Portable Long Service Benefits Authority Financial Management Compliance Attestation Statement
I, Julius Roe, on behalf of the Responsible Body, certify that the Portable Long Service Benefits Authority has no Material Compliance Deficiency with respect to the applicable Standing Directions under the Financial Management Act 1994 (Vic) and Instructions.
Julius Roe
Chair, Governing Board
Portable Long Service Benefits Authority
Asset Management Accountability Framework maturity assessment
The following sections summarise the Authority’s assessment of maturity against the requirements of the Asset Management Accountability Framework (AMAF). The AMAF is a non-prescriptive, devolved accountability model of asset management that requires compliance with 41 mandatory requirements. These requirements can be found on the Department of Treasury and Finance website (dtf.vic.gov.au)(opens in a new window).
The Authority’s target maturity rating is ‘competence’, meaning systems and processes are fully in place, consistently applied and systematically meet the AMAF requirement, including a continuous improvement process to expand system performance above AMAF minimum requirements.
The Authority has assessed requirements 3 and 10 as not applicable.
Figure 2: Asset Management Accountability Framework
Leadership and Accountability (requirements 1-19)
The Authority has met its target maturity level in this category.
Planning (requirements 20-23)
The Authority has met its target maturity level in this category.
Acquisition (requirements 24 and 25)
The Authority has met its target maturity level in this category.
Operation (requirements 26-40)
The Authority has met its target maturity level in this category.
Disposal (requirement 41)
The Authority has met its target maturity level in this category.
Updated