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s 60

Suing on separate security a separate cause of action

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60 Suing on separate security a separate cause of action

Where a defendant has given 2 or more bills of exchange, promissory notes, bonds or other securities, for a debt or sum originally exceeding the jurisdictional limit, the plaintiff may sue separately upon each of those securities not exceeding the jurisdictional limit, as forming a separate cause of action.

[Section 60 amended: No. 40 of 1972 s. 12; No. 69 of 1976 s. 7; No. 118 of 1981 s. 11; No. 122 of 1984 s. 10; No. 53 of 1992 s. 11(3); No. 59 of 2004 s. 82(4).]

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