When is the deadline for actions founded on simple contract?
The catalogue records a 72 months period from Date on which the cause of action accrued. This draft page remains free only until its source, worked example and limits are reviewed.
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In preparation
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Example pending review
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Calculation basis and source
- Period
- 72 months
- Trigger
- Date on which the cause 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.
- Same period as England (Limitation Act 1980 s.5), but the Bermuda text is section 7 of the Limitation Act 1984 and must be cited as such. Section 8 disapplies section 7 for certain contracts of loan with no fixed repayment date, in which case time runs from a written demand for repayment (s.8(3)). The Act came into force on 1 December 1987 (see the transitional saving in s.40).