S.L. 123.53 Art. 2Arrangements to have effect. AND The desiring, for relationship, prevention of This the 1. This Contracting are levied. 2. There income or on 3. The (a) in (b) 4. The taxes which or in place of, shall notify respective 5. not apply to concerning provided that contracts persons.

It is hereby declared:

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

(i) the tax on the profits of juridical persons;

(ii) the tax on small business activities;

(iii) the individual income tax;

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

(c) that the Convention has entered into force on the 23 November, 2000. SCHEDULE

CONVENTION BETWEEN THE GOVERNMENT OF MALTA THE GOVERNMENT OF THE REPUBLIC OF ALBANIA 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 the Republic of Albania, the purpose of further developing and facilitating their economic to conclude a Convention for the avoidance of double taxation and the fiscal evasion with respect to taxes on income, have agreed as follows: Article 1

PERSONAL SCOPE Convention shall apply to persons who are residents of one or both of Contracting States. Article 2 TAXES COVERED

Convention shall apply to taxes on income imposed on behalf of a State or of its local authorities, irrespective of the manner in which they shall be regarded as taxes on income all taxes imposed on total elements of income. existing taxes to which the Convention shall apply are in particular:

Albania:

(i) the tax on the profits of juridical persons;

(ii) the tax on small business activities;

(iii) the individual income tax; (hereinafter referred to as "Albanian Tax"); in Malta: the 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. Notwithstanding the other provisions of this Article , the Convention shall taxes paid or payable in a Contracting State under its domestic law, taxable income of any person engaged in the production of petroleum, such activities are performed under the provisions of particular between the Government of that Contracting State and the aforesaid

Article 3 GENERAL DEFINITIONS