S.L. 473.4 Art. 4Forfeiture of exemption.

(1) Exemption from payment of the eco-contribution due on products the waste resulting therefrom will be recovered through participation in an approved scheme shall be granted to a producer who proves to the satisfaction of the Minister that he is a participant in an approved scheme at the beginning of a calendar year and continues to participate in such scheme for the full duration of the said calendar year.

(2) Where a producer who obtained an exemption from payment of eco-contribution ceases to participate in the approved scheme he subscribed to during the relevant calendar year, the exemption granted shall be forfeited and the producer shall be bound to pay the eco-contribution that would have been due in the absence of the exemption, together with interest for late payment:

(3) The amount of interest shall be calculated on the amount of eco-contribution that would have been due in the absence of the exemption and shall accrue as from the date when such contribution would have been due at the rate of eight percent per annum.