S.L. 517.3 Art. 2Definitions. Cap. 517. Cap. 517.

(1) In these regulations, save as provided in sub-regulation (2), all words and phrases shall have the meaning as prescribed in the Commissioner for Revenue Act.

(2) In these regulations, unless the context otherwise requires:

"Act" means the Commissioner for Revenue Act;

"Schedule" means the Schedule to these regulations as may be amended by the Minister from time to time by way of notice in the Gazette;

"taxable Value" shall have the meaning as defined in the revenue acts;

"used pleasure boat" means a pleasure boat which:

(a) is not a new means of transport; and

(b) is imported into Malta or supplied by a person who was not the builder of the pleasure boat.