Document ID: chunk:federal_register_of_legislation:F2021C01223:front:0:p60
Version: federal_register_of_legislation:F2021C01223
Segment Type: other
Provision Reference: 
Character Range: 178791–182005

limited to the south side of the building in the area occupied by the 1970s addition, and further internal re-configuration of the building. The construction of additional floors may be appropriate to assist the Bank to continue to occupy its current site, subject to an assessment of likely heritage impacts on the RBA Head Office and heritage items in the vicinity.

7.0              Management of Commonwealth Heritage Values

7.1                Generally
The policies set out in this section are intended to guide to the development and care of the RBA Head Office to maintain its heritage significance and in a manner consistent with the Commonwealth Heritage management principles contained in the EPBC Act 1999. The overall intention of the policies is to:

                  Retain the character and quality of the original aspects of the RBA Head Office and its various elements, together with its immediate setting.
                  Permit adaptations and new works which will enable the place to continue in its use as a corporate Head Office for the Reserve Bank of Australia.
                  Provide an approach to the replacement of deteriorated and redundant fabric.
                  Draw attention to the need for a co-ordinated approach to conservation decision making in any future actions.

The Head Office building of the Reserve Bank of Australia was included on the Commonwealth Heritage List on the 22 June 2004 for its ability to demonstrate the following Commonwealth Heritage values:

         Criterion A (Processes)
         Criterion B (Rarity)
         Criterion D (Characteristic values)
         Criterion E (Aesthetic values)
         Criterion F (Technical achievement)
         Criterion G (Social value)
         Criterion H (Significant people)

The Head Office of the Reserve Bank of Australia was purpose-built between 1962-64 with limited whole-life expectancy, and an expectation that internal planning may be adapted as required and services in particular would be upgraded and replaced as they wore out or became redundant.  Services throughout multi-storied office buildings are likely to become functionally obsolete or non-compliant with statutory requirements over time.

7.2                Commonwealth Heritage Management Principles
The EPBC Regulations 2000[47] set out seven Commonwealth Heritage management principles to manage heritage properties to protect heritage values for future generations.  The principles must be used when preparing, implementing and reviewing heritage strategies, management plans and any other management arrangements.

The RBA continues to use the following management principles in the preparation of this Heritage Management Plan, the RBA Heritage Strategy 2019-2022, and generally to monitor and guide the management of heritage values identified for the Reserve Bank of Australia Head Office building.

          1. The objective in managing Commonwealth Heritage places is to identify, protect, conserve, present and transmit, to all generations, their Commonwealth Heritage values.

         2.       The management of Commonwealth Heritage places should use the best available knowledge, skills and standards for