This Act may be cited as the Limitation Amendment Act 1962, and shall be read together with and deemed part of the Limitation Act 1950 (hereinafter referred to as the principal Act).

(1) [Repealed]

(2) In respect of any cause of action in respect of which an action or arbitration has been commenced before the passing of this Act, the said proviso shall apply as if this section had not been passed.

(3) In respect of any other cause of action which accrued before the passing of this Act, the said proviso shall apply as if this section had come into force before that cause of action accrued.

(1) Section 23 of the principal Act is hereby repealed.

(2) In respect of any cause of action which accrued more than one year before the passing of this Act, and any other cause of action in respect of which an action or arbitration has been commenced before the passing of this Act, the provisions of the principal Act shall apply as if the said section 23 continued in force.

(3) In respect of any other cause of action which accrued before the passing of this Act, the provisions of the principal Act shall apply as if the said section 23 had been repealed before that cause of action accrued.