IN THE HOUSE
PRESENTATION OF BUDGET. ONE MONTH HENCE. (By Telegraph.—Special to Standard.) WELLINGTON, Sept. 26. The Finance Minister (Rt. Hon. J. G. Coates) informed the “Standard’s” correspondent to-day that he expects to present the Budget to the House one month from the present date. TRUSTEES ACT ALTERATION. An amendment to the Trustees Act, of which Mr Coates gave notice touay, as a machinery "measure designed to remedy a slight anomaly which has been created in inspect of trustee securities as the result of the emergency legislation dealing with the difficulties of the economic situation. THIRD PARTY RISKS FUND. “It is. considered that the method of settling claims is giving general satisfaction, and the available evidence supports this,” said Mr Coates (Minister of Transport) when replying to a question by Rev. C. Ca.rr. Mr Carr said that there was growing dissatisfaction with the administration of the third party risk legislation, under which very few cases were decided in favour of the third party, and lie invited the Minister to consider the desirability of tightening up the provisions of the Act. It was disclosed by Mr Coates that during the period between the coming into operation of the Act and December 31, 1932, motorists paid premiums amounting to £720,300, of which sum -ootii,ol4, or 78 per cent., had been involved in the settlement of claims and the estimated liability in respect of outstanding claims. “These figures,’ the Minister added, “show that the Act is fulfilling its objects, namely, to provide a fund whereby third parties injured through the negligence of motorists may receive compensation. PROTECTION FOR MOTORISTS. A question of considerable importance to motorists was placed on the order paper by Mr J. Linklater (Manawatu). He is asking the Minister of Justice whether, in view of the .increase throughout New Zealand in the theft of motor cars, the fact that scores of ears have been burned or badly damaged by motor thieves, and the fear that no motor vehicle is safe in the streets of any city or town, he will have the property of motorists properly protected by drastically increasing the punishment prescribed for the offence.
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Bibliographic details
Manawatu Standard, Volume LIII, Issue 257, 27 September 1933, Page 7
Word Count
356IN THE HOUSE Manawatu Standard, Volume LIII, Issue 257, 27 September 1933, Page 7
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