S.L. 371.9 Art. 7Membership. Cap. 371.

(1) A credit institution which is licensed in Malta under the Banking Act, other than a branch established in Malta by a credit institution which has its head office outside the European Union, shall participate in the Scheme.

(2) Membership in the Scheme does not exclude the possibility that particular credit institutions may have to participate also in another compensation or similar scheme set up under a different law and governed by another competent authority or other body, in Malta or abroad.