# The Limitation (Northern Ireland) Order 1989, Article 39: Extinction of right of mortgagee etc. to debt secured by mortgage or charge on personal property at expiration of time limit


At the expiration of the time limit fixed by this Order for a mortgagee or chargeant to bring an action to recover a principal sum of money secured by a mortgage or charge on personal property, the right of the mortgagee or chargeant to the principal sum and interest is extinguished.

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Source: https://www.legislation.gov.uk/nisi/1989/1339/article/39 (the official version)
Page: https://openlegislation.uk/limitation-northern-ireland-order-1989/article-39
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.