Factors relevant to assessments
91 Factors relevant to assessments
An assessor must ensure that each total loss assessment made by or on behalf of the assessor—
if the light vehicle is determined to be a total loss—includes an assessment of whether the vehicle has suffered damage of a type specified in the statutory write-off assessment criteria, and
bases any calculation of the cost of repair of the vehicle (for the purposes of assessing whether the vehicle is a total loss) on the standard of repairs, and the repair methods, prescribed by the statutory rules in relation to vehicles of that type.
Maximum penalty—
in the case of a corporation, 250 penalty units for a first offence or 500 penalty units for a second or subsequent offence, or
in any other case, 50 penalty units for a first offence or 100 penalty units for a second or subsequent offence.
This Act’s bill:Explanatory memorandumSecond reading speech
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