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Economy / Business / Cash flow / Interest / Late Payment of Commercial Debts (Interest) Act / Invoice / Accounts payable / Discounts and allowances / Cash collection / Costs in English law / Debt / Factoring


Late Payment Law The Late Payment of Commercial Debts (Interest) Act 1998 has two purposes. Firstly, to compensate creditors for the late payment of debts. Secondly, to deter late payment. It only applies to the commerci
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Document Date: 2015-11-03 11:47:35


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