Fiji Time: 9:08 PM on Wednesday 22 November

Fiji Times Logo

/ Front page / Archives » Article Index

Vehicle third party policy

Serafina Silaitoga
Thursday, November 02, 2017

THE Land Transport Authority has started initial works to cater for the new motor vehicle third party insurance policy by January 1 next year.

LTA's chief executive officer, Carmine Piantedosi said motor vehicle owners would start paying the compulsory third party policy with them from January 1.

"That should be fully operational and works are progressing very well for this new system," he said.

"By January 1 or even before, vehicle owners will be paying the compulsory third party insurance when they come and renew the vehicle permits.

"Our role is to collect the fee when the person comes in to register the vehicle and we process it at LTA."

He said the fees would be given to the newly-formed Fiji Accident Compensation Commission.

"So, vehicle owners won't be paying insurance companies any more for their compulsory third party but will pay us, the LTA.

"However, the insurance companies can still provide policy for car insurance but it won't be able to give out third party insurance.

"The fees for the compulsory insurance will not increase from the current one that is paid to insurance companies."

Mr Piantedosi said the exact prices had not been released yet.

Government, in its 2017/2018 National Budget, announced this system with the LTA.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.62150.6025
JPY 55.262252.2622
GBP 0.36590.3579
EUR 0.41410.4021
NZD 0.71730.6843
AUD 0.64430.6193
USD 0.48800.4710

from

$0.00

Exchange Rate updated on 22nd, November, 2017

Today's Most Read Stories

  1. 'Operation Kill Bill'
  2. Line-up unchanged
  3. Teacher testifies in trial
  4. Sex crimes
  5. Rain brings floods
  6. Mind game
  7. iTLTB looks into land tenancy concerns
  8. 'Naiqama capable of captaining Tigers'
  9. Water source for 10,000
  10. Staging of works not possible

Top Stories this Week

  1. Celebration planned to welcome COP23 delegates Tuesday (21 Nov)
  2. COP23: France invite for Timoci Friday (17 Nov)
  3. The Crying Rock Sunday (19 Nov)
  4. Where there's a will... Thursday (16 Nov)
  5. Bid to win Tuesday (21 Nov)
  6. Walker brothers' radar focuses on Fiji Bati kingpin Friday (17 Nov)
  7. 'God first' Sunday (19 Nov)
  8. Timoci opens COP23 Thursday (16 Nov)
  9. Fiji Bati requests for continued prayers Monday (20 Nov)
  10. Bati rest day Tuesday (21 Nov)