EU Late Payments Directive - the UK rules on payment terms
02 May 2013Client Note
The implementation date for the new EU Late Payments Directive passed on 16 March 2013. This applies to all contracts which involve the provision of goods or services to any business or public authority.
This note focuses on the more specific points of the UK implementation (which also takes into account further changes to the UK approach that will take effect on 14 May 2013).