(1) A department or public body must—
(a) maintain a register of assets held or managed by it; and
(b) develop, implement and keep under review a risk management strategy.
(2) The register of assets is to be in the form, and contain the information, determined by the Minister after consultation with the Victorian Managed Insurance Authority.
S. 45 amended by No. 75/1994 s. 7(2), substituted by No. 43/1995 s. 4.