Late Payment in Commercial Transactions Directive
Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on combating late payment in commercial transactions (Recast) Implementing the Small Business Act
- Stage
- In force, reached 23 Feb 2011
- In force
- In force since 15 Mar 2011 · CELEX 32011L0007
- Transposition deadline
- 16 Mar 2013
- Procedure
- Directive · Ordinary legislative procedure
- Last activity
- 15 Mar 2011
Documents
Newest first. Each opens at its source.
- Text adopted · OJ L 233 30.08.2012, p. 0003Commission · 30 Aug 2012
- Text adopted · OJ L 048 23.02.2011, p. 0001Commission · 23 Feb 2011
- Text adopted · Directive 2011/0007Commission · 16 Feb 2011
- Report · A7-0136/2010Parliament
- Proposal · COM(2016)0534Commission
- Text adopted · Corrigendum to final act 32011L0007R(01)Commission
- Committee opinion · PE430.892Parliament
- Committee opinion · PE438.157Parliament
- Report · PE438.475Parliament
- Amendments · PE439.270Parliament
- SEC(2009)0315Commission
- SEC(2009)0316Commission
- Text adopted · T7-0374/2010Parliament
Summary
GeneratedDirective 2011/7/EU, in force since 2011, caps payment periods at 60 calendar days between undertakings and generally 30 days where the debtor is a public authority. Creditors get statutory interest of at least 8 percentage points over the ECB reference rate, plus a fixed EUR 40 recovery-cost sum. Member States had to transpose Articles 1-8 and 10 by 16 March 2013.
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Sources: EP Legislative Observatory · EU Law Tracker · EUR-Lex. Record as of 12 Oct 2026. Something wrong on this page? Report an error.
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