Australian Capital Territory
City Renewal Authority and Suburban Land Agency (SLA Financial) Delegation 2017 (No 2)*
Notifiable instrument NI2017–411
made under the  
City Renewal Authority and Suburban Land Agency Act 2017, s49 (Delegation by agency board)

1	Name of instrument
This instrument is the City Renewal Authority and Suburban Land Agency (SLA Financial) Delegation 2017 (No 2).
2	Commencement 
This instrument commences on the day it is made. 
3	Delegation
(1) The Suburban Land Agency Board delegates the functions identified in column 1 of the schedule to the person who from time to time occupies the position of Suburban Land Agency Chief Executive Officer.
(2) It is a condition of delegation that functions are performed in accordance with the relevant Territory laws, including the Financial Management Act 1996, and relevant policies and procedures.
4	Authorisation to sub-delegate functions
The Suburban Land Agency Board authorises the Suburban Land Agency Chief Executive Officer to sub-delegate, in accordance with column 2 of the schedule, a function delegated by this instrument.	

John Fitzgerald
Chair
Suburban Land Agency
21 July 2017

Schedule
(see sections 3 and 4)

Suburban Land Agency Financial Delegations
Column 1
Function	Column 2
Subdelegation and Condition	
Authority to open bank accounts, merchant facilities and credit card facilities and to maintain/amend bank account signatories	May not sub-delegate	
Setting reserve prices for the sale of land, informed by at least two valuations from independent certified practising valuers, but not less than the lowest valuation received within the previous six month period.	May not sub-delegate	
Interim CEO to act as the delegate in project-related professional services procurement processes and execution of contracts of the Suburban Land Agency, limited to commitments up to $1 million. Tender evaluation panels must have a non agency representative on the panel and projects over $1 million in value must have passed the approval processes of the ACT Government Procurement Board.	May not sub-delegate	
Interim CEO to act as the delegate in other goods and services procurement processes, entering into commitments, incurring expenditure and executing contracts of the Suburban Land Agency, limited to commitments up to $250,000 in any transaction. Procurement of goods and services must follow the ACT Government procurement policy. 	May sub-delegate to Executives.	
Deal with contracts for the sale of single residential blocks of land, including executing, varying, rescinding, extending settlement of, and terminating contracts or other agreements, including securities; blocks must not be sold for lower than the reserve price which is informed by a licensed valuer’s valuation. Multi unit and other classes of sale are to be referred to the Board. 	May sub-delegate to an authorised person. 	
Interim CEO to act as the delegate in civil construction procurement processes and execution of contracts of the Suburban Land Agency, limited to commitments up to $10 million. Tender evaluation panels must have a non agency representative on the panel and civil projects over $1 million in value must have passed the approval processes of the ACT Government Procurement Board.	May not sub-delegate. 	
The Interim CEO may authorise accounts for payment in accordance with prescribed administrative procedures. Expenditure must be within budget and to a maximum of 5% variation to the original contract or order.  	May not sub-delegate	
Receive moneys and issue receipts in accordance with prescribed administrative procedures.	May sub-delegate to an authorised person.