Section 11(4)
LPCDIA 1998
Late Payment of Commercial Debts (Interest) Act 1998 · United Kingdom
Where the advance payment is a part of the contract price, but the sum is not due in respect of any part performance of the supplier’s obligation, the debt shall be treated as created on the day on which the supplier’s obligation is performed.
← 3 · All articles · 5 →
Source: legislation.gov.uk · retrieved 2026-08-15