Lands Acquisition Framework (RMG 501)

Key Points

The Lands Acquisition Framework supports entities to meet obligations under the Lands Acquisition Act 1989 (LAA) and encourages informed decision-making for property acquisitions and disposals under the LAA.
The 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. Transactions involving interests in land have wider meaning under the LAA than simply purchasing or selling land, and include other property transactions such as leasing office space.

Related content

Lands Acquisition Framework Overview

Introduction to the Lands Acquisition Framework, including information on the PGPA Act, the Commonwealth Procurement Rules, delegations and obligations when interacting with external parties.

Acquisition process

Information on acquisition strategies, acquisitions by agreement and compulsory acquisitions, as well as guidance on overseas land and leasing transactions.

Valuation

Outlines valuation principles, methodology and instructions, and provides guidance on choosing a valuer, valuers’ conferences and valuation reports.

Compensation and other payments

Information relating to compensation and other payments, legislative compliance, potential types of compensation and taxation considerations.

Disposal

Information and requirements for Commonwealth property disposals

Reporting

Reporting requirements to Parliament and the Department of Finance, and information on Australian Government Property Register and AusTender reporting.