Paragraph 7 Information on retention clausesF1
Where the qualifying company makes a statement that—
paragraph 6(a) applies, a statement specifying the contract sum;
paragraph 6(b) applies, a statement specifying the standard percentage;
paragraph 6(c) applies, a description of that practice.
Annotations
Textual amendments
- F1
Sch. 2 inserted (in relation to each financial year of a company beginning on or after 1.4.2025) by The Reporting on Payment Practices and Performance (Amendment) Regulations 2025 (S.I. 2025/75), regs. 1(2)(4), 7
Notes on Schedule 2
Modifications
- C1
Sch. 2 modified (in relation to each financial year of a limited liability partnership beginning on or after 1.4.2025) by The Limited Liability Partnerships (Reporting on Payment Practices and Performance) Regulations 2017 (S.I. 2017/425), reg. 10A (as inserted by S.I. 2025/75, regs. 1(2)(5), 8(3))