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Chamber and committees

Economy and Fair Work Committee


Common Framework on Late Payment

Letter from Minister for Business, Trade, Tourism and Enterprise, 24 January 2022

Dear Claire,

 

The Minister for Business, Fair Work and Skills wrote to the Committee for Economy, Energy and Fair Work in December 2020 with a summary of the proposed Common Framework on Late Payment (commercial transactions). I am now writing to share the text of the provisional framework with your Committee.

 

My officials, together with their counterparts in the UK Government, Welsh Government and the Northern Ireland Executive have been working jointly to develop the Common Framework for Late Payment (commercial transactions). The provisional framework has been confirmed by the portfolio Ministers of the four governments in December 2021. I am sharing this provisional framework for your Committee to scrutinise.

 

Please find an updated cover page attached, with the Framework Outline agreement and Concordat included as annexes. My officials are happy to provide any further information if that would be helpful.

 

I am copying this letter and all attachments to Clare Adamson MSP, Convener of the Constitution, Europe, External Affairs and Culture Committee due to the Committee’s interest in the overall UK Common Framework programme.

 

Ivan McKee

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Annexe A - Provisional Common Framework