20.—(1) A District Court shall have jurisdiction to hear and try any action founded on contract or tort where —
(a)
the debt, demand or damage claimed does not exceed the District Court limit, whether on balance of account or otherwise; or
(b)
there is no claim for money, and the remedy or relief sought in the action is in respect of a subject-matter the value of which does not exceed the District Court limit.
[15/93]
(2) A District Court shall have jurisdiction to hear and try any action where the debt or demand claimed consists of a balance not exceeding the District Court limit after a set-off of any debt or demand claimed or recoverable by the defendant from the plaintiff, being a set-off admitted by the plaintiff in the particulars of his claim or demand.