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S.L. 386.32 · Companies Act (Youth Enterprise) (S.L. 386.32)

S.L. 386.32 Art. 15Restrictions on licensable activity.

In KraftAmtlicher Text

(1) Without prejudice to article 77(3) of the Act, the objects of a youth enterprise shall not be granted any licence, permit, authorisation or similar approval by any Maltese or foreign authority, unless such license, permit, authorisation or similar approval can be granted by any Maltese authority to minors.

(2) Where a licence, permit, authorisation or similar approval is granted by a foreign authority, such licence, permit, authorisation or approval shall require recognition by the relevant Maltese authority.

(3) These regulations shall not prohibit the youth enterprise from undertaking preparatory work for the eventual application for such licences, provided such application is only submitted once all members have attained the age of eighteen (18) years.