{
  "url": "https://openlegislation.uk/draft-reporting-on-payment-practices-and-performance-regulations-2017/regulation-7",
  "json_url": "https://openlegislation.uk/draft-reporting-on-payment-practices-and-performance-regulations-2017/regulation-7.json",
  "legislation": "ukdsi/2017/9780111153598",
  "legislation_title": "The Reporting on Payment Practices and Performance Regulations 2017",
  "legislation_url": "https://openlegislation.uk/draft-reporting-on-payment-practices-and-performance-regulations-2017",
  "path": "regulation/7",
  "kind": "regulation",
  "number": "7",
  "heading": "Periods in relation to which information must be published",
  "text": "(1) Subject to paragraphs (2) and (3), a qualifying company has two reporting periods in a financial year—\n(a) the first reporting period is the six months beginning with the first day of that financial year;\n(b) the second reporting period is the remainder of that financial year.\n(2) In the event that a qualifying company’s accounting reference period is shortened in accordance with section 392 (alteration of accounting reference date) of the 2006 Act so that a financial year lasts 9 months or less, the reporting period is that financial year.\n(3) In the event that a qualifying company’s accounting reference period is extended in accordance with section 392 (alteration of accounting reference date) of the 2006 Act so that a financial year lasts more than 15 months, there are three reporting periods—\n(a) the first reporting period is the six months beginning with the first day of that financial year;\n(b) the second reporting period is the six months beginning with the day after the last day of the first reporting period;\n(c) the third reporting period is the remainder of that financial year.\n(4) In this regulation “accounting reference period” has the meaning given in section 391 of the 2006 Act.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2017/9780111153598/regulation/7",
    "retrieved_at": "2026-10-30T15:07:03.053759+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}