Commonwealth Consolidated Acts

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PAYMENT TIMES REPORTING ACT 2020 - SECT 57B

Requirements for review

    Without limiting section   57A, the review must consider the following:

  (a)   whether the operation of this Act is meeting the objects set out in section   3;

  (b)   whether related government policies, including policies relating to electronic invoicing, have improved the payment terms, times and practices of reporting entities in relation to their small business suppliers;

  (c)   whether other measures such as mandating one or more maximum periods (the mandated maximum payment periods ) for the payment of small business invoices by reporting entities would be more effective in improving those payment terms, times and practices.



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