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LAW OF THE REPUBLIC OF MOLDOVA

of March 27, 2025 No. 66

About fight against delay of obligation fulfillment on payment based on the agreements signed between professionals or between professionals and bodies of the public power

The Parliament adopts this organic law.

This law partially shifts parts (1) - (3) articles 1, of article 2 and 3, part (1), part (3), Item (a) of part (4), parts (5) and (6) Articles 4, Article 6, of part (1) - (3) and (5) Articles 7, of part (1) and (3) Article 8 and part (2) Article 9 of the Directive of the European parliament and Council 2011/7/EU of February 16, 2011 about counteraction to payment delays in commercial transactions (in the new edition), CELEX: 32011L0007, published in the Official magazine of the European Union by L 48 of February 23, 2011.

Chapter I. General provisions

Article 1. Purpose and scope of the law

(1) the Purpose of this law is assistance of competitiveness in business environment and fight against delay when implementing the payments following from the agreements signed between professionals or between professionals and bodies of the public power, providing thereby competitiveness of the companies, in particular the small and medium companies.

(2) This law is applied to the unconditional, liquid and subject to execution requirements consisting of obligations on payment of the sums of money following from delivery note or the agreement signed between professionals or between professional and body of the public power which subject is delivery of goods, performance of works or rendering services, including designing and accomplishment of social jobs, construction of buildings and performance of works in civil engineering.

(3) This law does not extend to the following types of requirements:

a) the requirements confirmed within the procedure of insolvency according to the Insolvency act No. 149/2012, or the requirements which are subject to extrajudicial settlement;

b) the requirements following from the agreements signed between professionals and consumers.

Article 2. Basic concepts

For the purposes of this law the following basic concepts mean:

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