CTHIn ForceLegislation
Payment Times Reporting Rules 2024
20Qualifying payment time of 20 days or less
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20 Qualifying payment time of 20 days or less
For the purposes of Division 5 of Part 2 of the Act, a payment times report has a qualifying payment time of 20 days or less for a reporting period if the entity’s 95th percentile payment time for the reporting period is 20 days or less.