2471th Sec 0495
From Thai Codification Codes of 1925
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มาตรา 495
- ถ้าในสัญญามีกำหนดเวลาไถ่เกินไปกว่านั้น ท่านให้ลดลงมาเป็นสิบปีและสามปีตามประเภททรัพย์
Section 495. (Draft in English from Vol.93)
- If a longer period is provided in the contract, it shall be reduced to ten years and three years respectively.
《Genealogies》
《References》
☆ quoted from “INDEX” (→Original Table in Vol.54) with supplementary entries in […]
- Fr. Code (1804): * [1660(II)], 1661 [??]
- Gr. Code (1896):
- Swiss Code (1911):
- Jp. Code (1896): [580(I) Sent.2], 581 [??]
- English Law:
- Miscellaneous: It.1517; Mortgage Act 118 S.6
《Comments》
The most plausible model for this section would be:
- French Civil Code (1804), Art.1660;
- [I] The power of repurchase cannot be stipulated for, for a term exceeding five years.
- [II] If it have been stipulated for, for a longer term, it is reduced to such term.
Another relevant source is as follows:
- Japanese Civil Code (1896, 98), Art. 580;
- [I] The period of time for re-purchase cannot exceed ten years. If a longer period of time is fixed, it is to be reduced to ten years.
- [II] If a period of time for re-purchase is once fixed, it cannot be afterwards prolonged.
- [III] When there is no fixed period of time for re-purchase it must be effected within five years.
