| Content | The new interest rate of 8 %, applicable during the first semester of 2010 in case of late payments in commercial transactions (i.e. only valid in a B2B relationship), was published in the Belgian Official Journal on 01.02.2010.
This interest rate is only applicable under the following conditions:
- either the creditor does not dispose of any general conditions or cannot prove that the opposing party, being the debtor, agreed to the contents of the general conditions
- or the creditor does dispose of general conditions, which however do not contain any stipulation with respect to the non-payment or late payment of an outstanding invoice.
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