Payment Terms Legislation In New Zealand
Please see below for a summary of payment terms in New Zealand and the various industries across which payment term legislation appears. You can also download a summary of all New Zealand payment terms by clicking the button below.
The New Zealand government is currently considering a discussion paper on improving business to business payment practices that proposes a maximum term of 20 days.
Although no law exists the New Zealand government has set itself a target of paying all supplier within 10 days.
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