Equity XXIV
12)
Delay defeats equity. The Limitation Act 1980 lays down a limitation period
after which the applicant or the litigant may not be successful. For example,
Section 22 and 23 of the Act read as follows: -
Section
22 Time limit for actions claiming personal estate of a deceased person.
Subject
to section 21(1) and (2) of this Act—
(a)
no action in respect of any claim to the personal estate of a deceased person
or to any share or interest in any such estate (whether under a will or on
intestacy) shall be brought after the expiration of twelve years from the date
on which the right to receive the share or interest accrued; and
(b)
no action to recover arrears of interest in respect of any legacy, or damages
in respect of such arrears, shall be brought after the expiration of six years
from the date on which the interest became due.
Actions
for an account
Section
23 Time limit in respect of actions for an account.
An
action for an account shall not be brought after the expiration of any time
limit under this Act which is applicable to the claim which is the basis of the
duty to account.
Copyright
© 2019 by Dyarne Jessica Ward
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