S.L. 123.91 Art. 2Exemption. Cap. 123.

The subsidies that are exempt from income tax in accordance with the provisions of article 12(1)(r) of the Income Tax Act are the following:

(a) subsidies granted under the Social Market Policy Programme for Maltese Agriculture (SMPPMA) in the following production sectors:

(i) fresh fruit;

(ii) fresh vegetables;

(iii) fruit and vegetables for processing;

(iv) wine;

(v) pigmeat;

(vi) poultry meat;

(vii) eggs;

(viii) milk;

(b) European Union farm subsidies granted under the Common Agricultural Policy (CAP):

(i) aid to producers of tomatoes for processing;

(ii) sheep premium;

(iii) slaughter premium (bovines);

(iv) veal premium;

(v) special beef premium;

(vi) aid on arable crops;

(vii) aid to producer organisations and producer groups;

(viii) aid on olive oil production;

(ix) set-aside aid;

(x) milk premium;

(c) aid measures under the Rural Development Programme (RDP):

(i) aid under the pre-accession Rural Stewardship Scheme for Rubble Walls;

(ii) aid under the pre-accession Rural Stewardship Scheme for Producer Groups;

(iii) aid under the RDP’s Producer Group measure;

(iv) aid under the RDP’s Agri-environment measures;

(v) aid under the RDP’s Less Favoured Areas measure;

(vi) aid under the RDP’s Ad Hoc measure;

(vii) aid under the RDP’s Meeting Standards measure;

(viii) aid under the Structural Funds measure on Investments in Agricultural Holdings;

(ix) aid under the Structural Funds measure on Marketing and Processing of Agricultural Products.