To ask the Minister for the Cabinet Office, what assessment his Department has made of the potential effect of the UK leaving the EU on the ability of Government contractors to pay invoices submitted by subcontractors within 30 days.

Regulation 113 of the Public Contracts Regulations contains statutory guidance for contracting authorities and suppliers on paying undisputed invoices in 30 days down the supply chain.

This will be preserved under the European Union (Withdrawal) Act when the UK leaves the European Union, with relevant adjustments necessary to ensure legal operability. This will give legal certainty and continuity to businesses and contracting authorities on day one of exit.