Business Promotion Act (Cap. 325)

Contents

1. Art. 1 Short title.
2. Art. 2 Interpretation.
3. Art. 2A Extension of applicability to exclusive economic zone area or environment protection area.
4. Art. 3 Beneficiariesunder this Act.
5. Art. 3A Transfer of business to an oversea company.
6. PART II
7. Art. 4 Tax holidays
8. Art. 5 Export incentive scheme.
9. Art. 5A Investment incentive scheme.
10. Art. 6 Reduced rate of tax.
11. Art. 7 Investment allowance.
12. Art. 8 Accelerated depreciation.
13. Art. 9 Tax free dividends.
14. Art. 10 Training costs allowance.
15. Art. 11 Export promotion allowance.
16. Art. 12 Research and development allowance.
17. Art. 13 Incometaxpayable by expatriate employees.
18. Art. 14 Feasibility studies.
19. Art. 15 Consequential provisions in respect of double taxation treaties.
20. PART III
21. Art. 16 Soft loans.
22. Art. 17 Relief from customs duty.
23. Art. 18 Provision of factories, etc.
24. Art. 18A Child day care centres.
25. Art. 19 Training grants.
26. Art. 20 Management services grants.
27. Art. 21 Exemption from death and donation duty.
28. Art. 22 Expatriate employees. Cap. 217. Cap. 217.
29. Art. 23 Industry in Gozo.
30. Art. 24 Small enterprises.
31. Art. 24A Soft loans in connection with energy and water conservation.
32. Art. 24B Reduced rates of tax for upgrading, refurbishing or renovation of a hotel.
33. Art. 24C Financial assistance.
34. PART IV
35. Art. 25 Guarantee of incentives.
36. Art. 26 Powers of the President of Malta.
37. Art. 27 Revocation of incentives or benefits.
38. Art. 28 Appeals.
39. Art. 29 Liability.
40. Art. 30 Appeals to the Administrative Review Tribunal.
41. Art. 31 Appeals to Court of Appeal.
42. PART V
43. Art. 32 Effect on other laws.
44. Art. 33 Official secrecy.
45. Art. 34 Cumulative incentives and choice.
46. Art. 35 Records and certification.
47. Art. 36 Certain reserve funds.
48. Art. 37 Powers of the Corporation and other authorities.
49. PART VI
50. Art. 38 Penalty for offences against official secrecy.
51. Art. 39 Penalty for making incorrect statements, etc.
52. Art. 40 Provisions relating to fraud, etc.
53. Art. 41 General penalty.
54. Art. 42 Provision with respect to offences.
55. Art. 43 Prescription of proceedings for offences.
56. PART VII
57. Art. 57 State Aid Monitoring Board.
58. Art. 58 Functions and powers of the Board.
59. Art. 58A Power to make regulations.
60. PART VIII
61. Art. 59 Power to make regulations.
62. Art. 59A Power to make regulations with respect to exclusive economic zone area or environment protection area.
63. Art. 60 Exercise of the Corporation’s functions under this Act.
64. Art. 61 Transitory provisions relating to the Aids to Industries Ordinance.