S.L. 123.182 Art. 6EEA and Swiss nationals.

(1) The option available under article 56(21) of the

Act shall, with respect to EEA and Swiss nationals, apply for a consecutive period of five years commencing from the first year of assessment in which that person is first liable to tax under the provisions of the Act.

(2) The option available under article 56(21) of the Act shall, with respect to third-country nationals, apply for a consecutive period of four years commencing from the first year of assessment in which that person is first liable to tax under the provisions of the Act.

(3) Rights acquired under this law shall be deemed to have been withdrawn with immediate effect if the grant of benefits under these rules and the beneficiary’s stay in Malta are not in the public interest.

(4) Notwithstanding anything to the contrary contained in these rules any person who falls under the provisions of sub-rule (1) or sub-rule (2), irrespective of whether he has availed himself of the benefit provided by these rules or not, shall be eligible, upon application, for a one-time extension of five years or four years respectively to his qualifying period, subject to the continued adherence to the other provisions of these rules:

Provided that the eligibility under the said rules shall not exceed a consecutive period of ten years commencing from the year preceding the first year of assessment in which that person is first liable to tax under the provisions of the Act.