Contents
- (1) ‘commercial transactions’ means transactions between under…
- (2) ‘public authority’ means any contracting authority, as def…
- (3) ‘undertaking’ means any organisation, other than a public…
- (4) ‘late payment’ means payment not made within the contractu…
- (5) ‘interest for late payment’ means statutory interest for l…
- (6) ‘statutory interest for late payment’ means simple interes…
- (7) ‘reference rate’ means either of the following:
- (8) ‘amount due’ means the principal sum which should have bee…
- (9) ‘retention of title’ means the contractual agreement accor…
- (10) ‘enforceable title’ means any decision, judgment or order…
(8)‘amount due’ means the principal sum which should have been paid within the contractual or statutory period of payment, including the applicable taxes, duties, levies or charges specified in the invoice or the equivalent request for payment;
Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.