S.L. 463.4 · Enterprise Support Incentives (S.L. 463.4)
S.L. 463.4 чл. 3Cash grants.
(1) Where the Corporation is satisfied that an undertaking is carrying on or intending to carry out an activity that may contribute to the economic development of Malta, the Corporation may provide such an undertaking with a cash grant as established in these regulations and in the Guidelines:
Provided that an undertaking shall not qualify for any of the benefits provided by these regulations if such undertaking operates in the -
(a) fishery or aquaculture sectors;
(b) primary production of agricultural products: Provided that such assistance may be granted to undertakings that operate in the processing and marketing of agricultural products as described in Annex 1 to the Treaty: Provided further that such assistance may not be granted to undertakings that operate in the processing and marketing of agricultural products as listed in Annex 1 to the Treaty:
(i) when the amount of the assistance would be fixed on the basis of the price or quantity of such products purchased from primary producers or put on the market by the undertakings concerned;
(ii) when the assistance is conditional on being partly or entirely passed on to primary producers.
(2) Assistance under this regulation may not be granted:
(a) when the assistance would be granted for export-related activities towards third countries or Member States, that would be directly linked to the quantities exported, to the establishment and operation of a distribution network or to other current expenditure linked to the export activity;
(b) when the assistance would be contingent upon the use of local over imported goods;
(c) when the assistance would be granted to undertakings in difficulty:
Provided that the provisions of paragraph (c) of sub-regulation 2 shall only be applicable to undertakings which qualify for assistance under these regulations until the 31st December, 2013.
История на изменения
- Amended by L.N. 212 of 2015