BETA

2 Amendments of Constance LE GRIP related to 2009/0054(COD)

Amendment 161 #
Proposal for a directive
Article 5 – paragraph 4
4. For the execution of public contracts, with the exception of those subject to the exclusions laid down in Title II, Chapter II, Section 3 of Directive 2004/18/EC, Member States shall ensure that the period for payment fixed in the contract shall not exceed the time limits provided for in paragraph 2(b), unless it is specifically agreed between the debtor and the creditor and is duly justified in the light of particular circumstances such as an objective need to schedule payment over a longer period.
2010/03/10
Committee: IMCO
Amendment 174 #
Proposal for a directive
Article 5 – paragraph 5
5. Member States shall ensure that when interest for late payment becomes payable, the creditor is entitled to a lump sum compensation equal to 5% of the amount due. This compensation shall be additional to the interest for late payment.deleted
2010/03/10
Committee: IMCO