Document ID: chunk:federal_register_of_legislation:F2025C00160:reg:3:p288
Version: federal_register_of_legislation:F2025C00160
Segment Type: reg
Provision Reference: reg 3 (pt 288/293)
Character Range: 3123126–3129067

for loss or damage.
    c.                                                                                                                                                          Any professional valuation of the loss or damage.
    d.                                                                                                                                                          The estimated residual value of the possessions. This must take into account the:
    i.                                                                                                                                                          initial cost, and
    ii.                                                                                                                                                         estimated amount of depreciation.
    e.                                                                                                                                                          Any other factor relevant to the loss or damage.
5.  The payment must be reduced if both these conditions are met.
    a.                                                                                                                                                          The member has not insured the possessions, or has underinsured them.
    b.                                                                                                                                                          The CDF considers that it would have been reasonable to fully insure them against the event that caused the loss or damage.
6.  The amount must be reduced by the amount the member could reasonably expect to have been paid by an insurer, if the goods had been adequately covered.

14.6.22 Loss or damage – private vehicles

1.  A member is eligible for the following amount if their private vehicle is lost or damaged as a result of an event specified in subsection 14.6.21.1.
    a.                                                                                                                                                    If their private vehicle is lost — the estimated residual value of the vehicle immediately before the loss occurred.
    b.                                                                                                                                                    If their private vehicle is damaged — the difference between estimated residual values, both before and after the damage.
2.  This is how to work out the estimated residual value of the member's vehicle.
    a.                                                                                                                                                    Find out how much the member paid to buy the vehicle.
    b.                                                                                                                                                    Subtract an amount of depreciation the CDF assesses as reasonable in the circumstances.
3.  When assessing the amount of depreciation, the CDF must consider all these criteria.
    a.                                                                                                                                                    The criteria set out in subsection 14.6.21.4.
    b.                                                                                                                                                    The type and cost of the vehicle bought by the member.
    c.                                                                                                                                                    The age of the vehicle when bought, and the period the member owned the vehicle.
    d.                                                                                                                                                    The rate of depreciation that would usually occur on a similar vehicle at the member's posting location.
    e.                                                                                                                                                    The estimated cost of repairing any defects to the vehicle.
    f.                                                                                                                                                    The insured value of the vehicle.
    g.                                                                                                                                                    Any other factor relevant to the member's ownership of the vehicle.

14.6.23 CDF decision on loss

1.  The CDF can direct that a member's possessions are presumed lost on a specific date.
2.  The CDF must consider all these criteria.
    a.                                                                                                                   The circumstances in which the member ended or interrupted a long-term posting and left the posting location.
    b.                                                                                                                   The nature of the possessions abandoned by the member at the location, and their condition and value at that time.
    c.                                                                                                                   The likelihood that the member may be able to recover the possessions in a reasonable condition for use.
    d.                                                                                                                   The likelihood of the member resuming the posting or returning to the location.
    e.                                                                                                                   Any other factor relevant to the member's loss of possessions.
3.  The CDF is