National Mutual Life Association of Australasia Limited v Attorney General - [1954] NZLR 754

Currency — Money of Account — New Zealand Government Inscribed Stock and Debentures issued in 1925, 1926, and 1927 — Interest payable and Principal repayable in Melbourne "free of exchange" — "Domicil" in New Zealand — Subsequent Devaluation of both Australian and New Zealand Currencies — Restoration of New Zealand Currency to Parity with English Currency — Consequent Divergence between Currencies of Australia and New Zealand — Obligations under Stock and Debentures measurable in Money of Account of Place of Payment — State Advances Act, 1913, s 18 — Finance Act, 1923, s 3 — Finance Act, 1924, s 3 — New Zealand Loans Act, 1908, s 5 — (New Zealand Loans Act, 1953, s 3) — Judicature Amendment Act, 1952, s 3.