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Cap. 13 · Commercial Code (Cap. 13)

Cap. 13 Art. 26FPayment schedules.

Sub-title IA

In forceOfficial text

Nothing in this Sub-Title shall prohibit parties from reaching an agreement on payment being effected periodically by means of instalments:

Provided that where an instalment is not paid within the agreed date, the payment of interest and compensation shall be calculated solely on the basis of overdue amounts.

Amendment history
  • Amended by L.N. 13 of 2014