The Late Payment of Commercial Debts (No.2) Regulations 2013

• Citation: S.I. 2013/908
• Sections: 2

Section 1 Citation, commencement, extent and application

(1) These Regulations may be cited as the Late Payment of Commercial Debts (No.2) Regulations 2013 and shall come into force on 14th May 2013.

(2) These Regulations extend to England and Wales and Northern Ireland .

(3) These Regulations do not affect contracts made before the day on which these Regulations come into force.

Section 2 Amendment of the Late Payment of Commercial Debts (Interest) Act 1998

In section 4(5B) of the Late Payment of Commercial Debts (Interest) Act 1998 (period for which statutory interest runs: determination of relevant day for case involving acceptance or verification procedure), omit “which is 30 days”.