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(1) Evidence of a hearsay statement contained in a deed of conveyance or a will or other writing purporting to affect an interest in movable or immovable property is not made inadmissible by section 117 if-

(a) the matter stated was relevant to the purpose of the writing;

(b) the matter stated would be relevant to an issue as to an interest in the property; and

(c) the dealings with the property since the statement was made have not been inconsistent with the truth of the statement.

(2) Evidence of a hearsay statement is not made inadmissible by section 117 if the statement is contained in a writing more than 20 years old and the statement has since been acted upon as true by persons having an interest in the matter.