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ROAD ACCIDENT FUND ADJUST STATUTORY LIMIT IN RESPECT OF CLAIMS FOR LOSS OF INCOME AND LOSS OF SUPPORT
Published on 10/02/2016
Road Accident Board Notice No.7 of 2016 which was published in the Government Gazette on the 29th of January 2016. In it the Road Accident Fund adjusted the cap (i.e. the maximum annual income that loss of income and loss of support claim will be calculated on) for inflation with effect from the 31st of January 2016 to the sum of R238 670.00 per annum.
Click on the link below to view the Board Notice: