S.L. 463.56 Art. 4Maximum assistance.

(1) The Corporation may provide assistance to eligible undertakings that invest in recharging infrastructure for their private use as follows:

(a) a grant covering up to hundred per cent (100%) of the interest paid on a loan issued by the Malta Development Bank or a recognised financial institution to fund eligible costs as further prescribed in the guidelines; and, or

(b) a tax credit calculated as a percentage of the eligible costs as defined in the guidelines.

(2) The Corporation may support eligible undertakings through tax credits for the leasing of clean commercial vehicles and, or zero-emission vehicles as shall be further prescribed in the guidelines.

(3) The total assistance awarded to an undertaking shall not exceed the total allowable maximum assistance as established in the guidelines.