When is the deadline for limitation: action by a beneficiary to recover trust property or in respect of breach of trust?
The catalogue records a 6 years period from The date on which the right of action accrued. This draft page remains free only until its source, worked example and limits are reviewed.
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
A separately reviewed fixture is required before this question can become indexable. The page does not present an unreviewed output as an example.
Calculation basis and source
- Period
- 6 years
- Trigger
- The date on which the right of action accrued
- 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.
- No period applies at all to an action in respect of fraud or fraudulent breach of trust to which the trustee was party or privy, or to recover trust property or its proceeds in the trustee's possession or converted to the trustee's use (s 21(1)).
- The right of action is not deemed to have accrued to a beneficiary entitled to a future interest until the interest falls into possession (proviso to s 21(2)).