Housing Act 2003

The community housing provider manages its community housing assets in a manner that ensures suitable properties are available at present and in the future, particularly in relation to the following—

determining changing housing needs and planning asset acquisitions, disposals and reconfiguration to respond (strategic asset management);

setting and meeting relevant property condition standards;

planning and undertaking responsive, cyclical and life-cycle maintenance to maintain property conditions (asset maintenance);

planning and delivering its housing development program (asset development).