The Limitation Act 1980 (c. 58) is a British Act of Parliament. It is a statute of limitations which provides timescales within which action may be taken (by issuing a claim form) for breaches of the law. For example it provides that breaches of an ordinary contract are actionable for six years after the event whereas breaches of a deed are actionable for twelve years after the event. In most cases, after the expiry of the time periods specified in the Act the remedies available for breaches are extinguished and no action may be taken in the courts in respect of those breaches.
Read more about Limitation Act 1980: Summary of Time Limits
Famous quotes containing the words limitation and/or act:
“The French are certainly misunderstood:Mbut whether the fault is theirs, in not sufficiently explaining themselves; or speaking with that exact limitation and precision which one would expect ... or whether the fault may not be altogether on our side ... I shall not decide.”
—Laurence Sterne (1713–1768)
“Don’t be so ready to defy everybody. Act as if you expected to have your own way, not as if you expected to be ordered about. The way to get on as a lady is the same as the way to get on as a servant: you’ve got to know your place.”
—George Bernard Shaw (1856–1950)