Open Space
Following our first successful special seminar on the theme 'New Thinking for Troubled Times' we…See More
Late payment terms
Does anyone have any knowledge about late payment terms? One of our clients is trying to get us to sign up for a late payment clause that is much less advantageous to us than the Late Payment act. In signing up to the clause they say that we waiver our rights to claim late payment under the act. Does anyone know if this is legal?
Views: 5
Replies to This Discussion
-
Permalink Reply by Ned Seabrook on -
Jill,
Have you had a look at http://www.berr.gov.uk/files/file37581.pdf (attached) particularly the second half of col 1 on page 14.
Ned - Attachments:
-
-
Late Payment Guide file37581.pdf, 390 KB
-
-
Permalink Reply by Jill Pennington on -
Ned
Many thanks for this. It sounds as if our client is not behaving in the spirit of the act! It sounds as if we could agree in principal to their terms but still claim unfair treatment if it really came to it under the act.
-
Permalink Reply by Ned Seabrook on
-
What if...?
They may be unclear of the terms, or even unaware of the provisions of the act that allow a court to overrule such unfair terms.
If they were made aware, then perhaps they would drop the condition.
Which leads one to wonder - what are they really afraid of?
Ned
Jill Pennington said:Ned
Many thanks for this. It sounds as if our client is not behaving in the spirit of the act! It sounds as if we could agree in principal to their terms but still claim unfair treatment if it really came to it under the act.
Latest Activity
Webinar book launch for 'Here Be Dragons' at Webinar
February 27, 2012 from 2pm to 3pm
Here be DragonsThere have always been unknown, uncharted waters facing our organisations, but the…See More
Event posted by Cathy Dunn
Environmental Sustainability in the Workplace at TCPA, London
February 29, 2012 from 10am to 6pm
A practical and comprehensive training day to help your organisation make real efficiency savings,…See More
Event updated by Jonathan Elliott
Communicating Renewable Energy training day at TCPA
February 15, 2012 from 10am to 4pm
'Informative and interesting.’ John Davis (Offshore Marine Management)‘An informative and well…See More
Event updated by Jonathan Elliott
Please share your wonderful ideas for improving our site & our services
O&P News
O&P back issues now for sale.
Make sure you can reach the Full AMED Members' page or the O&P Subscribers' page to download the SUMMER EDITION
Non-members may wish to join after you have checked the editorial by Chris Grieve here!
Not yet a member or subscriber?
Click here for synopses of recent editions.
© 2012 Created by AMED Admin.
