# Council Directive of 24 June 1988 for the implementation of Article 67 of the Treaty (88/361/EEC), Division: Credits related to commercial transactions or to the provision of services

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

Contractual trade credits (advances or payments by instalment in respect of work in progress or on order and extended payment terms, whether or not involving subscription to a commercial bill) and their financing by credits provided by credit institutions. This category also includes factoring operations.

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Source: https://www.legislation.gov.uk/eudr/1988/361/annex/I/division/14/division/12 (the official version)
Page: https://openlegislation.uk/eu-directive-1988-361/annex-I/division-14/division-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.