Economy, Jobs and Fair Work Committee

Meeting date: Tuesday, June 12, 2018

Official Report 751KB pdf

Subordinate Legislation

The Late Payment of Commercial Debts (Scotland) Amendment Regulations 2018 (SSI 2018/160)

The next item on the agenda is consideration of subordinate legislation. In brief, the regulations amend the Late Payment of Commercial Debts (Scotland) Regulations 2002, which implemented the European Union directive on combating late payment in commercial transactions. They clarify that representative bodies can challenge in the Court of Session the use of certain grossly unfair terms or practices in, or in relation to, contracts to which the Late Payment of Commercial Debts (Interest) Act 1998 applies.

The committee sought the views of stakeholders who responded to a consultation on the issues of late payment. The Federation of Small Businesses has noted its support for the changes and we have also received comment from the Food and Drink Federation Scotland.

As no member wishes to raise any substantive issues, I take it that the committee is content for the regulations to come into force. Are we agreed?

Members indicated agreement.

Thank you.