PART 5WINDING UP BY THE COURT

CHAPTER 10MISCELLANEOUS

Limitation

Limitation of actions5

1

The following bar the effect of any enactment or rule of law relating to the limitation of actions:—

a

the presentation of a petition for winding up;

b

the submission of a claim under rule 7.16.

2

Reference to any of a creditor's acts mentioned in sub-paragraphs (a) and (b) of paragraph (1) barring the effect of any enactment or rule of law relating to the limitation of actions is to be construed as a reference to that act having the same effect, for the purposes of that enactment or rule of law, as an effective acknowledgement of the creditor's claim.

3

Reference in paragraph (1) or (2) to an enactment does not include a reference to an enactment which implements or gives effect to any international agreement or obligation.