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Time limits most commonly missed in relation to contracts.

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Index of more limitation periods by area of law/topic

Contracts limitations

Action Time limit Legislation Extension availability
Action
Action for damages for breach of a simple contract
Time limit
Six years from the date on which the cause of action accrued.
Legislation
s.5(1)(a) Limitations of Actions Act 1958 (Vic)
Extension availability
On application the court can extend time if it is just and reasonable to do so – s. 23 Limitation of Actions Act 1958 (Vic).
Action
Action for damages for breach of a speciality contract / deed
Time limit
Fifteen years from the date on which the cause of action accrued.
Legislation
s.5(3)(a) Limitations of Actions Act 1958 (Vic)
Extension availability
On application the court can extend time if it is just and reasonable to do so – s. 23 Limitation of Actions Act 1958 (Vic).
Index of more limitation periods by area of law/topic

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