Materia Medica Malaysiana

Call for no-fault compensation of accident victims

KUALA LUMPUR: The National Institute of Occupational Safety and Health (NIOSH) has called for the establishment of a Motor Vehicles Accident Compensation (MVAC) Fund for road accident victims on a no-fault liability basis.
Its chairman Tan Sri Lee Lam Thye, in a statement, said that under the proposed no fault liability scheme, motorist injured or killed in motor accidents will be automatically compensated from the Motor Vehicles Accident Compensation (MVAC) Fund.
Lee said that the current motor accidents claims take years to be settled and compensation is also paid late.
The proposed MVAC will compensate victims automatically as soon as they are injured or their families if the victim is killed in a motor accident.
The scheme proposes that all motorists contribute annually to the fund at a rate determined by the Government.
Motorists would be able to contribute to the fund when they obtain or renew their driving licenses.
He suggested the fund be managed by Socso in view of its expertise and long years of experience in this field.