S.L. 463.4 Art. 18Assistance to business associations that facilitate collaboration between undertakings.

Where the Corporation is satisfied that a business association requires assistance to facilitate collaboration between undertakings that carry on or intend to carry out activities that may contribute to the economic development of Malta, the Corporation may provide such a business association with a cash grant in accordance with the terms and conditions set out in the Guidelines:

Provided that for the purposes of this regulation, a "business association" shall have the meaning attributed to it in the Guidelines: Provided also that applications for assistance under this st regulation may be submitted to the Corporation as from the 1 January 2016 and shall reach the same Corporation by not later than ten in the morning of the 31st December 2020.