United Insurance Company Limited v Commercial Union Assurance Company Limited - [1954] NZLR 617

Transport — Insurance (Third-party Risk) — Statutory Increase of Insurers' Liability from £2,000 to £5,000 — Such Provision to come into Force on July 1, 1951 — Increase applicable only to Cases where Insurers became liable under Nominations made in respect of Licensing Year commencing on July 1, 1951, or Subsequently — Transport Act, 1949, s 70 (2) — Transport Amendment Act, 1950, s 24.