S.L. 234.23 Art. 5Appointment of resident agent.

(1) The international owner shall appoint in writing a resident agent who -

(a) is habitually resident in Malta;

(b) is not interdicted or incapacitated or is an undischarged bankrupt;

(c) has not been convicted of any of the crimes affecting public trust or of theft or of fraud or of knowingly receiving property obtained by theft or fraud; and

(d) has satisfied the Registrar-General to be a person capable of carrying out the functions stated in these regulations.

(2) A person shall be deemed to satisfy the Registrar-General as required by subregulation (1)(d) unless the Registrar-General has made a declaration to the contrary; and the Registrar-General may, before withdrawing such declaration, impose such conditions as he may deem fit in the circumstances.

(3) The international owner shall ensure that it has a validly appointed resident agent at all times.

(4) Notices of the appointment, resignation or removal of the resident agent shall be filed with the registrar in the prescribed form, and where a notice of appointment is given it shall be accompanied by the acceptance in writing of the resident agent of such appointment.

(5) The Registrar-General may at any time refuse or reject any notice of an appointment which he considers is not in compliance with these regulations and in such case the international owner shall immediately appoint another resident agent.