The contractual payment terms for commercial transactions may no longer exceed sixty days.

The statute of August 2, 2002 on combating  late payment in commercial transactions has been amended several times since its entry into force. The statute of 14 August 2021 is the latest of these amendments.

Flavie Vermander gives an overview of the amendments and analyses their impact on current contracts in the Journal des tribunaux (year 2022, n° 11).