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has gloss | eng: The Limitation Act 1980 (c. 58) is a British Act of Parliament. It is a statute of limitations which provides timescales inside which action may be taken (by issuing a claim form) for breaches of the law. For example it provides that breaches of an ordinary contract are actionable for six years after the event whereas breaches of a deed are actionable for twelve years after the event . In most cases, after the expiry of the time periods specified in the Act the remedies available for breaches are extinguished and no action may be taken in the courts in respect of those breaches. |
lexicalization | eng: Limitation Act 1980 |
instance of | (noun) a statute prescribing the time period during which legal action can be taken statute of limitations |
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