Directive 2011/7/EU of the European Parliament and of the CouncilShow full title

Directive 2011/7/EU of the European Parliament and of the Council of 16 February 2011 on combating late payment in commercial transactions (recast) (Text with EEA relevance)

Article 9U.K.Retention of title

1.Member States shall provide in conformity with the applicable national provisions designated by private international law that the seller retains title to goods until they are fully paid for if a retention of title clause has been expressly agreed between the buyer and the seller before the delivery of the goods.

2.Member States may adopt or retain provisions dealing with down payments already made by the debtor.