Limitation Act 1953 s 16
s 16 Limitation of redemption actions
When a mortgagee of land has been in possession of any of the mortgaged land for a period of twelve years, no action to redeem the land of which the mortgagee has been so in possession shall thereafter be brought by the mortgagor or any person claiming through him:
Provided that where a mortgagee is by virtue of the mortgage in possession of any mortgaged land and either receives any sum in respect of the principal or interest of the mortgage debt or acknowledges in accordance with section 27 of this Act the title of the mortgagor, or his equity of redemption, an action to redeem the land in his possession may be brought at any time before the expiration of twelve years from the date of the payment or acknowledgment.
Malay text (authoritative)
Had masa tindakan penebusan
Apabila seorang pemegang gadai janji tanah yang memiliki mana-mana tanah yang digadai janji itu bagi tempoh dua belas tahun, tiada apa-apa tindakan untuk menebus tanah yang dimiliki oleh pemegang gadai janji itu boleh dibawa selepas tempoh tersebut oleh penggadai janji atau mana-mana orang yang menuntut melaluinya:
Dengan syarat bahawa jika seorang pemegang gadai janji memiliki oleh sebab gadai janji itu mana-mana tanah yang digadai janji dan sama ada menerima apa-apa jumlah wang mengenai wang pokok atau bunga bagi hutang gadai janji itu atau mengakui menurut peruntukan seksyen 27 Akta ini hakmilik penggadai janji itu, atau hak ekuitinya untuk menebus, tindakan untuk menebus tanah yang dimilikinya itu boleh dibawa pada bila-bila masa sebelum tamatnya tempoh dua belas tahun dari tarikh pembayaran atau akuan itu.
Read this section in the full act β Β· Open Part II β
Find Act 254 on lom.agc.gov.my β
Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
