Oireachtas Joint and Select Committees
Tuesday, 25 September 2018
Joint Oireachtas Committee on Agriculture, Food and the Marine
Scrutiny of EU Legislative Proposals (Resumed)
3:30 pm
Paul Daly (Fianna Fail) | Oireachtas source
Does it provide a potential loophole for multinationals? Under the provision stipulating that a buyer must pay no later than 30 days after the month of supply and contrary to the current situation whereby one may supply on the 1st of a month and get paid within 30 days, a smart alec in a multinational may think there is a loophole and that the multinational is permitted under EU legislation not to pay a supplier for 60 days.
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