S.L. 463.17 Art. 2Interpretation. Cap. 463.

In these regulations, unless the context otherwise requires:

"the Act" means the Malta Enterprise Act;

"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;

"Small and Medium Sized Enterprises" (SMEs) shall having the meaning attributed to it by Annex I of Commission Regulation (EU) No 651/2014 of 17 June 2014 declaring certain categories of aid compatible with the internal market in application of Articles 107 and 108 of the Treaty;

The terms "Large Enterprises", "Fundamental Research", "Experimental Development", "industrial research", "highly qualified personnel" and "research and knowledge-dissemination Organisation" shall have the meanings attributed to them by Commission Regulation (EU) No 651/2014 of 17 June 2014 declaring certain categories of aid compatible with the internal market in application of Articles 107 and 108 of the Treaty;

"Research and Development activity" is any activity that constitutes experimental development and/or industrial research as may be further described in the Incentive Guidelines.