Unit of competency Outline
Date retreived
22/07/2026 7:35 PM AWST
22/07/2026 7:35 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Inspect vehicle or property for saleable items and determine their value
Inspect vehicle or property for saleable items and determine their value
Unit of competency
National Code
FNSIGN406A
FNSIGN406A
State Code
D4207
D4207
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
29/07/2014
Field of Education
081103 - Insurance And Actuarial Studies
Original Release Date
29/07/2014
Nominal Hours
40
Description
This unit describes the performance outcomes, skills and knowledge required to inspect a vehicle or property subject to a claim and identify serviceable/saleable vehicles, or property and other items to determine whether they can be sold and what the value would be.This unit may apply to job roles subject to licensing, legislative, regulatory or certification requirements so Commonwealth, State or Territory requirements should be confirmed with the relevant body.
Notes
Elements and Performance Criteria
1. Carry out inspection of property/vehicle to identify serviceable/ saleable items/ components
- 1.1. Inspection is completed without causing damage to any property, component or system
- 1.2. Correct information is accessed and interpreted
- 1.3. Property/vehicle/components/items is inspected to identify serviceable/saleable components
- 1.4. Planned action and expected result of sale is included in final loss calculation
- 1.5. Inspection activities are carried out according to industry regulations/guidelines
2. Determine property/ vehicle/component/ item retail or salvage price
- 2.1. Valuation of identified serviceable/saleable items/components is carried out in preparation to calculating value of property/vehicle/components or items
- 2.2. Retail price and salvage cost is estimated
- 2.3. Action is recommended and recorded according to organisation policy, legislation and regulations
RANGE STATEMENT
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.
Information sources may include:
manufacturers' specifications including electrical/electronic regulations and specifications
second-hand goods purchasers and suppliers
trade journals.
Serviceable/saleable items may include:
building materials
electrical goods
household goods
vehicle parts
others specific to the particular situation.
Industry regulations/guidelines may include:
codes of practice
organisation operating procedures
enterprise procedures/policies
occupational health and safety (OHS) legislation
statutory legislation.
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.
Information sources may include:
manufacturers' specifications including electrical/electronic regulations and specifications
second-hand goods purchasers and suppliers
trade journals.
Serviceable/saleable items may include:
building materials
electrical goods
household goods
vehicle parts
others specific to the particular situation.
Industry regulations/guidelines may include:
codes of practice
organisation operating procedures
enterprise procedures/policies
occupational health and safety (OHS) legislation
statutory legislation.
EVIDENCE GUIDE
The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.
Overview of assessment
Critical aspects for assessment and evidence required to demonstrate competency in this unit
Evidence of the ability to:
interpret and apply relevant industry codes of practice, legislation and regulations
carry out inspections of property/vehicle to identify serviceable/saleable items/components
determine property/vehicle/component/item retail or salvage price.
Context of and specific resources for assessment
Assessment must ensure:
competency is demonstrated in the context of the work environment and conditions specified in the range statement either in a relevant workplace or a closely simulated work environment
access to and the use of a range of common office equipment, technology, software and consumables
access to organisation records
access to organisational policies and procedures.
Method of assessment
A range of assessment methods should be used to assess practical skills and knowledge. The following examples, in combination, are appropriate for this unit:
evaluating an integrated activity, which combines the elements of competency for the unit, or a cluster of related units of competency
observing processes and procedures in workplaces
verbal or written questioning on underpinning knowledge and skills
evaluating samples of work
accessing and validating third party reports.
Guidance information for assessment
The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.
Overview of assessment
Critical aspects for assessment and evidence required to demonstrate competency in this unit
Evidence of the ability to:
interpret and apply relevant industry codes of practice, legislation and regulations
carry out inspections of property/vehicle to identify serviceable/saleable items/components
determine property/vehicle/component/item retail or salvage price.
Context of and specific resources for assessment
Assessment must ensure:
competency is demonstrated in the context of the work environment and conditions specified in the range statement either in a relevant workplace or a closely simulated work environment
access to and the use of a range of common office equipment, technology, software and consumables
access to organisation records
access to organisational policies and procedures.
Method of assessment
A range of assessment methods should be used to assess practical skills and knowledge. The following examples, in combination, are appropriate for this unit:
evaluating an integrated activity, which combines the elements of competency for the unit, or a cluster of related units of competency
observing processes and procedures in workplaces
verbal or written questioning on underpinning knowledge and skills
evaluating samples of work
accessing and validating third party reports.
Guidance information for assessment
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| AUR55 | FNSIGN406 | Inspect property for saleable items and determine their value | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| D714 | FNS41611 | Certificate IV in Loss Adjusting | Qualification |