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Paragraph 9 Payment performanceI1

United Kingdom

In relation to the payments made under qualifying contracts within the reporting period, a statement of—

(a)

the average number of days taken to make such payments, where day 1 is the first day after the relevant day;

(b)

the percentage of those payments which were made, where day 1 is the first day after the relevant day—

(i)

within the period beginning on day 1 and ending with day 30;

(ii)

within the period beginning on day 31 and ending with day 60;

(iii)

on or after day 61.

F1(c)

the sum total of those payments which were made, where day 1 is the first day after the relevant day—

(i)

within the period beginning on day 1 and ending with day 30;

(ii)

within the period beginning on day 31 and ending with day 60;

(iii)

on or after day 61.

Annotations

Textual amendments

F1

Sch. para. 9(c) inserted (5.4.2024) by The Reporting on Payment Practices and Performance (Amendment) Regulations 2024 (S.I. 2024/444), regs. 1(2), 2(4)(a) (with reg. 1(3))

Commencement

I1

Sch. para. 9 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))