5-year negative prescription
2Obligations related to contract
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;