Indexation of economic and non-economic loss in motor accidents matters

02/10/2012

Pursuant to s 146 of the Motor Accidents Compensation Act 1999,� the maximum amounts that are to apply for (a) past or future economic loss and (b) non-economic loss under that Act have been increased from 1 October 2011 by the Motor Accidents Compensation (Determination of Loss) Amendment Order 2012 (NSW). Pursuant to s 80 of the_ Motor Accidents Act 1988_ the maximum amount that is to apply for past or future non-economic loss under that Act has also been increased by the Motor Accidents Compensation (Determination of Non-Economic Loss) Amendment Order 2012 (NSW).� The Orders to this effect were announced in the NSW Government Gazette today.

2 October 2012