S.L. 123.79 Art. 8Applicability of article56(10)(a)(ii) and (b) of the Income Tax Act. Cap. 123.

(1) Where the conditions set out in regulation 6 have been satisfied and the holder of the certificate brings into Malta the amount of income referred to in paragraph (b) of that regulation, article 56(10)(a)(ii) and (b) of of the Income Tax Act, hereinafter referred to as "the Act", shall apply.

(2) For the purposes of the provisions of sub-regulation (1), in determining the amount of the annual income brought into Malta no consideration whatsoever shall be taken of any income which is transferred again out of Malta.