Late payment: challenging 'grossly unfair' terms and practices - discussion paper
Detail of outcome
We will continue to engage with stakeholders to refine how this policy could be best implemented. We intend to publish and consult on draft regulations and a corresponding consultation stage impact assessment later this year.
Feedback received
Detail of feedback received
We received 39 written responses from:
- public (1)
- small businesses (4)
- large businesses (7)
- organisations (27)
Original consultation
Consultation description
We want to know your views on how to provide business representative bodies with wider powers to challenge 鈥榞rossly unfair鈥� contractual terms and practices. This is set out in the .
We鈥檙e also asking for views on how, or whether, we should better define 鈥榞rossly unfair鈥� in relation to late payments.
We welcome comments from across industry, particularly from business representative bodies and small businesses.