123MProvision of results of total loss assessments—heavy vehicles

123M Provision of results of total loss assessments—heavy vehicles

123M Provision of results of total loss assessments—heavy vehicles

(1) The following information is prescribed as the information that an assessor must under section 104I(1)(b) of the Act, if requested to do so, set out in a written record of any total loss assessment made by or on behalf of the assessor—

(a) the identification details of the vehicle,

(b) the heavy vehicle damage details relevant to the vehicle,

(c) if the vehicle is determined to be a total loss—details of the determination as to whether or not the vehicle has suffered damage of a type specified in the statutory write-off assessment criteria, including the date on which the determination was made,

(d) the name of the person who carried out the assessment,

(e) the reasons why the person who carried out the assessment was competent to do so,

(f) the sum for which the vehicle was insured,

(g) the market value of the vehicle and the basis for determining that value,

(h) the assessed cost of repairs and details of how the cost of repairs was determined, applying the relevant technical specifications,

(i) the assessed salvage value of the vehicle and the basis for determining that value.

(2) Transport for NSW may, by notice in writing, exempt an assessor from any requirement to set out the information under subclause (1) in a written record of any total loss assessment made by or on behalf of the assessor.

cl 123M: Ins 2018 (629), Sch 1 [25]. Am 2019 No 21, Sch 2.2[30] [31].