The prescription period applicable to a debt secured by notarial bond

dc.contributor.authorLoubser, Maxen_ZA
dc.date.accessioned2018-09-27T14:19:51Z
dc.date.available2018-09-27T14:19:51Z
dc.date.issued2016-08
dc.descriptionCITATION: Loubser, M. 2016. The prescription period applicable to a debt secured by notarial bond. Stellenbosch Law Review, 27(2):374-392.en_ZA
dc.descriptionThe original publication is available at https://journals.co.za/content/journal/jlc_slren_ZA
dc.description.abstractThere are conflicting judgments on the question whether the 30-year prescription period provided for in section 11(a)(i) of the Prescription Act 68 of 1969 (“Prescription Act”) for “any debt secured by mortgage bond” also applies to debts secured by a notarial bond. The matter turns on whether the words “mortgage bond” as used in section 11(a)(i) should be interpreted to include a “notarial bond” and concerns various rules of interpretation and important policy considerations. This article contains an analysis of the recent cases with reference to the relevant rules of interpretation and policy considerations. The following sub-sections deal with the relevant policy considerations; the rules or canons of interpretation to determine the meaning of “any debt secured by mortgage bond”, specifically grammatical or literal interpretation, context, purpose and policy of differential prescription periods, and different language texts of a statute as an aid to interpretation . The judgments are then considered critically, followed by conclusions .en_ZA
dc.description.versionPublishers versionen_ZA
dc.identifier.citationLoubser, M. 2016. The prescription period applicable to a debt secured by notarial bond. Stellenbosch Law Review, 27(2):374-392.en_ZA
dc.identifier.issn1996-2193 (online)
dc.identifier.issn1016-4359 (print)
dc.identifier.urihttp://hdl.handle.net/10019.1/104533
dc.language.isoen_ZAen_ZA
dc.publisherJuta Lawen_ZA
dc.rights.holderJuta Lawen_ZA
dc.subjectprescription act -- South Africaen_ZA
dc.subjectdebt secury -- South Africaen_ZA
dc.subjectmortgage bond -- South Africaen_ZA
dc.subjectnotarial bond -- South Africaen_ZA
dc.titleThe prescription period applicable to a debt secured by notarial bonden_ZA
dc.typeArticleen_ZA
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