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An Explanation of the Fund Levy

Calculation of Fund Levy

The Fund Levy is currently a fixed dollar amount, based on vehicle type and location. It appears as a separate charge on your greenslip.

The State Insurance Regulatory Authority (SIRA) component of the Fund Levy is set by SIRA. It is calculated as a percentage, currently around 11% of greenslip premiums.

Two components

The Fund Levy is made up of two parts:

1. The largest part of the Levy funds the Lifetime Care and Support scheme (LCS):

  • LCSA General Fund
  • Motor Accident Injuries Treatment and Care Benefits (MAITC) Fund.

2. The second part of the Levy is for the SIRA Fund. SIRA uses this to pay:

  • Operating costs of SIRA
  • Fees to Transport for NSW to administer the registration process
  • Costs of public hospital, ambulance and other services for people injured in a road accident.

Average Fund Levy

 Vehicle Class Sydney
Newcastle /
Central Coast
Wollongong Country
Motor car  $144 $139 $123 $136 $113
 $115 $76 $78 $78 $68
Light goods
vehicle (up to 4.5 GVM)
 $250 $173 $148 $177 $111

Fund Levy amounts (at 1 April 2024) may be adjusted under Motor Accident Injuries Act 2017.

The Fund Levy used to be known as the Medical Care and Injury Services Levy (MCIS Levy). The MCIS Levy first appeared in 2006 with the introduction of the Lifetime Care and Support Scheme.

How it Works - more info

Complaints >

How to make a complaint about your CTP insurer or SIRA. read more

Geographical zones >

Greenslip prices set using geographical zones by postcode. read more

Third Party Insurance Scheme >

The Third Party insurance scheme in NSW explained. read more

Lifetime Care and Support Scheme >

The Lifetime Care and Support scheme in NSW explained. read more

Injury claims >

What to do if you want to make a claim from your CTP insurer. read more

CTP Care >

Further benefits for NSW CTP claimants after 5 years. read more

State Insurance Regulatory Authority >

Government authority responsible for the NSW CTP scheme. read more

Scheme changes 2009 and 2010 >

History of major changes to the NSW CTP scheme. read more

Motor Accident Authority >

Previous authority responsible for the NSW CTP scheme. read more

CTP insurance >

Why you need CTP insurance and how it works. read more

What is a greenslip? >

Find out exactly what is meant by a green slip in NSW. read more

Who and what is covered? >

Who and what is covered by your CTP green slip. read more

At-Fault Driver Cover >

What is At-Fault Driver Cover and which insurer offers it. read more

Setting prices >

How green slip prices are set and how you could reduce them. read more

Discounts >

Discounts and ways to reduce costs on other insurance products. read more

Demerit points >

How demerit points affect your driving licence and your greenslip read more

Youngest driver >

Youngest driver explained and how to reduce premiums. read more

Pensioner concessions >

What kinds of concessions you can claim as a pensioner. read more

Mythbusters >

Quickly separate the facts from fiction about CTP green slips. read more

Interesting statistics >

Statistics about motor vehicle accidents in the past year. read more