Bill · started in the Lords
Small Business Commissioner and Late Payments etc Bill [HL]
A Bill to make provision to amend the statutory limits for payment of invoices; make provision for a statutory time limit for resolving payment disputes; amend interest for late payments and penalties for persistent late payments and non-compliance; prohibit specified payment practices, on-boarding and pay-to-stay; require payments becoming due under public sector construction projects to be held in project bank accounts; amend the remit, role and powers of the Small Business Commissioner in regard to late payments; provide for a duty on auditors to publish late payment data; and for connected purposes
The story so farThe Small Business Commissioner and Late Payments etc Bill was introduced in the House of Lords on 21 January 2020 by Lord Mendelsohn (Labour). It is now at second reading in the House of Lords. Second reading is the first debate on the overall principle of the bill; if the bill clears it, detailed committee scrutiny follows.
Progress through Parliament
- 1st reading Lords 21 Jan 2020
- 2nd reading Lords Current
Source: the official bill page. Last updated 5 May 2021.