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Limitation of Actions Consultation - Law Commission

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15.57 We provisionally recommend that the long stop period under the core regime<br />

should apply to a redemption action brought by a mortgagor who is not in<br />

possession <strong>of</strong> the property, so that the limitation period for such an action would<br />

be 10 years (or, under our alternative proposal for land related actions, 12 years)<br />

running from the date on which the mortgagor ceased to be in possession. We ask<br />

consultees whether they agree. (Paragraph 13.134).<br />

15.58 We make no provisional recommendation as to whether a mortgagee should<br />

continue to be entitled to deduct from the proceeds <strong>of</strong> sale <strong>of</strong> the mortgaged<br />

property arrears <strong>of</strong> interest whose recovery is statute barred. We ask consultees<br />

whether they agree that we should make no such recommendation in this project.<br />

(Paragraph 13.135).<br />

15.59 Consultees are asked whether they agree with our provisional view that actions to<br />

recover arrears <strong>of</strong> rent should fall within our core regime (that is, there would be<br />

an initial limitation period <strong>of</strong> three years from discoverability with a long-stop <strong>of</strong> 10<br />

years from when the rent should have been paid). (Paragraph 13.136).<br />

12 ACTIONS ON A JUDGMENT<br />

15.60 Our provisional view is that actions on a judgment should be subject to the core<br />

regime. We ask consultees whether they agree and, if they do not, to say why not.<br />

(Paragraph 13.138).<br />

13 ACTIONS ON AN ARBITRATION AWARD<br />

15.61 We provisionally recommend that actions on an arbitration award should be<br />

subject to the core regime. Consultees are asked if they agree and, if they do not,<br />

to say why not. (Paragraph 13.139).<br />

14 ACTIONS ON A STATUTE<br />

15.62 We ask consultees whether they agree with our provisional recommendation that<br />

actions on a statute should be subject to our core regime. If consultees do not<br />

agree, we ask them to say why not. (Paragraph 13.141).<br />

15 ACTIONS AGAINST PUBLIC AUTHORITIES<br />

15.63 Our provisional view is that, as under the present law, no special protection in<br />

limitations law should be given to public authorities. Where the core regime<br />

would apply to any other defendant, it should therefore apply in the same way to<br />

actions against public authorities. Do consultees agree? (Paragraph 13.153).<br />

16 SHOULD THE CORE REGIME APPLY TO PROCEEDINGS UNDER SECTION<br />

459 OF THE COMPANIES ACT 1985?<br />

15.64 Our provisional view is that the core regime should apply to proceedings under<br />

section 459 <strong>of</strong> the Companies Act 1985. 5<br />

However, we would welcome<br />

consultees’ views on this in the light <strong>of</strong> the difficulties highlighted in paragraphs<br />

5 We would envisage that the approach to section 459 proceedings would apply also to<br />

analogous proceedings, such as a contributory’s petition to wind up a company on just and<br />

equitable grounds.<br />

412

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