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;