Government Strengthens Regulations For Renting Private Buildings For Offices

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Government Strengthens Regulations For Renting Private Buildings For Offices

The government strengthens regulations for renting private buildings, making written approval from the Ministry of Finance mandatory before finalizing any lease. Departments, ministries, and divisions will no longer be allowed to rent properties independently.

Under the new system, any department that rents a building without prior approval will not be granted retroactive permission. This marks a permanent end to the previous practice, where approvals could sometimes be sought after the lease was signed. The government emphasized that these measures are designed to improve transparency and accountability in official office rentals.

Rent Approval and Documentation Requirements

The government strengthens oversight by requiring the Ministry of Housing and Works to determine rent for private buildings. Approvals will include properties rented at higher-than-previous rates.

Departments must submit complete documentation before obtaining approval. Required documents include:

  • Owner’s No Objection Certificate (NOC)
  • Building map
  • Previous rental agreements
  • Recommendations from the concerned officer

Officials stressed that adherence to these procedures is now compulsory for all new office leases.

Ensuring Transparency and Accountability

By enforcing these regulations, the government strengthens control over public spending in office rentals. Officials say the measures will reduce misuse of public funds and prevent irregularities in leasing practices.

The new rules apply to all federal departments and aim to standardize the leasing process. With proper approvals and documentation, the government expects improved oversight and a more efficient system for renting private buildings for official use.

In other related news also read Government Revises Profit Rates on National Savings Schemes

Authorities have urged all departments to comply strictly with the guidelines. The initiative is part of a broader effort to maintain transparency and accountability in government operations while protecting public resources.

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