1 Power to invalidate certain restrictive terms of business contracts
Small Business, Enterprise and Employment Act 2015 (2015 c 26) | Legislation

Part 1 Access to Finance

Assignment of Receivables

1  Power to invalidate certain restrictive terms of business contracts

(1)     The appropriate authority may by regulations make provision for the purpose of securing that any non-assignment of receivables term of a relevant contract—

(a)     has no effect;

(b)     has no effect in relation to persons of a prescribed description;

(c)     has effect in relation to persons of a prescribed description only for such purposes as may be prescribed.

(2)     A “non-assignment of receivables term” of a contract

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