Victorian Consolidated Legislation
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Limitation of Actions Act 1958 - SECT 27
Postponement of limitation periods in case of fraud or mistake
27. Postponement of limitation periods in case of fraud or mistake
Where, in the case of any action for which a period of limitation is
prescribed by this Act-
(a) the action is based upon the fraud of the defendant or his agent or of
any person through whom he claims or his agent; or
(b) the right of action is concealed by the fraud of any such person as
aforesaid; or
(c) the action is for relief from the consequences of a mistake-
the period of limitation shall not begin to run until the plaintiff has
discovered the fraud or the mistake, as the case may be, or could with
reasonable diligence have discovered it: Provided that nothing in this section
shall enable any action to be brought to recover or enforce any charge against
or set aside any transaction affecting any property which-
(i) in the case of fraud, has been purchased for valuable
consideration by a person who was not a party to the fraud and
did not at the time of the purchase know or have reason to
believe that any fraud had been committed; or
(ii) in the case of mistake, has been purchased for valuable
consideration, subsequently to the transaction in which the
mistake was made by a person who did not know or have reason to
believe that the mistake had been made.
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