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2.—(1) In subsection (1) of section 21 of the 1965 Act (compensation in respect of carriage), for the words “equivalent to £2,100,000 sterling” there shall be substituted the words “which is the equivalent in sterling (on the day, or first day, of that occurrence) of 5 million special drawing rights”.
(2) After that subsection there shall be inserted—
“(1A) The Governor may with the approval of the Secretary of State by order increase or further increase the sum expressed in special drawing rights in subsection (1) of this section; but an order under this subsection shall not have effect in respect of any occurrence before (or beginning before) the order comes into force.”
(3) After subsection (4) of that section there shall be inserted—
“(4A) Subsection (3) of this section shall not apply where the carriage in question is wholly within the territorial limits of Montserrat.”
(4) This section shall not have effect in respect of any occurrence before (or beginning before) the commencement of this section.
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