Payment Times Reporting Scheme: guidance for reporting entities
This guidance is for reporting entities under the Payment Times Reporting Scheme. It provides practical detail on how to comply with the scheme’s reporting requirements.
The guidance will help reporting entities understand the legislation and the reporting requirements. It also addresses the main issues and concepts that reporting entities need to understand.
This information has been prepared to provide general guidance only.
The interpretation of the legislation and the legal obligations for reporting entities to report their payment terms and practices is ultimately a matter for the courts.
Where appropriate, reporting entities should seek their own legal advice to ensure their compliance with the requirements.
The Payment Times Reporting Regulator will administer the Act in accordance with the information in this guidance. Please note our department will update the guidance material from time to time. This will include updates in response to stakeholder input and other circumstances. It is each reporting entity’s responsibility to ensure they’re referring to the latest version.
- About the scheme
- The scheme at a glance
- Eligibility criteria
- Reporting requirements
- Reporting periods
- How to report
- Payment times reports register
- Payment Times Reporting Regulator
- Read more about the Payment Times Reporting Scheme
- See how we consulted with small and large business, and industry, to design and develop the scheme
For reporting requirements and guidance enquiries:
- Email email@example.com
- Phone the contact centre on 13 28 46, international: +61 3 9669 2360 (international call charges apply)