Asset Plan

Section 92(1) of the Victorian Local Government Act 2020 requires that all Victorian Councils develop, adopt and keep in force an Asset Plan in accordance with its deliberative engagement practices.

It notes that:

  • The scope of an Asset Plan is a period of at least the next 10 financial years.
  • An Asset Plan must include:
    • information about maintenance, renewal, acquisition, expansion, upgrade, disposal and decommissioning in relation to each class of infrastructure asset under the control of the Council;
    • any other matters prescribed by the regulations.

Related Pages

External Links & References

  1. Google Search
  2. Act for the Future - Directions for a new Local Government Act
  3. ISPRF Discussion Paper
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