Fiji Sun, 30 December 2017 – …Do we have to still pay CTP Insurance?
No, from 1 January 2018, as a vehicle owner, you do not have to pay CTP insurance anymore. Instead you will pay a Motor Vehicle Accident (MVA) levy.
4. What is the Motor Vehicle Accident (MVA) Levy?
The MVA levy is what you will pay as “premium” for being covered by the compensation scheme administered by the ACCF. Motor vehicle owners will pay the relevant MVA levy to the ACCF. The Land Transport Authority (LTA) will collect the levies in line with its existing vehicle registration process. Read more…
(Ultram)