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Secretariat
POLICIES, PROCEDURES AND REGULATIONS

Surplus Asset Disposal

Description:  Authorizes the University to dispose of personal property assets which are declared surplus.  Has associated Procedure

Notes:   Approved by Board of Governors 2007/06/25.  Replaces Policy on Disposal of Surplus Furnishings and Equipment, 1996/05/06.   Date Effective:  2007/06/25

Approval Authority: Board of Governors

Signature: Marshall Cohen


Application

This Policy applies to all University assets except for real estate or other interests in land.

Policy

A University asset  which is declared surplus may be disposed of by the University in accordance with guidelines and procedures for its disposition promulgated from time to time by the Vice-President Finance and Administration.