Procedures to combat payment gridlocks are to be simpler

Procedures to combat payment gridlocks are to be simpler

The government’s work list includes a draft amendment to the act on counteracting excessive late payments in commercial transactions.

It was prepared by the Ministry of Development and Technology in cooperation with the Office of Competition and Consumer Protection (UOKiK). The draft provides that entrepreneurs will have more time to submit a report on payment practices – by April 30 of a given year, and not on January 31, as was the case so far. At the same time, expired benefits and those that arose between companies operating within one capital group, are to be excluded from these reports. Reports can be sent using the application available at: www.biznes.gov.pl/e-uslugi/00_0125_00.

The proposed act also provides for the extension of the threshold of PLN 5 million for excessively delayed benefits for the years 2022-23. Originally, it was to apply in 2020 and 2021.

On the other hand, the effectiveness of proceedings aimed at combating payment backlogs is to be ensured, inter alia, by the fact that the President of the Office of Competition and Consumer Protection will not impose penalties. A company that does not pay on time will have to prove that it is a victim of payment bottlenecks.

Source: https://www.gazetaprawna.pl/firma-i-prawo/artykuly/8284196,zatory-platnicze-zlozenie-sprawozdania.html

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