Cozen O'Connor (JD Supra South Africa)

A. LIMITATION PERIODS IN GENERAL Under the Prescription Act No.68 of 1969, the limitation periods are the same for contract, tort and land disputes. Money claims must be brought within three years from the date on which the debt became due or the cause of action arose. The time period is interrupted by the valid issue and service of a summons or other court process. B. FUNDING ACTIONS IN...