S.L. 463.48 Art. 3Assistance for the development of training programs.

(1) When the Corporation is satisfied that an undertaking carrying out or intending to carry out an activity that may contribute to the economic development of Malta, requires assistance to increase the skills and knowledge of its employees in relation to the requirements of their employment through training, the Corporation may provide such an undertaking with a tax credit or a cash grant or a combination of both, in accordance with the terms and conditions set out in the Guidelines;

(2) No cash grants shall be due in respect to training that commences prior to the formal approval from the Corporation.