4 ms·

Surely there should be a statute of limitations on that. The idea that someone could demand money from me for a mistake they made seven months ago sounds ridicu

• gzer0 4y ago
  The statute of limitations appears to be 6 years [1]. I wonder if anyone has been unjustly enriched and then forced to pay back at the 5 year mark? Would be an interesting case. [1] https://www.tandfonline.com/doi/full/10.1080/09615768.2022.2104679 https://www.tandfonline.com/doi/full/10.1080/09615768.2022.2...
  • 3np 4y ago
    Full-text not accessible but this seems to be discussing Singapore law, not Australia?
• franga2000 4y ago
  When the mistake in question is a sum of money orders of magnitude bigger than what you make in a year, demanding it back in 7 months sounds like the only reasonable thing to do. Especially if it's very clear that you knew it was a mistake, made no honest effort to notify them, and proceeded to spend all of it as fast as you could.
• JustLetMeInMate 4y ago
  > there should be a statute of limitations on that. The idea that someone could demand money from me for a mistake they made seven months ago sounds ridiculous It's six years in the UK. This is why you should retain six years of bank statements...... and a 'bank error in your favour'? You had better wait six years before you spend the dosh. [Though to be pedantic, in law you still owe the money, just that after six years without any attempt to reclaim it, the debt becomes legally unenforceable]