Approval
- Include name of approving director in payment practices report
UK Statutory Instrument
2017
United Kingdom
The Reporting on Payment Practices and Performance Regulations 2017
At a glance
What's here
3 compliance obligations
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Schedules
Browse 12 other Schedules — structural / supplementary
Introduction
(1) A statement, expressed as a percentage calculated in accordance...
(1) A statement, expressed as a percentage calculated in accordance...
Interpretation
Information on retention clauses
Where a qualifying company makes a statement that paragraph 2(b)...
A statement as to which of the following apply—
Where the qualifying company makes a statement that paragraph 4(c)...
A statement as to whether there is—
Where the qualifying company makes a statement that—
A description of the mechanism or process for the release...
The description referred to in paragraph 8 must include information...
Duty to publish information on payment practices, policies and performance
- Publish report on payment practices and performance each reporting period
Approval of the information
- Director must approve payment reports before publication
Browse 29 other sections — procedural / definitional / commencement
Payment performance
Approval
Dispute resolution
Citation and commencement
For the purposes of regulation 3(1)(a), the information in relation...
Interpretation
Information on payment terms
A description of the maximum payment period specified in a...
Dispute resolution
Companies to which the duty applies
Payment practices and policies
Contracts to which the information relates
Construction contracts to which the information in Schedule 2 relates
A statement as to whether the qualifying company’s payment practices...
Periods in relation to which information must be published
A statement as to whether the qualifying company is a...
Failure to publish a report
A statement as to whether the qualifying company’s payment practices...
False statement offence
Payment performance
Summary proceedings: time limit for proceedings
In relation to the payments under qualifying contracts that fall...
In relation to the payments under qualifying contracts that fall...
In relation to the payments under qualifying contracts that fall...
Review
A statement as to whether the qualifying company has during...
Approval
Interpretation
For the purposes of this Schedule— (a) a payment falls...
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