South Australian Current Acts South Australian Current Acts34—Limitation of action on specialty
All actions for rent reserved by any lease by deed and all actions of covenant
or debt upon any bond or other specialty or upon any judgment or recognisance
shall be commenced and sued within fifteen years next after the cause of
action accrued or the recovery of the judgment and not after: Provided that if
any acknowledgment has been made either by writing signed by the party liable
by virtue of the deed bond specialty judgment or recognisance or his agent or
by part payment or part satisfaction of any principal or interest being then
due thereon, any person entitled to any such action may bring an action for
the money remaining unpaid and so acknowledged to be due within fifteen years
after that acknowledgment by writing or part payment or part satisfaction.