Prospective

Part 3 S Dealings etc. with third parties and validity of certain transactions

28 Prescription of obligations S

(1) Subject to subsection (2), obligations due to or by a factory estate prescribe as if there had been no appointment of a judicial factor on the estate.

(2) The period during which a person is appointed as judicial factor on an estate does not form part of the prescriptive period in respect of any obligation due by that person to the estate.

Commencement Information

I1 S. 28 not in force at Royal Assent, see s. 54(2)