# The Reporting on Payment Practices and Performance Regulations 2017, Paragraph 14: Interpretation


For the purposes of this Schedule—
(a) a payment falls due on the last day of the payment period;
(b) a payment is made—
(i) when it is received by the supplier;
(ii) if there is any delay in the sum being received for which the qualifying company is not responsible, when it would have been received without that delay.

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Source: https://www.legislation.gov.uk/ukdsi/2017/9780111153598/schedule/paragraph/14 (the official version)
Page: https://openlegislation.uk/draft-reporting-on-payment-practices-and-performance-regulations-2017/schedule/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.