the intent of the framework. It is an official’s responsibility to ensure that Finance guidance is monitored regularly for updates, including changes in policy/requirements.
RMG-501 has been updated to include reference to newly developed guidance on section 40(6) of the LAA, linked under Tools and templates and on the Acquisition tile. For further information, please contact LAA.
Audience
This guidance provides an overview of the policies that guide the Lands Acquisition Framework (the Framework), including obligations on officials.
Key points
- The Lands Acquisition Act 1989 (LAA) is the key legislation used by the Commonwealth to acquire and dispose of interests in land to support the delivery of Government priorities, services and outcomes.
- The LAA defines interests in land broadly. This means that transactions involving interests in land have a wider meaning under the LAA than simply purchasing or selling land and include other property transactions such as leasing office space, licences and easements.
- The LAA applies to all non-corporate Commonwealth entities (NCEs) and corporate Commonwealth entities (CCEs), unless otherwise exempt. Entities must follow their legal obligations under the LAA and are responsible for ensuring compliance.
NCEs must comply with the Framework when undertaking transactions requiring authorisation under the LAA. CCEs that are exempt should strongly consider referring to the Framework, including referenced policies and procedures, which are consistent with good practice.
Resources
Related resources including relevant legislation, policies and glossary terms are located in the right hand menu.
Key information to assist you in meeting your requirements
