English court reminds construction contract payment provisions to be ‘compliant’ – OUT-LAW.com
‘An English court has reminded the construction sector of the importance of complying with the mandatory payment provisions in the Housing Grants, Construction and Regeneration Act 1996 (1996 Act) in payment provisions, in a case in which it found that a contract which requires the submission of VAT invoice to fix the final date for payment is not compliant.’
OUT-LAW.com, 27th September 2023
Source: www.pinsentmasons.com