Section 5A(2)
LPCDIA 1998
Late Payment of Commercial Debts (Interest) Act 1998 · United Kingdom
That sum shall be– for a debt less than £1000, the sum of £40; for a debt of £1000 or more, but less than £10,000, the sum of £70; for a debt of £10,000 or more, the sum of £100.
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Source: legislation.gov.uk · retrieved 2026-08-15