Late Payment of Government Debts (Interest) Act 2013

If a dispute arises between a public authority and a supplier about whether interest or an amount of interest is payable under this Act on account of a prescribed matter, the matter may be referred to the Small Business

Commission (which is conferred with the function of resolving the dispute).

The Small Business Commission may specify procedures and requirements that are to apply in connection with the operation of subsection (1).

The Small Business Commission may resolve a dispute in such manner as the Commission determines to be appropriate.

The Small Business Commission may, in acting under this section, exercise any power of the Commission that applies under the

Small Business Commission

Act 2011 in relation to the performance of the

Commission's functions under that Act.

If the Small Business Commission determines that a public authority should pay interest with respect to a qualifying debt under this Act, the public authority must ensure that the interest, of an amount calculated by the

Commission, is paid in accordance with any determination of the

Commission.