S.L. 595.40 Art. 7Administrative fees and contributions. S.L. 217.26.

(1) The Agency shall retain the non-refundable administration fee payable by applicants in terms of the Malta

Permanent Residence Programme Regulations in respect of applications for residence-by-investment certificates to cater for the operational and due diligence costs of the Agency.

(2) The Agency shall have the power and authority to use any operating profit of the Agency for the purpose of sponsoring or funding any worthy social or philanthropic causes that it may identify from time to time.

(3) The Agency shall allocate the contributions received through applications for residence-by-investment certificates to the Consolidated Fund:

Provided that prior to such allocation, in the case of applications for inclusion on a certificate in respect of persons other than the main applicant, the Agency may deduct due diligence costs from such contributions payable.