S.L. 123.65 ст. 2Arrangements to have effect. The a Convention evasion with This Contracting 1. This State, 2. There income, or on movable or paid by 3. The (a) in (b) in the 4. The taxes which or in place of, shall notify respective 1. For the (a) is an area seabed and used in a of Gozo and the territorial and the

It is hereby declared:-

(a) that the arrangements specified in the Convention set out in the Schedule to this Order have been made with Barbados with a view to affording relief from double taxation in relation to the following taxes imposed by the laws of Barbados:

(i) the income tax (including premium income tax);

(ii) the corporation tax (including the tax on branch profits); and

(iii) the petroleum winning operations tax.

(b) that it is expedient that those arrangements should have effect;

(c) that the Convention has entered into force on the 19th June, 2002. SCHEDULE

CONVENTION BETWEEN MALTA AND BARBADOS FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME

Government of Malta and the Government of Barbados, desiring to conclude for the avoidance of double taxation and the prevention of fiscal respect to taxes on income, have agreed as follows:-

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APPLICATION OF CONVENTION

Convention shall apply to persons who are residents of one or both of the States.

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TAXES COVERED

Convention shall apply to taxes on income imposed by a Contracting irrespective of the manner in which they are levied. shall be regarded as taxes on income all taxes imposed on total elements of income, including taxes on gains from the alienation of immovable property and taxes on the total amounts of wages or salaries enterprises. existing taxes to which this Convention shall apply are:

Barbados:

(i) the income tax (including premium income tax); the corporation tax (including the tax on branch profits); and (ii)

(iii) the petroleum winning operations tax; (hereinafter referred to as ''Barbados tax''). Malta: income tax; (hereinafter referred to as ''Malta tax''). Convention shall apply also to any identical or substantially similar are imposed after the date of signature of the Convention in addition to, the existing taxes. The competent authorities of the Contracting States each other of any significant changes which have been made in their taxation laws.

A 3 RTICLE

GENERAL DEFINITIONS

purposes of this Convention, unless the context otherwise requires:

the term ''Barbados'' means the island of Barbados and the territorial waters thereof, including any area outside such territorial waters which in accordance with international law and the laws of Barbados within which the rights of Barbados with respect to the subsoil and their natural resources may be exercised;

(b) the term ''Malta'' means the Republic of Malta and, when geographical sense, means the Island of Malta, the Island the other islands of the Maltese archipelago including waters thereof, as well as any area of the sea-bed, its sub-soil superjacent water column adjacent to the territorial waters, Malta exercises sovereign rights, jurisdiction, or control with international law and its national law, including relating to the exploration of the continental shelf and exploitation natural resources;

(c) the terms ''a Contracting State'' and ''the other Contracting Barbados or Malta, as the context requires;

(d) the term ''person'' includes an individual, a company and of persons;

(e) the term ''company'' means any body corporate or any treated as a body corporate for tax purposes;

(f) the terms ''enterprise of a Contracting State'' and ''enterprise Contracting State'' mean respectively an enterprise carried resident of a Contracting State and an enterprise carried on of the other Contracting State;

(g) the term ''international traffic'' means any transport by a operated by an enterprise of a Contracting State, except or aircraft is operated solely between places in the other State;

(h) the term ''competent authority'' means:

(i) in Barbados: the Minister responsible for finance or representative;

(ii) in Malta: the Minister responsible for finance or representative;

(i) the term ''national'' means:

(i) in relation to Barbados:

(a) any individual who is a citizen of Barbados;

(b) any legal person, partnership or association status as such from the laws in force in Barbados;

(ii) in relation to Malta

(a) any individual possessing the nationality of

(b) any legal person, partnership or association status as such from the laws in force in Malta.