Regulation 29
Selling prices of fixed assets
of Town Councils Financial Rules
Subsidiary LegislationIn forceProvision 58 of 121
Regulation 29
The authority to approve the selling prices of fixed assets shall be as follows:
(a)
not exceeding $1,000 per item—Officer or Committee authorised by the chairman(b)not exceeding $3,000 per item—Chairman(c)exceeding $3,000 per item—Town Council.