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Prescription and Limitation (Scotland) Act 1973
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Changes over time for: Section 7
Version Superseded: 28/06/2022
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- 01/02/1991- Amendment
- 22/07/2004
Point in time - 28/06/2022- Amendment
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7 Extinction of obligations by prescriptive periods of twenty years.S
(1)If, after the date when any obligation to which this section applies has become enforceable, the obligation has subsisted for a continuous period of twenty years—
(a)without any relevant claim having been made in relation to the obligation, and
(b)without the subsistence of the obligation having been relevantly acknowledged,
then as from the expiration of that period the obligation shall be extinguished:
Provided that in its application to an obligation under a bill of exchange or a promissory note this subsection shall have effect as if paragraph (b) thereof were omitted.
(2)This section applies to an obligation of any kind (including an obligation to which section 6 of this Act applies), not being an obligation [F1to which section 22A of this Act applies or an obligation] specified in Schedule 3 to this Act as an imprescriptible obligation [F2or an obligation to make reparation in respect of personal injuries within the meaning of Part II of this Act or in respect of the death of any person as a result of such injuries.]
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F1Words inserted by Consumer Protection Act 1987 (c. 43, SIF 109:1), ss. 6, 41(2), 47(1)(2), Sch. 1 para. 8
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