Payment Times Reporting Act 2020
Reporting entities
12(1)
A reporting entity must give the Regulator a payment times report for each reporting period for the entity.
12(2)
However, a reporting entity is not required to give the Regulator a payment times report for a reporting period if the entity is an exempt entity for any part of the reporting period.
Reporting nominees
12(3)
A reporting nominee must give the Regulator a payment times report for each reporting period for the reporting nominee.
12(4)
However, a reporting nominee is not required to give the Regulator a payment times report for a reporting period if the reporting nominee is an exempt entity for any part of the reporting period.
Hide history note
View history noteS 12 substituted by No 65 of 2024, s 3 and Sch 1 item 30, effective 7 September 2024. For application and transitional provisions, see note under s
3
. S 12 formerly read:
SECTION 12 REPORTING ENTITIES MUST REPORT PAYMENT TIMES
12
A reporting entity must give the Regulator a payment times report for each reporting period for the entity.
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