S.L. 123.193 Art. 1Citation, purpose and commencement.

(1) The title of these rules is the Seed Investment

Scheme (Income Tax) Rules.

(2) The purpose of these rules is to grant tax relief to natural persons resident in or operating in Malta investing in start-up businesses, as further regulated herein.

(3) These rules shall be deemed to have come into force on the 1st January, 2019 in respect of investments made as from basis year 2019 and thereafter, and shall have effect until the 31st December, 2021 or upon such later date as may be determined by the Minister responsible for finance by order published in the Gazette