Cap. 123 Art. 81Relief by way of credit.

The amount of the tax referred to in article 80(b) is to be allowed as a credit against the income tax chargeable in Malta in respect of the income under article 80, and the amount of the income tax so chargeable shall be reduced by the amount of the credit:

Provided always that the credit shall not be allowed against income tax for any year of assessment unless the person entitled to the income is resident in Malta or is a company registered in Malta for the year immediately preceding the year of assessment.