§ Mr. Ottawayasked the Paymaster General what assessment he has made of the impact on small businesses of establishing a statutory right to interest on the late payment of debts; and if he will make a statement.
§ Mr. TrippierI am not convinced that a statutory right to interest on overdue debts would in practice improve small firms' ability to secure payment on time. It is already open to businesses to include provision for payment of interest in the terms of a contract.