After section 8 of the Prescription and Limitation (Scotland) Act 1973 (in this Act referred to as ”the principal Act”) there shall be inserted the following section—
(1)If any obligation to make a contribution by virtue of section 3(2) of the Law Reform (Miscellaneous Provisions) (Scotland) Act 1940 in respect of any damages or expenses has subsisted for a continuous period of 2 years after the date on which the right to recover the contribution became enforceable by the creditor in the obligation—
(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.
(2)Subsections (4) and (5) of section 6 of this Act shall apply for the purposes of this section as they apply for the purposes of that section.”.