Late Payment of Commercial Debts (Interest) Act

Late Payment of Commercial Debts (Interest) Act - 1998 - Contract Journal 396(6201) 11 November 1998, 8 Building Trade and Industry 14(11) November 1998, 2(2) .

From November 1998, certain enterprises will be legally entitled to claim interest if another company is late in paying its bills. However, it is not yet clear when the new legislation will apply to the construction industry.


CONSTRUCTION INDUSTRY
GOVERNMENT
LATE PAYMENT OF COMMERCIAL DEBTS (INTEREST) ACT
LEGISLATION