COMMERCIAL LAW

Insurance

The New Zealand law relating to most types of insurance is identical with that of England. Insurance is compulsory under the Workers' Compensation Act in respect both of claims arising out of that Act and of employers' common law liability for negligence. The Transport Act of 1962 provides for compulsory third party liability insurance by owners of motor vehicles. New Zealand pioneered this legislation in 1928, but today the scope of compulsory motor accident insurance is narrower than that in many other countries.

• COMMERCIAL LAW

• Bankruptcy

• Business Names

• Chattels Transfer

• Hire Purchase

• Insurance

• Liens

• Sale of Goods

• Unit Trusts

Warning

This information was published in 1966 in An Encyclopaedia of New Zealand, edited by A. H. McLintock. It has not been corrected and will not be updated.

Up-to-date information can be found elsewhere in Te Ara.