# The Branded Health Service Medicines (Costs) Regulations 2018, Paragraph 1: Payment scheme requirements


Any payments required to be made by regulation 3(1) or by a direction given under regulation 4(2)(b) by a manufacturer or supplier to whom this Schedule applies must—
(a) be paid in accordance with table 1 so that they are made in respect of the period specified in column (1) within the period specified in column (2);
(b) be paid by electronic transfer no later than the last day of the period within which payment must be made; and
(c) be calculated, where relevant, in accordance with the rules in paragraphs 3 to 9.
Table 1
Column (1)Period to cover
Column (2)Period within which payment must be made
Each quarter
Within 30 days of the last day of that quarter
Each remaining period
Within 30 days of the last day of that remaining period

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Source: https://www.legislation.gov.uk/uksi/2018/345/schedule/1/paragraph/1 (the official version)
Page: https://openlegislation.uk/branded-health-service-medicines-costs-regulations-2018/schedule-1/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.