Cap. 13 Art. 26BScope of this Sub-title.

The provisions of this Sub-Title shall, notwithstanding the provisions of any other law, apply to payments made as remuneration for commercial transactions carried out between private and public undertakings, between undertakings and public authorities, and between main contractors and their suppliers and subcontractors, as from 1st March, 2012: Provided that this Sub-Title shall not regulate transactions between consumers, interest in connection with other payments such as payments under the laws on cheques and bills of exchange, or payments made as compensation for damages including payment from insurance companies.