Q&As

Is a principal able to pay a commercial agent in lieu of the statutory notice period?

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Published on LexisPSL on 20/01/2015

The following Commercial Q&A provides comprehensive and up to date legal information covering:

  • Is a principal able to pay a commercial agent in lieu of the statutory notice period?

Our Practice Note: Termination of commercial agency arrangements explains how the Commercial Agents (Council Directive) Regulations 1993 SI 1993/3053 introduce obligations between the principal and its commercial agent in relation to termination process and compensation/indemnity entitlements.

Regulation 15 provides that the minimum notice periods are:

  1. one month for the first year of the contract

  2. two months for the second year commenced, and

  3. three months for the third and subsequent years commenced

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