Business: Billing
(asked on 22nd March 2022) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government whether, before promoting the work of large businesses, they assess compliance with the Prompt Payment Code.
Answered by
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 5th April 2022
The Prompt Payment Code is a voluntary code administered by the Office of the Small Business Commissioner on behalf of BEIS. It is not compulsory for businesses to become Code signatories.