- The act compensates individuals who can prove that they have damages wrongfully caused by a driver. The overall considerations for appealing for money from the fund are broad, but the claim must include all known details from the accident and an assessment of the damages caused.
- The act calls for the creation of a board to oversee the management of the fund. The board must consist of a Director-General and between eight and 12 members, as appointed by the Minister of Transport.
- The act originally became law on November 1, 1996. It is included as an amendment to the Financial Supervision of the Multilateral Motor Vehicle Accidents Fund Act of 1993.
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