Limitation Act 1969 No 31
Historical version for 17 February 2003 to 14 August 2005 (accessed 25 May 2013 at 02:24)
Current version
45 Power of sale etc
A mortgagee shall not, after the date on which an action on a
cause of action to recover principal money secured by the mortgage within the
meaning of section 42 by the mortgagee against any person is barred by this
Act, exercise, as against that person or a person claiming through the person,
a power:(a) of sale lease or other disposition or realization of the mortgaged
property,
(b) to appoint a receiver, or
(c) otherwise affecting the mortgaged
property.