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<p>Where a Government asset no longer serves a public purpose, or that purpose can
be<br>more efficiently realised through its transfer to private or non-government
hands, a<br>Government Department or Arm’s Length Body may choose to sell that asset</p><p>The
disposal of individual sites is a matter for each Department or Body. It is the role
of the<br>Accounting Officer to ensure this represents value for money and is achieved
in line with the Green Book, Managing Public Money and the Guide for Disposal of Surplus
Land.</p><p>Departments are expected to identify land as surplus where it is no longer
required for operational<br>purposes. Managing Public Money states that Departments
should dispose of surplus sites within 3<br>years. In 2017 the Office of Government
Property published the Guide for the Disposal of Surplus<br>Land, providing detailed
guidance on how to plan for and execute land disposals</p><p>As part of the Government
Estate Strategy 2018, the Office of Government is leading on a<br>Government commitment
to release £5 billion land and property in 2015 - 2020.</p>
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