# Council Directive of 1 February 1971 on harmonisation of the basic provisions in respect of guarantees for short-term transactions (political risks) with public buyers or with private buyers (71/86/EEC), Article 1: Definition of the credit risk

Extent: E+W+S+N.I.

The definition to be included in policies must not provide for a qualifying period for claims shorter than six months.

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Source: https://www.legislation.gov.uk/eudr/1971/86/annex/article/1 (the official version)
Page: https://openlegislation.uk/eu-directive-1971-86/annex/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.