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United Kingdom · Bill · Private Members' Bill (Starting in the House of Lords)

Bill 2568

Small Business Commissioner and Late Payments etc Bill [HL]

openUnited Kingdom· UK Parliament· EN

Introduced

21 January 2020

Last action

Status

2nd reading

Sponsors

Subjects

Discovery layer

Source updated

5 May 2021

Summary

A Bill to make provision to amend the statutory limits for payment of invoices; make provision for a statutory time limit for resolving payment disputes; amend interest for late payments and penalties for persistent late payments and non-compliance; prohibit specified payment practices, on-boarding and pay-to-stay; require payments becoming due under public sector construction projects to be held in project bank accounts; amend the remit, role and powers of the Small Business Commissioner in regard to late payments; provide for a duty on auditors to publish late payment data; and for connected purposes

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Documents

4 official files

HL Bill 44 Explanatory Notes

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