Treasury offers eleventh-hour recommendations to fix Road Accident Fund
The Road Accident Fund is in desperate need of financial, governance and structural reforms if it is to remain functional, National Treasury has told Parliament.
Speaking to the Portfolio Committee on Transport on Tuesday afternoon, Treasury told Parliament it was necessary to change how the RAF is funded, how its leadership is constituted and how it responds to the needs of claimants who seek compensation.
However, the committee responded that Treasury was presenting new recommendations at the tail end of processing the Road Accident Benefit Schemes Bill.
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