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AmendmentAct

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5/2/2012<br />

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Amendment of section 2<br />

3. Section 2 of the principal Act is amended by-<br />

(a)<br />

inserting the following new defInitions in their proper alphabetical order-<br />

"benefIt or benefIts" means a benefIt or benefIts available or payable to a claiman~<br />

from the SMVA Fund under and in accordance with this Act;<br />

"Board" means the Board of Directors of the Sincephetelo Motor Vehicle<br />

Accidents Fund established under section 8;<br />

"claimant" means any person who has suffered loss as a result of personal injury<br />

or death caused by a motor vehicle accident, and who makes a claim in<br />

accordance with this Act, to the SMVA Fund in respect of that loss;<br />

"Common Monetary Area" means the regional currency area as defIned in terms<br />

of the Multilateral Monetary Agreement concluded in February 1992 between<br />

Lesotho, Namibia, South Africa and Swaziland;<br />

"defect", in relation to a vehicle, means any remediable fault in the tyre or in the<br />

steering, braking or seat belt mechanism or any part thereof, and "defective" shall<br />

have a corresponding meaning;<br />

"fmancial year" means the period of twelve months ending on the thirty fIrst of<br />

March in any year or such other period as may be prescribed;<br />

"health practitioner'; means a medical practitioner and an allied or health<br />

professional and any other person concerned with the restoration<br />

of the physical<br />

4

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