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Instead of paying insurance premiums to insurers, drivers will now pay into the Accident Compensation Fund at the time they register their car. When suffering a road related injury individuals will be able to apply for compensation through the Accident Compensation Commission Fiji (‘ACCF’).

The Personal Property Securities Act 2017 introduces the creation of a security interest in personal property to secure payment of a loan or some other obligation. The Act will further strengthen Fiji’s financial system, benefiting a wide spectrum of transactional arrangements.

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Fiji Companies Act 2016 Update

May 8, 2016

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