Cap. 565 чл. 14Restriction on transfer.

(1) Any acquisition of immovable property in respect of which a benefit has been claimed pursuant to this Act must remain within the registered family business for a minimum period of three

(3) years and in the event that such immovable property is transferred they must be replaced with a similar asset used for the same benefit of the registered family business or such other period as the Regulator may approve.

(2) Any acquisition of shares, interests, contributions or other assets in respect of which a benefit has been claimed pursuant to this Act must remain within the registered family business for a minimum period of three (3) years and in the event that such shares, interests, contributions or other assets are transferred they must be replaced with a similar share, interest, contribution or other asset used for the same benefit of the registered family business or such other period as the Regulator may approve.

(3) The owners of the registered family business must undertake to trade and operate the family business during these three (3) consecutive years without interruption immediately following the granting of the benefits or such other shorter period as the Regulator may approve and in the event that the business ceases to exist in the said period, any benefit claimed shall be refunded and reimbursed.