—(1) Subject to this Act, the following actions shall not be brought after the expiration of 6 years from the date on which the cause of action accrued:
actions founded on a contract or on tort;
actions to enforce a recognizance;
actions to enforce an award;
actions to recover any sum recoverable by virtue of any written law other than a penalty or forfeiture or sum by way of penalty or forfeiture.
(2) An action for an account shall not be brought in respect of any matter which arose more than 6 years before the commencement of the action.
(3) An action upon any judgment shall not be brought after the expiration of 12 years from the date on which the judgment became enforceable and no arrears of interest in respect of any judgment debt shall be recovered after the expiration of 6 years from the date on which the interest became due.
(4) An action to recover any penalty or forfeiture or sum by way of penalty or forfeiture recoverable by virtue of any Act or other written law shall not be brought after the expiration of one year from the date on which the cause of action accrued.
(5) For the purposes of subsection (4), “penalty” shall not include a fine to which a person is liable on conviction for a criminal offence.
(6) Nothing in this section shall apply to —
any cause of action within the admiralty jurisdiction of the High Court which is enforceable in rem other than an action to recover the wages of seamen; or
any action to recover money secured by any mortgage of or charge on land or personal property.