n Without Prejudice - The case : financial law

Volume 15, Issue 11
  • ISSN : 1681-178X



Extrinsic Prescription is a trite principle in our law and is codified in the Prescription Act (68 of 1969). In terms of the Act, different periods of extinctive prescription are applicable to different categories of debt. Whilst one cannot argue that extrinsic prescription is applicable in our law, to what extent can one argue that a certain type of debt does or does not fit into a particular category?

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