Cap. 463 Art. 41Exclusions.

(1) The following matters which relate to the specific entity indicated hereunder shall not be transferred to the Corporation:

(a) title to the premises from which the Malta Development Corporation, was operating prior to the effective date;

(b) all court proceedings and pending litigation commenced, prior to the effective date, between any one of Malta Development Corporation, the Malta External Trade Company Limited, or the Institute for the Promotion of Small Enterprise Ltd, and any of the employees of any one of the said entities, whether former or then current;

(c) obligations arising out of:

(i) all contracts of employment with any employees, and

(ii) all contracts for service with any agents, advisors or any service providers entered into and effective prior to the effective date, between any of the persons mentioned in subparagraphs

(i) and (ii) and any one of the Malta Development Corporation, the Malta External Trade Company Limited or the Institute for the Promotion of Small Enterprise Ltd.

(2) All rights and proceedings relative to any of the matters referred to in subarticle (1) hereof shall upon the effective date be exercised by, instituted or continued by or against the Attorney Genera1 or such other public officer in the name of the Government or the Minister may from time to time by notice in the Gazette determine.