Cap. 598 Art. 10Undertaking ceasing to be an authorised undertaking for illegal activities.

(1) The Authority shall revoke the determination of any undertaking authorised to operate therein, which carries on any activity, or has income accruing to it or derived by it, which consists of, or originates from any transaction, operation or other activity which is a criminal offence under the laws of Malta, or would be such an offence if carried out in Malta, or has received or has in its possession or control money or other property the receipt, ownership, possession or control of which is, or would be, such an offence as aforesaid.

(2) Without prejudice to the application of any other law on the subject, all income, money or other property as is referred to in sub-article (1) shall be liable to seizure and shall be forfeited in favour of the Government and become its property absolutely.