Local vehicle owners will have more time to claim their CTP refund worth up to $120, with the NSW Government extending the deadline for claiming from September 30 to June 30 next year.
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Minister for Finance, Services and Property, Victor Dominello, said 2.2 million vehicle owners had already claimed $128 million worth of refunds, yet there was still $58 million to be claimed by 1.35 million vehicle owners.
“There are so many families and households who could benefit from these refunds, which is why we are extending the deadline,” Mr Dominello said.
“Claiming a refund is simple and easy and can be done via Service NSW either online, over the phone or in store.
“The new CTP scheme is a triple win for motorists who receive a cheaper Green Slip, a partial refund on what they paid last year and faster benefits should they be injured on the road.”
The NSW Government has reformed the compulsory third party (CTP) insurance scheme to reduce the costs of CTP Green slips for vehicle owners, and better support people injured on our roads.
If you were the registered owner of a private vehicle, excluding motorcycles, before December 2017, you may be eligible for a refund of part of your 2017 CTP Green Slip.
If you're the registered owner of a motor vehicle, excluding motorcycles, and your CTP insurance policy started from December 1 2017, you’ll automatically save on your Green Slip premium.
Things to keep in mind
- Refund amounts are calculated on a pro rata basis and subject to an administration fee. The amount you're refunded will depend on when you bought your Green Slip in the 12 months before the new scheme started on December 1 2017.
- You now have until June 30 2019 to claim your refund.
- If the vehicle is registered under a business name and you have not received a refund cheque in the post, please call 137-788.
What you'll need
- a MyServiceNSW account
- your banking details.