S.L. 478.5 Art. 6Significant budget changes.

(1) Where, after the submission of the application for provisional approval, the budget of the Malta spend and estimated eligible expenditure as indicated in the provisional certificate, increases by over ten percent (10%) of the original estimations prior to the final completion of the submission, the Commissioner shall be informed in writing immediately of such changes.

(2) If it becomes apparent that the threshold has been exceeded, the Commissioner reserves the right to award the final incentive on not more than ten percent (10%) over and above the overall qualifying expenditure, as outlined in the provisional certificate.

(3) For the purpose of this regulation, if further allowances are made which are found to be justifiable, said shall be made solely at the discretion of the Commissioner.