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Limitation Act 1980: Difference between revisions
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===[[Set-off]], Geoffrey Boycott’s grandmother and ''Der fliegende Holländer''=== | ===[[Set-off]], Geoffrey Boycott’s grandmother and ''Der fliegende Holländer''=== | ||
Curious coda: The [[Limitation Act]]’s limitation period may | Curious coda: The [[Limitation Act]]’s limitation period may deprive you of your right to take ''legal action'' to recover a [[debt]], but doesn’t ''extinguish'' the debt itself. The limitation is on the ''remedy'' not the ''asset''. | ||
:''An action founded on [[simple contract]] shall not be brought after the expiration of six years from the date on which the [[cause of action]] accrued.'' | :''An action founded on [[simple contract]] shall not be brought after the expiration of six years from the date on which the [[cause of action]] accrued.'' | ||