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ARTICLE · 04 APRIL 2016

Compulsory Third Party (CTP) insurance scheme options paper released in NSW

Colin Biggers & Paisley
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The NSW government has announced a consultation process to reform the state's CTP insurance scheme and seeks submissions.

AustraliaInsurance
Toby Blyth
Toby Blyth
Amanda Cefai
Amanda Cefai
Emily Brownlee
Emily Brownlee

In brief - NSW government seeks submissions to reform proposals

In response to the 2013 CTP Green Slip Roundtable and feedback that the scheme "requires improvement", the NSW government has announced a consultation process to reform the state's CTP insurance scheme. It has recently released the On the road to a better CTP Scheme options paper which outlines proposed improvements. Submissions must be lodged by Friday 22 April 2016.

CTP insurance protects not-at-fault injured parties from uninsured drivers

CTP insurance (also known as the "Green Slip") is mandatory in New South Wales. It provides third party personal injury cover in the event of a motor vehicle accident. CTP protects not-at-fault parties injured as a result of motor vehicle accidents from the perils of uninsured drivers.

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