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Litigation Update: Cyprus Limitation of Actions Law – Further extension of Law

Posted on: 10 December 2011 Posted in: Litigation, News

The Cyprus Limitation of Actions Law,  Cap 15, sets out the time limits within which claims must be brought before a court.

The Law was suspended following inter-communal disturbances in 1964 and has remained suspended ever since. Law 159(I)/2011, which was enacted on the 09.12.2011, now provides that the suspension of limitation will cease on the 30.06.2012.

Law 110(I)/2002 was passed, which provided that the Limitations Law would re-enter into force with effect from 1 June 2005. However, Law 110(I) itself was suspended, initially until 31 March 2010, later until 30 November 2010 and then until the 31 March 2011.  Subsequently Law 41(I)/2011, further extended period until the 31 December 2011.

Limitation Law, Cap 15 as amended by Law 108(I)/2002, Law 60(I)/2007, Law 28(I)/2008, Law 34(I)/2008, Law 16(I)/2009, Law 20(I)/2010, Law 111(I)/2010, Law 41(I)/2011 and Law 159(I)/2011.

Pekris & Theodorou LLC is a Cyprus law firm with Cyprus lawyers and other legal experts on legal matters involving Cyprus law, EU law and international law. The above should be used as a source of general information only. It is not intended to give a definitive statement of the law and is subject to the disclaimer.