Prospective
(1)Schedule 1 (obligations affected by prescriptive periods of five years under section 6) of the 1973 Act is amended as follows.
(2)In paragraph 1, after sub-paragraph (f) insert—
“(fa)to any obligation relating to the validity of a contract, not being an obligation falling within any other provision of this paragraph;
(fb)to any obligation to reimburse expenditure incurred in reliance on a representation about the existence of a contract;”.