Paragraph 8 Payment practices and policiesI1

United Kingdom

A statement as to whether the qualifying company’s payment practices and policies allow the qualifying company to deduct a sum from a payment under a qualifying contract, as a charge to a supplier to remain on the qualifying company’s list of suppliers or potential suppliers.

Annotations

Commencement

I1: Sch. para. 8 in force at 6.4.2017, see reg. 1(2)

Notes on Schedule 1

Textual amendments

F1: Sch. renumbered as Sch. 1 (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), 6(1)

Modifications

C1: Sch. modified (E.W.S.) (6.4.2017) by The Limited Liability Partnerships (Reporting on Payment Practices and Performance) Regulations 2017 (S.I. 2017/425), regs. 1(2), 10 (as amended (in relation to each financial year of a limited liability partnership beginning on or after 1.4.2025) by S.I. 2025/75, regs. 1(2)(5), 8(2))