Об упорядочении расчетов за сельскохозяйственную продукцию и продовольственные товары | 1401 — Russia law | Esheria

Об упорядочении расчетов за сельскохозяйственную продукцию и продовольственные товары

For continuous business relations, payments for agricultural and food products must be made as planned payments at agreed amounts and times, no less than three times a month. Late payment triggers a 1% daily penalty to the supplier, and banks must process payment orders after certain budget and fund payments.

Jurisdiction
Russia
Instrument
Act or statute
Citation
1401
Version
Undated source snapshot
Language
ru
Official source
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debt repayment late-payment penalties payment prioritization settlement timing

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