Cap. 514 Art. 6Requirement of licence for persons providing services listed in the Schedule.

(1) No person shall provide or hold itself out as providing any one or more of the services listed in the Schedule in or from within Malta to a retirement scheme or retirement fund or to a similar or equivalent arrangement established overseas, unless it is duly licensed under this Act.

(2) No body corporate, unincorporated body or association formed in accordance with or existing under the laws of Malta, shall provide or hold itself out as providing a service in or from within a country, territory or other place outside Malta unless duly licensed under this Act.

(3) The competent authority may by notice in writing to any person determine that a service falls within the Schedule when provided in relation to an instrument and, subject to any appeal under article 44, with respect to such person, the determination by the competent authority, shall be conclusive for all purposes of this Act.

Recognition of Service Providers