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Limitation Act 1980 on Repayment meaning

What does Limitation Act 1980 on Repayment mean?
A practitioner’s shorthand for how statutory limitation applies to claims by a bank customer to recover money from a current account. It is not a defined statutory term. In England and Wales, the Limitation Act 1980 treats such claims as actions founded on simple contract with a six-year limitation period (s.5). For a positive balance, the bank’s debt is payable on demand, so the cause of action accrues on demand; for wrongful debits or mistaken payments, time normally runs from the debit, subject to postponement for fraud, deliberate concealment or mistake (s.32). Acknowledgment or part‑payment can restart time (s.29). Northern Ireland follows broadly the same approach under the Limitation (Northern Ireland) Order 1989 (six years; similar postponement/acknowledgment rules). In Scotland, limitation is governed by prescription: most repayment claims prescribe after five years under the Prescription and Limitation (Scotland) Act 1973, running from when loss and the relevant party are, or could reasonably be, known, with a 20‑year long‑stop. In Ireland, the Statute of Limitations 1957 provides a six‑year period for contract and restitutionary claims, with postponement for fraud or mistake. Practically, pinpointing accrual (especially the date of demand or discoverability) is critical when issuing proceedings.
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View the related Practice Notes about Limitation Act 1980 on Repayment

PRACTICE NOTES
Enforcing and Challenging Section 106 Planning Obligations: Parties and Successors, Remedies (Injunctions, Works in Default, Debt Recovery), Defences, Repayment of Unspent Contributions, and Limitation Issues (England and Wales)

Where a developer, for whatever reason, does not fulfil its duties under an agreement made or binding on it pursuant to section 106 of the Town and Country Planning Act 1990 (TCPA 1990) (a planning obligation/section 106 agreement), the relevant local planning authority (LPA) may take steps to secure performance of the obligations contained in the section 106 agreement and to ensure compliance with its terms and requirements. On recognising that it cannot meet an obligation in a section 106 agreement, the developer should promptly engage with the LPA and seek to discharge or vary the obligation. For instance, it could propose a reduced or otherwise amended contribution, or negotiate a later trigger date for payment, delivery or compliance. See Practice Note: Renegotiating planning obligations/section 106 agreements. If that is not achievable, and the developer fails to comply with an obligation in a section 106 agreement, the LPA has discretion in deciding whether, and how, to enforce a planning obligation. The courts show a general readiness to enforce section 106...

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PRACTICE NOTES
2017 UK and EU appellate dispute resolution: practitioner case tracker of key Supreme Court, Court of Appeal and CJEU decisions across jurisdiction, service, limitation, remedies, costs, enforcement and insolvency

ARCHIVED : This Practice Note has been archived and is not maintained. Keeping pace with case law that shapes a practice area is a constant challenge for practitioners. This Practice Note distils the principal appeal decisions (Court of Appeal and Supreme Court, and, where appropriate, the Court of Justice of the European Union (CJEU)) that we have reported, providing users with straightforward access to those rulings. The tracker is browsable, and cases are grouped under the following headings: Key DR developments, Applicable law, Jurisdiction, Service, Limitation, Claims and remedies, Injunctions and other relief orders, Pre-action, Litigation, Case management, Applications specific, Evidence and disclosure, Settlement, ADR, Appeals and Judicial Review, Costs and funding, Enforcement, Insolvency Alternatively, search the tracker using [CTL]+[F]. This resource is not intended to be a complete catalogue of all appeals. Key DR developments Brexit—Supreme Court—Article 50 litigation―UK Supreme Court rules on the limits of the prerogative and devolved powers In its highly anticipated judgment in R (on...

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