{
  "url": "https://openlegislation.uk/late-payment-of-commercial-debts-regulations-2002/regulation-3",
  "json_url": "https://openlegislation.uk/late-payment-of-commercial-debts-regulations-2002/regulation-3.json",
  "legislation": "uksi/2002/1674",
  "legislation_title": "The Late Payment of Commercial Debts Regulations 2002",
  "legislation_url": "https://openlegislation.uk/late-payment-of-commercial-debts-regulations-2002",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Proceedings restraining grossly unfair terms or practices",
  "text": "(1) In this regulation, “representative body” means an organisation established to represent the collective interests of any enterprise, either in general or in a particular sector or area.\n(2) Paragraph (3) applies where a person acting in the course of a business enters (or intends to enter) as purchaser into a contract to which the Late Payment of Commercial Debts (Interest) Act 1998 applies.\n(3) On the application of a representative body, the High Court may grant an injunction on such terms as it thinks fit restraining the person from relying on a term in the contract, or engaging in a practice in relation to the contract, where that term or practice relates to—\n(a) the date or period for payment of a debt;\n(b) the right to interest for late payment of a debt; or\n(c) compensation arising out of late payment of a debt;\nand in all the circumstances of the case that term or practice appears to the High Court to be grossly unfair.",
  "extent": "E+W+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 3 substituted (26.2.2018) by The Late Payment of Commercial Debts (Amendment) Regulations 2018 (S.I. 2018/117), regs. 1(1), 3 (with reg. 5)"
    },
    {
      "type": "M",
      "label": "M1",
      "text": "S.I. 1998/2482."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2002/1674/regulation/3",
    "retrieved_at": "2026-10-29T06:53:57.598294+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."
}