When is the deadline for mortgagee's action to recover interest secured by a mortgage?
The catalogue records a 6 years period from the date when the cause of action first accrues, or, if a prior mortgagee in possession later discontinues possession, the date of discontinuance. This draft page remains free only until its source, worked example and limits are reviewed.
Source link required
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In preparation
The existing catalogue does not yet have a registered adapter or source evidence for this exact question. It remains available as a public preparation page only.
Example pending review
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Calculation basis and source
- Period
- 6 years
- Trigger
- the date when the cause of action first accrues, or, if a prior mortgagee in possession later discontinues possession, the date of discontinuance
- Counting
- The encoded calculator method must be independently documented before publication.
- Rollovers and holidays
- Holiday, closure and order treatment must be independently documented before publication.
This route remains in preparation until a pinpoint official source is recorded.
- Limitation Act 1985 (ACT) s 30 (disability), s 32 (confirmation), s 33 (fraud and concealment), s 34 (mistake).
- Added on verification: omitted from the researched catalogue, which carried the 12-year principal period in s 24 but not the shorter interest period that can expire first.