Road Accident Fund Amendment Act (No. 19 of 2005)

1st January 2005

TO amend the Road Accident Fund Act, 1996, so as to extend the powers of the Fund regarding the conclusion of agreements; to alter the financial year of the Fund: to make new provisions regarding the Board of the Fund; to further regulate the Fund’s obligation to compensate a third party for non-pecuniary loss, for certain hospital or medical expenses, and for loss of income or support; to repeal certain provisions limiting the liability of the Fund to R25 000 in respect of claims; to abolish certain common law claims; to make further provision for the prescription of certain claims; to substitute the provision authorising the Minister to make regulations; and to provide for matters connected therewith.