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) sets the SIRA component of the Fund Levy. It is calculated as a percentage, currently up to 40% 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 used 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 Metropolitan |
Outer Metropolitan |
Newcastle / Central Coast |
Wollongong | Country |
| Motor car | $144 | $139 | $123 | $136 | $113 |
| Motorcycle (226-725cc) |
$115 | $76 | $78 | $78 | $68 |
| Light goods vehicle (up to 4.5 GVM) |
$250 | $173 | $148 | $177 | $111 |
Fund Levy amounts are as at 1 April 2024. They may be adjusted under the 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.