Australian Capital Territory Numbered Acts

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GOVERNMENT PROCUREMENT AMENDMENT ACT 2007 (NO. 11 OF 2007) - SECT 32

Interest on unpaid accounts

Section 45 (1)

substitute

    (1)     This section applies if—

        (a)     the Territory or a territory entity does not pay a commercial account in full by the relevant date for the account; and

        (b)     the person to whom the account is payable requests, in writing, that the Territory, or the territory entity, pay interest on the amount of the account that remains unpaid from time to time after the payment date.



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