15 years. Fifteen years for money advanced by the State or land sold or leased by the State.
| Prescribes on | Thu 17 Oct 2041 |
| Last safe day to serve | Wed 16 Oct 2041 |
This week's cliff: a debt of this kind that became due between 12 Oct 2011 and 16 Oct 2011 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.
15 years from the day the debt became due, under Prescription Act s 11(b). Fifteen years for money advanced by the State or land sold or leased by the State.
The day before the period ends. A debt that became due today prescribes on 17 October 2041; the last safe day is 16 October 2041.
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.