30 years. Thirty years while the bond secures the debt.
| Prescribes on | Tue 17 Oct 2056 |
| Last safe day to serve | Mon 16 Oct 2056 |
This week's cliff: a debt of this kind that became due between 12 Oct 1996 and 16 Oct 1996 prescribes this week.
A working aid computed from the Act, not legal advice. Interruption, delay and a minor creditor change the date; the prescription calculator handles the minor case. Firms on AttorneyOS have every file's prescription date watched.
30 years from the day the debt became due, under Prescription Act s 11(a)(i). Thirty years while the bond secures the debt.
The day before the period ends. A debt that became due today prescribes on 17 October 2056; the last safe day is 16 October 2056.
Service of process claiming the debt, or an acknowledgement of liability by the debtor (Prescription Act ss 14 and 15). Running is also delayed while the creditor is a minor or under another impediment in s 13.
More: the rules library · this week in practice.