Commercial Payments Bill [HL]

A bill to make provision about payment terms in commercial contracts; to make provision about interest on late payment of commercial debts; to ban retention clauses in the construction sector; to expand the powers of the Small Business Commissioner in relation to payment disputes and poor payment practices; to amend the Enterprise Act 2016 in connection with other functions of the Small Business Commissioner; and for connected purposes.

Status: second

Introduced by: Lord Leong · Labour · Life peer

Originating house: Lords

Last updated: 21 May 2026