S.L. 463.11 Art. 2Interpretation. Cap. 463. Cap. 371. Cap. 421.

In these regulations unless the context otherwise requires: "the Act" means the Malta Enterprise Act; "the bank" means a bank in terms of the Banking Act; "category A certification" means a certificate issued by the Corporation in collaboration with the Malta Crafts Council confirming that authentic Maltese crafts are produced by the holder undertaking; "the Corporation" means Malta Enterprise established under the Act; "the Guidelines" means such guidelines as may be published by the Corporation from time to time in terms of the Act; "the Malta Crafts Council" means the Malta Crafts Council set up under article 4 of the Malta Crafts Council Act;

"a new loan" means a new loan facility issued by a bank after the 15th May 2015 that is not required for restructuring or consolidating an existing debt; "a single undertaking" shall include all undertakings having at least one of the following relationships with each other:

(a) one undertaking has a majority of the shareholders’ or members’ voting rights in another undertaking;

(b) one undertaking has the right to appoint or remove a majority of the members of the administrative, management or supervisory body of another undertaking;

(c) one undertaking has the right to exercise a dominant influence over another undertaking pursuant to a contract entered into with that undertaking or to a provision in its memorandum or articles of association;

(d) one undertaking, which is a shareholder in or member of another undertaking, controls alone, pursuant to an agreement with other shareholders in or members of that undertaking, a majority of shareholders’ or also be considered to be a single undertaking; "Ta’ Dbieġi Crafts Village" means Ta’ Dbieġi Crafts Village as indicated in Annex II of the Guidelines; "Ta’ Qali Crafts Village" means Ta’ Qali Crafts Village as indicated in Annex I of the Guidelines; "an undertaking" means an undertaking as defined in the Act.