Complete annual report 2010-11 - Land - NSW Government

State Property Authority
2010-2011 Annual Report
n Principal governing
legislation
The State Property Authority operates under the following
principal legislation:
n State Property Authority Act 2006
n Public Finance and Audit Act 1983.
Changes in legislation
Three State Property Authority Orders were published with
commencement dates in 2010-11, which vested 26 land
parcels and 347 lease and licence interests into the Authority.
State Property Authority Order 2010 commenced in
part on 6 August 2010 and, in part, on 1 October 2010.
This Order amended Schedule 1 of the State Property
Authority Act 2006, transferring 15 land parcels and
272 lease and licence interests to the Authority which
were previously owned or administered by the following
former agencies: Communities NSW; the Department of
Education and Training; the Department of Environment;
the Department of Environment Climate Change and
Water; the Department of Human Services; the Department
of Industry and Investment; the Department of Justice and
Attorney General; the Department of Planning; Police and
Emergency Services NSW; the Department of Premier
and Cabinet; the Department of Services, Technology and
Administration; NSW Transport and NSW Treasury.
State Property Authority Order (No 2) 2010 commenced
on 19 October 2010. This Order amended Schedule 1
of the State Property Authority Act 2006, transferring
eight land parcels to the Authority which were previously
owned or administered by the following former agencies:
Communities NSW and the Department of Justice and
Attorney General.
State Property Authority Order 2011 commenced, in
part, on 25 February 2011 and, in part, on 1 June 2011.
This Order amended Schedule 1 of the State Property
Authority Act 2006, transferring three land parcels and 75
lease and licence interests to the Authority which were
previously owned or administered by the following former
agencies: the Department of Environment Climate Change
and Water; the Department of Health; the Department
of Human Services; the Department of Industry and
Investment; the Department of Justice and Attorney
General; Police and Emergency Services NSW; the
Department of Premier and Cabinet; NSW Transport and
NSW Treasury.
On 3 April 2011 the Public Sector Employment and
Management (Departments) Order 2011 under the Public
Sector Employment and Management Act 2002 had
the effect of transferring State Property Authority staff to
the Department of Finance and Services and effectively
conferring on the Director-General of the Department of
Finance and Services the functions of Chief Executive
Officer of the State Property Authority.
n Payment of accounts
The table on the next page highlights the Authority’s
account payment performance for 2010-11. The
percentage of invoices paid on time for the year averaged
85.2% (compared to 88.8% in 2009-10 and 83.8% in
2008-09). The marginal reduction in performance over
2009-10 was due mainly to the transitioning of the
management and operational processes of numerous
owned and leased properties vested from other
Government agencies during the year. Although further
property vesting is expected to occur in 2011-12, the
Authority is progressing with enhancements to its account
payment processes and is targeting payment performance
in excess of 90% for 2011-12.
During 2010-11 there were no occasions where the
late payment of accounts incurred an interest charge to
the Authority.
2010-2011 Annual Report 61