2000/35/EC2011/7/EU SAME RULES FOR ALL Non harmonisation of payment period: - No contract: 30 days after receipt invoice or goods -contract: the day a
{"Image DocumentName": "2000/35/EC 2011/7/EU SAME RULES FOR ALL", "Image ImageDescription": "Non harmonisation of payment period: - No contract: 30 days after receipt invoice or goods. -contract: the day after the date stipulate on it. DIFFERENT RULES. 1. Harmonisation for PA: they will have to pay, as general rule, within 30 days. 2. Freedom of contract for B2B: No contract: 30 days. Contract:60 days unless otherwise agreed btw parties and provided it is not grossly unfair to creditor. Interest rate for LP: - ECB reference + at least 7% ECB reference+ at least 8% PA can not apply an interest rate below this threshold. Enterprises entitled for interest for late payment. Enterprises entitled for interest for late payment + recovery costs. Enterprises better protected against abuses: grossly unfair terms and practices. More transparency and awareness raising.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}