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If a debtor’s part payment meets the requirements of section 19 of the Limitation Act, 1963, from which date does the fresh limitation period run?

Question and options

If a debtor’s part payment meets the requirements of section 19 of the Limitation Act, 1963, from which date does the fresh limitation period run?

  1. The expiry date of the original limitation period

  2. The expiry date of an extended limitation period

  3. The date of a separate acknowledgment of the debt

  4. The date the part payment was made

Answer and explanation

Correct answer: D - The date the part payment was made

Section 19 starts a fresh period on the date of payment. The payment must be made before the prescribed period expires by the liable person or a duly authorised agent. For a modern payment, acknowledgment of that payment must appear in the payer’s handwriting or in a writing signed by the payer.

Practice for these exams

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