Commercial Payments Bill [HL]
First Reading
15:18
A Bill to make provision about payment terms in commercial contracts; to make provision about interest on late payment of commercial debts; to ban retention clauses in the construction sector; to expand the powers of the Small Business Commissioner in relation to payment disputes and poor payment practices; to amend the Enterprise Act 2016 in connection with other functions of the Small Business Commissioner; and for connected purposes.
The Bill was introduced by Lord Leong, read a first time and ordered to be printed.