Reading over transformers 450.3(B) the code wording shows "maximum rating or setting of OCP" .. For a single phase 50kva transformer 480pri- 120/240 sec...following the code for primary and secondary OCP would be 260.5 (after adding 250%) on the primary and 260.4 (after adding 125%) on secondary. Following article 240.6 next size up is 300amp circuit breaker...i recently came across two existing installations using 50kva single phase with a 150amp circuit breaker on the primary and 200amp on 1 secondary and another 250amp on the other secondary...since code says "maximum" how would you know when you can downsize or are these existing installations incorrect?