The fee for all is over — excessive payment surcharges banned for small businesses
By George Roberts
New regulations that ban businesses from imposing excessive fees on consumers making payments will extend to small businesses from 12 June 2014.
The Consumer Rights (Payment Surcharges) Regulations 2012 — the first of many legislative changes that form part of the major ongoing overhaul of consumer protection legislation — came into force for most businesses on 6 April 2013.
However, there was a temporary exemption for small businesses and some new businesses that expires on 12 June 2014. Such businesses will have to step into line with others and comply with the new rules for contracts entered into from that date…
Click on the link below to read the rest of the Shoosmiths briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Shoosmiths
News from The Lawyer
Briefings from Shoosmiths
Contractual remedies for defamation? Blackpool hotel adopts novel approach to damning TripAdvisor review
The hotel is reported to have relied on a provision of its hotel policy, purportedly entitling it to charge a ’maximum £100 per review’ for every bad review left on a website.
The benefits of settling disputes out of court are clear, most of all in terms of the time and costs saved by not taking the dispute to trial.
Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…