S.L. 463.11 Art. 3Assistance for undertakings operating in Ta’ Dbieġi Crafts Village or Ta’ Qali Crafts Village.

(1) The provisions of these regulations shall apply in the case of undertakings, where the Corporation is satisfied that all or part of the activities of such undertakings, are being carried on or carried out in Ta’ Dbieġi Crafts Village or Ta’ Qali Crafts Village.

(2) Where the Corporation is satisfied that a single undertaking requires assistance to carry out a project as part of the upgrading of Ta’ Qali Crafts Village, the Corporation may assist such a single undertaking by means of a loan interest subsidy on a new loan of up to two per cent (2%) in accordance with the terms and conditions set out in the Guidelines: Provided that the new loan which qualifies for an interest subsidy under these regulations shall be a loan provided by a bank: Provided further that applications for assistance under this sub-regulation shall reach the Corporation by not later than noon of the 30th April, 2018.

(3) Where the Corporation is satisfied that a single undertaking is in possession of a Category A certification, the Corporation may assist such a single undertaking by means of a cash grant in accordance with the terms and conditions set out in the Guidelines: Provided that applications for assistance under this sub-regulation shall reach the Corporation by not later than the 30th April, 2018.