Accident Compensation Commission of Fiji CEO, Parvez Akbar says the reduction in the Motor Vehicle Accident Levy will not affect their ability to compensate victims of accidents.
It was announced in the National Budget Address that the Motor Vehicle Accident Levy will be reduced by 50% effective from 1st August 2020 to 31st July 2021.
Akbar says to date they have paid out over $12 million in compensation for motor vehicle, employment and school accidents.
He says the announcement provides relief to motor vehicle owners for a period of one year as the nation copes with the impacts of COVID-19.
Akbar adds they fully support the decision to significantly reduce the Motor Vehicle Accident Levy as this will certainly ease the financial burden on motor vehicle owners in these difficult times.
He says notwithstanding the impact that COVID-19 has on the economy and the nation as a whole, they have continued to receive and process applications for compensation.
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