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PURPOSE

MANUAL OF FLEET MANAGEMENT

PURPOSE

The purpose of this procedure is to outline the way in which novated lease vehicles may be used on company business.

PROCEDURE

MANUAL OF FLEET MANAGEMENT

PROCEDURE

Novated Lease vehicles will be treated in the same way as employee owned vehicles and subject to the same requirements and restrictions.

INTRODUCTION

MANUAL OF FLEET MANAGEMENT

INTRODUCTION

Novated Lease vehicles are vehicles acquired via a three way leasing agreement between the employee (who is the vehicle owner), the company and a vehicle supplier.

It is incumbent upon company employees using a Novated Lease vehicle on company business to have the appropriate level of insurance. It is the responsibility of the supervisor/authorising person to sight proof of insurance and retain a copy on file for each employee authorised to use a personally owned vehicle on official business.

In the event of an incident while on company business employees should make the necessary report to their insurance company, as well as advising the company.

Employees are not authorised to use a substitute vehicle or driver for company business unless authorised by the company.

Such vehicle substitutions will only take place where the employee owned vehicle is unavailable due to breakdown or maintenance requirements.

Without exception substitute vehicles may only be a vehicle sourced from a short term lease/hire company such as the major car hire organisation. Such organisations will only be used with the express authorisation of the company.

Any vehicle hired will be of the same or a superior specification and carry adequate insurance cover. If there is uncertainty as to what level that should be, the employee must immediately contact the company.

RESOURCES