Part I Prescription
Negative Prescription
C2C3C410C1†Relevant acknowledgment for purposes of sections 6 and 7.
1
The subsistence of an obligation shall be regarded for the purposes of sections 6 F17 and 8A of this Act as having been relevantly acknowledged if, and only if, either of the following conditions is satisfied, namely—
a
that there has been such performance by or on behalf of the debtor towards implement of the obligation as clearly indicates that the obligation still subsists;
b
that there has been made by or on behalf of the debtor to the creditor or his agent an unequivocal written admission clearly acknowledging that the obligation still subsists.
2
Subject to subsection (3) below, where two or more persons are bound jointly by an obligation so that each is liable for the whole, and the subsistence of the obligation has been relevantly acknowledged by or on behalf of one of those persons then—
a
if the acknowledgment is made in the manner specified in paragraph (a) of the foregoing subsection it shall have effect for the purposes of the said sections 6 F17 and 8A as respects the liability of each of those persons, and
b
if it is made in the manner specified in paragraph (b) of that subsection it shall have effect for those purposes only as respects the liability of the person who makes it.
3
Where the subsistence of an obligation affecting a trust estate has been relevantly acknowledged by or on behalf of one of two or more co-trustees in the manner specified in paragraph (a) or (b) of subsection (1) of this section, the acknowledgment shall have effect for the purposes of the said sections 6 F17 and 8A as respects the liability of the trust estate and any liability of each of the trustees.
4
In this section references to performance in relation to an obligation include, where the nature of the obligation so requires, references to refraining from doing something and to permitting or suffering something to be done or maintained.