Late Payment of Commercial Debts (Interest) Act 1998
Late Payment of Commercial Debts (Interest) Act 1998 (1998 c. 20)
- Late Payment of Commercial Debts (Interest) Act 1998 (1998 c. 20)
- Part I Statutory Interest on Qualifying Debts
- 1 Statutory interest.
- 2 Contracts to which Act applies.
- 2A Application of the Act to Advocates
- 3 Qualifying debts.
- 4 Period for which statutory interest runs.
- 5 Remission of statutory interest.
- 5A Compensation arising out of late payment
- 6 Rate of statutory interest.
- Part II Contract terms relating to late payment of qualifying debts
- 7 Purpose of Part II.
- 8 Circumstances where statutory interest may be ousted or varied.
- 9 Meaning of “substantial remedy”.
- 10 Interpretation of Part II.
- Part III General and Supplementary
- 11 Treatment of advance payments of the contract price.
- 12 Conflict of laws.
- 13 Assignments, etc.
- 14 Contract terms relating to the date for payment of the contract price.
- 15 Orders and regulations.
- 16 Interpretation.
- 17 Short title, commencement and extent.
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