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Contracts Act · s 62
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Contracts Act · s 62
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
Where neither party makes any appropriation, the payment shall be applied in discharge of the debts in order of time, whether they are or are not barred by the law in force for the time being as to the limitation of suits. If the debts are of equal standing, the payment shall be applied in discharge of each proportionally.
Contracts which need not be performed