S.L. 463.40 Art. 6Aid intensities.

(1) The amount of investment aid that may be awarded in terms of this regulation for a specific investment project shall not exceed:

(a) thirty per cent (30%) of the qualifying expenditure for an undertaking which qualifies as a "Small" undertaking;

(b) twenty per cent (20%) of the qualifying expenditure for an undertaking which qualifies as a "Medium-sized" undertaking;

(c) fifteen per cent (15%) in respect to initial investment projects carried out by "Small" and "Medium-sized" undertakings in the development of hotels, guest houses and their amenities as licensed by the Malta Tourism Authority.

(d) ten per cent (10%) of the qualifying expenditure for an undertaking which qualifies as a "Large" undertaking.

(2) For large undertakings the costs of intangible assets as defined in the guidelines are eligible only up to a limit of fifty per cent (50%) of the total eligible investment costs for the initial investment.

(3) The maximum aid amount for a large investment project shall be calculated as prescribed in the incentive guidelines.