New Zealand Acts

MARITIME TRANSPORT ACT 1994 - SECT 220

220 Actions for indemnity

Any person who—

a) is liable to pay a payment in respect of a salvage operation; and

b) is indemnified against that liability—

shall take action to enforce that indemnity within 2 years of the liability arising and, in the event of failure to do so, that right of enforcement shall no longer be available to that person.