S.L. 601.4 чл. 3Transparency of financial relations.

(1) Any financial relations between the Government of Malta and public undertakings shall be transparent as provided in the Directive.

(2) In such financial relations, therefore, the following shall emerge clearly:

(a) public funds made available by the Government of Malta to the public undertakings concerned;

(b) public funds made available by the Government of Malta through the intermediary of public undertakings or financial institutions;

(c) the use to which these public funds are actually put.

(3) The transparency referred to in this regulation shall apply in particular to the following aspects of financial relations between the Government of Malta and public undertakings:

(a) the setting-off of operating losses;

(b) the provision of capital;

(c) non-refundable grants, or loans on privileged terms;

(d) the granting of financial advantages by forgoing profits or the recovery of sums due;

(e) compensation for financial burdens imposed by the Government of Malta;

(f) the forgoing of a normal return on public funds used.