Member

On Amendment 25, I acknowledge concerns around the risk of small businesses being pressured into accepting payment methods they have not agreed, including cryptocurrency. However, this amendment is not necessary. The terms governing payment between parties are a matter for contractual arrangements, and a purchaser or supplier should not be able to impose new payment terms unilaterally. In adjudicating disputes, the Small Business Commissioner will determine whether larger businesses owe smaller businesses money under a contract. A breach may include a failure to pay, paying late, or partial payment because of a larger business attempting to unilaterally change existing contractual terms.