7. Principles of Immovable Asset Management
IAM must comply with existing legislation (e.g. PFMA, Occupational Health and Safety Act & sector specific legislation); government policies (e.g. Batho Pele & access for disabled persons to public buildings) and regulations (e.g. National Building Regulations)
Strategic planning and management of immovable assets are key corporate activities and need to be considered together with other strategic planning (e.g. human resources & information technology).
Immovable assets should exist to support the service delivery objectives of the organ of state.
Immovable assets with strategic importance to Government should not be disposed of.
The management of immovable assets as defined in GIAMA must comply with the following principles of immovable asset management: