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Note 13: Contingent assets and liabilities

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Claims for damages or costs Total
2015 2014 2015 2014
$'000 $'000 $'000 $'000
Contingent assets
Balance from previous period 232 109 232 109
New contingent assets recognised 23 199 23 199
Re-measurement 6 (13) 6 (13)
Assets realised (12) (67) (12) (67)
Rights expired (51) 4 (51) 4
Total contingent assets 198 232 198 232
Contingent liabilities
Balance from previous period (184) (215) (184) (215)
New contingent liabilities recognised (40) (40)
Re-measurement (20) (59) (20) (59)
Liabilities realised 120 120
Rights expired 84 90 84 90
Total contingent liabilities (40) (184) (40) (184)
Net contingent liabilities 158 48 158 48

Quantifiable contingencies

The Department estimates $40,000 of contingent liabilities in respect to claims for damages/costs (2014: $184,000). This amount represents an estimate of the Department's liability based on precedent in such cases. The Department is defending the claims.

The Department estimates $198,000 of contingent assets in respect of claims for damages/costs (2014: $232,000). This amount represents the Department's estimate of claims against persons/organisations based on ongoing cases. The estimate is based on precedent in such cases.

Unquantifiable contingent liabilities

The Department is party to a number of civil litigation matters arising out of its statutory duty to administer the laws for which it is responsible. As at the date of this report there are no matters where costs have been awarded against the Department.

Unquantifiable contingent assets

Conversely, the Department, like any other party to civil litigation may be entitled to recover costs arising out of such litigation if it is successful. There are no matters at the date of this report where the Department reasonably expects to have an award of costs in its favour.

Future compensation claims

The “Scheme for Compensation for Defective Administration” (CDDA) allows agencies to provide compensation to persons who have been adversely affected by their maladministration, but who have no legal means to seek redress, such as a legal claim. It is not possible to estimate the value of future CDDA claims.

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