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Finance : Asset Disposal and Financial Debt Write-Off

AuthorityDelegation HolderLimitsReference
Approval of write-offs of assets/debts greater than $500,000Council Powers and Authorities of Council and the Vice-Chancellor: Delegations, approved by Council 4/05
Authorise sale, trade in, donation, disposal or destruction of plant, equipment and motor vehicle assets to the greater of the net book value or fair market value of the asset in accordance with University policyCorporate Manager [in addition to these authorities, Corporate Managers exercise all of the authorities assigned to 'Branch Head' - see separate listing]Up to $250K per transaction within approved budgetApproval form - RMO F. 2012/8562; TRIM reference D2012/111972
Authorise sale, trade in, donation, disposal or destruction of plant, equipment and motor vehicle assets to the greater of the net book value or fair market value of the asset in accordance with University policyBranch HeadUp to $50K per transaction within approved budgetApproval form - RMO F. 2012/8562; TRIM reference D2012/111972
Authorise sale, trade in, donation, disposal or destruction of plant, equipment and motor vehicle assets to the greater of the net book value or fair market value of the asset in accordance with University policyChief Operating OfficerUp to $500K per transactionApproval form - RMO F. 2012/8562; TRIM reference D2012/111972
Authorise sale, trade in, donation, disposal or destruction of plant, equipment and motor vehicle assets to the greater of the net book value or fair market value of the asset in accordance with University policyDeputy Vice-Chancellor and Vice-President (Academic)Up to $500K per transactionApproval form - RMO F. 2012/8562; TRIM reference D2012/111972
Authorise sale, trade in, donation, disposal or destruction of plant, equipment and motor vehicle assets to the greater of the net book value or fair market value of the asset in accordance with University policyDirector of University Research InstituteUp to $50K per transaction within approved budgetApproval form - RMO F. 2012/8562; TRIM reference D2012/111972
Authorise sale, trade in, donation, disposal or destruction of plant, equipment and motor vehicle assets to the greater of the net book value or fair market value of the asset in accordance with University policyExecutive DeanUp to $200K per transaction within approved budgetApproval form - RMO F. 2012/8562; TRIM reference D2012/111972
Authorise sale, trade in, donation, disposal or destruction of plant, equipment and motor vehicle assets to the greater of the net book value or fair market value of the asset in accordance with University policyFaculty Finance and Planning Manager/Manager Divisional SupportUp to $50K per transaction within approved budgetApproval form - RMO F.2015/3905; HPRM reference D2016/127816
Authorise sale, trade in, donation, disposal or destruction of plant, equipment and motor vehicle assets to the greater of the net book value or fair market value of the asset in accordance with University policyHead of SchoolUp to $50K per transaction within approved budgetApproval form - RMO F. 2012/8562; TRIM reference D2012/111972
Authorise sale, trade in, donation, disposal or destruction of plant, equipment and motor vehicle assets to the greater of the net book value or fair market value of the asset in accordance with University policyPro Vice-ChancellorUp to $200K per transaction within approved budgetApproval form - RMO F. 2012/8562; TRIM reference D2012/111972
Authorise sale, trade in, donation, disposal or destruction of plant, equipment and motor vehicle assets to the greater of the net book value or fair market value of the asset in accordance with University policyProvost and Deputy Vice-Chancellor and Vice-President (Research)Up to $500K per transactionApproval form - RMO F. 2012/8562; TRIM reference D2012/111972
Approve write-off of financial debt for students and general debtorsChief Financial OfficerUp to and including $250KApproval form - RMO F.2015/3905; HPRM reference D2015/304898
Approve write-off of financial debt for students and general debtorsChief Operating OfficerUp to and including $250KApproval form - RMO F.2015/3905; HPRM reference D2015/304898
Approve write-off of financial debt for students and general debtorsDeputy Vice-Chancellor and Vice-President (Academic)Up to and including $50KApproval form - RMO F.2015/3905; HPRM reference D2015/304898
Approve write-off of financial debt for students and general debtorsDivisional Management AccountantUp to and including $50KApproval Form - RMO F.2015/3905, HPRM reference D2016/257910
Approve write-off of financial debt for students and general debtorsExecutive DeanUp to and including $50KApproval form - RMO F.2015/3905; HPRM reference D2015/304898
Approve write-off of financial debt for students and general debtorsFaculty Executive Manager/DirectorUp to and including $50KApproval form - RMO F.2015/3905; HPRM reference D2016/127816
Approve write-off of financial debt for students and general debtorsFaculty Finance and Planning Manager/Manager Divisional SupportUp to and including $50KApproval form - RMO F.2015/3905; HPRM reference D2016/127816
Approve write-off of financial debt for students and general debtorsProvost and Deputy Vice-Chancellor and Vice-President (Research)Up to and including $50KApproval form - RMO F.2015/3905; HPRM reference D2015/304898
Approve write-off of inventoryChief Financial OfficerUp to and including $250KApproval Form - RMO F. 2003/1284-06; TRIM reference D2008/16396
Approve write-off of inventoryChief Operating OfficerUp to and including $50KApproval Form - RMO F. 2003/1284-06; TRIM reference D2008/16396
Approve write-off of inventoryDeputy Vice-Chancellor and Vice-President (Academic)Up to and including $50KApproval Form - RMO F. 2003/1284-06; TRIM reference D2008/16396
Approve write-off of inventoryExecutive DeanUp to and including $50KApproval Form - RMO F. 2003/1284-06; TRIM reference D2008/16396
Approve write-off of inventoryFaculty Finance and Planning Manager/Manager Divisional SupportUp to and including $50K; no delegation in the Division of the DVC&VP(A)Approval form - RMO F.2015/3905; HPRM reference D2016/127816
Approve write-off of inventoryProvost and Deputy Vice-Chancellor and Vice-President (Research)Up to and including $50KApproval Form - RMO F. 2003/1284-06; TRIM reference D2008/16396
Authority to enter into a contract or contracts for the sale of North Terrace and Frome Street properties that have been approved for sale by the CouncilVice-Chancellor and PresidentAfter consultation with the ChancellorApproved by Council 25 May 2015. Instrument of Delegation 1/15 - D2015/130104, HPRM F.2013/6241
Authority to enter into a contract or contracts for the sale of Thebarton Campus that has been approved for sale by the CouncilVice-Chancellor and President Approved by Council 25 July 2016. Instrument of Delegation 3/16 - D2016/165420, HPRM F.2013/6241
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