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Cap. 13 · Commercial Code (Cap. 13)

Cap. 13 Art. 77FPeriodic supply of information as to commission due and right of inspection of principal’s books.

Sub-title IV

Van krachtOfficiële tekst

(1) The principal shall supply his commercial agent with a statement of the commission due, not later than the last day of the month following the quarter in which the commission has become due, and such statement shall set out the basis used in calculating the amount of the commission.

(2) A commercial agent shall be entitled to demand that he be provided with all the information (and in particular an extract from the books) which is available to his principal and which he requires in order to check the amount of the commission due to him.

(3) Any agreement to derogate from sub-articles (1) and (2) shall be void.

(4) Nothing in this article shall remove or restrict the effect of, derogate from the provisions of any enactment or rule of law which grants to an agent the right to inspect the books of a principal.

Wijzigingsgeschiedenis
  • Amended by IX.2003.3