Dáil debates
Wednesday, 2 July 2014
Competition and Consumer Protection Bill 2014: Report Stage (Resumed)
5:55 pm
Dara Calleary (Mayo, Fianna Fail) | Oireachtas source
I move amendment No. 54:
In page 84, between lines 16 and 17, to insert the following:"(a) specify that payments for grocery goods supplied to relevant grocery goods undertakings to be made within 30 days,".It is current market practice that payment terms are being extended to 90 or even 120 days. Many small producers and suppliers cannot afford to sustain this practice, but there is no protection available to them. This amendment seeks to reduce the maximum payment period to 30 days.
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