A specialty debt is:

a debt made by deed, or

a deed which records or creates obligations, or

a debt incurred by way of statute, or

a certain type of debt that is given the nature of a specialty debt by statute

The debt may be secured or unsecured. At present the law by which the situs of such debts is determined is largely set out in a number of Privy Council decisions from 1891 onwards.

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