different statute s. 3(2) Court proceeding to enforce or sue on a judgment for payment of money or return of personal property is 10 years (s. 7) Ultimate 30 year ultimate 15 years for all civil Limitation limitation period claims, Period based on accrual commencement based model. on or omission” “act model rather than of debt “accrual” would only Can be restart basic, postponed not effect and reset ultimate or adult disability, (part payment of debt or written of liability) and wilful (for of judgement it is the award, not the underlying claim) Contracting The act is silent on No change, still Out whether parties can uncertain and contract out or common-law governs. change statutory Hayley: limitation period… the you can common-law is also probably uncertain extend,
different statute s. 3(2) Court proceeding to enforce or sue on a judgment for payment of money or return of personal property is 10 years (s. 7) Ultimate Limitation Period 30 year ultimate limitation period based on accrual model. of debt would only restart basic, not effect ultimate 15 years for all civil claims, commencement based on “act or omission” model rather than “accrual” Can be postponed and reset or adult disability, (part payment of debt or written of liability) and wilful (for of judgement it is the award, not the underlying claim) Contracting Out The act is silent on whether parties can contract out or change statutory limitation period… the common-law is also uncertain No change, still uncertain and common-law governs. Hayley: you can probably extend,
115-Thomson-_Law_307-Final.docx