Road Accident Fund Act, 1996 (Act No. 56 of 1996)

Board Notices

Adjustment of Statutory Limit in respect of Claims for Loss of Income and Loss of Support

Board Notice 786 of 2025

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Board Notice 786

16 May 2025

GG 52691

 

Road Accident Fund

 

The Road Accident Fund hereby, in accordance with section 17(4A)(a) of the Road Accident Fund Act, No. 56 of 1996, adjusts and makes known that the amounts referred to in subsection 17(4)(c) are hereby adjusted to R372 824.00, with effect from 30 April 2025, to counter the effects of CPI inflation.

 

Note: The CPI index based on the new “basket and weights” was used to calculate this adjustment, effective from 30 April 2025 (with base year December 2024 = 100). The CPI index for May 2008 was 43.43 due to the December 2024 rebasing. The CPI index for February 2025 was 101.2. This adjustment was calculated by multiplying the R 160 000 limit by 101.2/43.43