{
  "url": "https://openlegislation.uk/prescription-and-limitation-scotland-act-1973/schedule-2/paragraph-2",
  "json_url": "https://openlegislation.uk/prescription-and-limitation-scotland-act-1973/schedule-2/paragraph-2.json",
  "legislation": "ukpga/1973/52",
  "legislation_title": "Prescription and Limitation (Scotland) Act 1973",
  "legislation_url": "https://openlegislation.uk/prescription-and-limitation-scotland-act-1973",
  "path": "schedule/2/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "(1) This paragraph applies to any obligation to repay the whole, or any part of, a sum of money lent to, or deposited with, the debtor under a contract of loan or, as the case may be, deposit.\n(2) The appropriate date in relation to an obligation to which this paragraph applies is—\n(a) if the contract contains a stipulation which makes provision with respect to the date on or before which repayment of the sum or, as the case may be, the part thereof is to be made, the date on or before which, in terms of that stipulation, the sum or part thereof is to be repaid; and\n(b) if the contract contains no such stipulation, but a written demand for repayment of the sum, or, as the case may be, the part thereof, is made by or on behalf of the creditor to the debtor, the date when such demand is made or first made.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1973/52/schedule/2/paragraph/2",
    "retrieved_at": "2026-10-29T10:46:51.032439+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}