THE NSW GOVERNMENT is looking to institute new laws that would see motorists fined up to $5500 for lying about the identity of drivers caught speeding or running a red light.
Companies would face fines twice as high - up to $11,000 - for failing to identify drivers caught speeding in its vehicles.
"This is a substantial increase and it reflects the seriousness of making a false declaration," David Borger, Minister Assisting the Minister for Transport said.
"It is hoped these new measures will ensure more individuals and corporations do the right thing."
The new laws would give police more time to investigate motorists for making false declarations.
Processes accompanying the new laws will make it easier for businesses to report drivers speeding in company vehicles.
The push for the tough new laws comes after former Federal Court judge Marcus Einfeld was jailed for two years after telling police a friend - who was in fact dead - was the driver of his car when it was caught speeding in Sydney in 2006.
Einfeld was up for a $75 fine and a loss of three demerit points.
Mr Borger said that the proposed laws are before parliament and could be in place sometime next year.