Housing Development Agency Act, 2008
R 385
Prescription Act, 1969 (Act No. 68 of 1969)Chapter III : Prescription of Debts14. Interruption of prescription by acknowledgement of liability |
| (1) | The running of prescription shall be interrupted by an express or tacit acknowledgement of liability by the debtor. |
| (2) | If the running of prescription is interrupted as contemplated in subsection (1), prescription shall commence to run afresh from the day on which the interruption takes place or, if at the time of the interruption or at any time thereafter the parties postpone the due date of the debt, from the date upon which the debt again becomes due. |
