Part 4: Management of public contracts Sub-contracting Section 73: Implied payment terms in sub-contracts
Subsection (1) sets out that payment terms (set out in section 68(2)-(5) (implied payment terms in public contracts) are implied in every public sub-contract (defined in subsection (5)).
	Subsection (2) clarifies that in those terms that are to be implied into public sub-contracts, references to the contracting authority will mean the party to whom goods, services or works are supplied under the contract. It also clarifies that the requirement for invoices to be issued in the requisite electronic form set out in section 68(8)(a) (relating to electronic invoices) does not apply.
	Subsection (3) ensures that the implied payment terms cannot be restricted or overridden by express contractual terms.
	Subsection (4) clarifies that the parties can however agree shorter payment terms under the contract.
	Subsection (5) explains the meaning of "public sub-contract".
	Subsection (6) sets out that Section 73 does not apply to public sub-contracts that are for the purpose of carrying out all or any part of a concession contract, a utilities contract awarded by a private utility, or a contract awarded by a school.