Cap. 325 Art. 23Industry in Gozo.

(1) The provisions of this article shall apply in the case of any qualifying company where the Corporation is satisfied that all or part of the activities of the company (hereinafter referred to as

"Gozo company") are being carried on or carried out in Gozo.

(2) The Corporation shall give a grant to a Gozo company to cover the actual, additional and necessary transport costs incurred by the company in transporting:

(a) between Malta and Gozo machinery, plant, materials, goods or products connected with its activities in Gozo related to export;

(b) from Malta to Gozo material connected with its activities in Gozo whether such activities are related to export or not.

(3) Where a Gozo company satisfies the condition laid down in article 4(1)(b), the Corporation shall give a grant to the company to cover the actual, additional and necessary costs incurred by the company to accommodate in Gozo persons who are not ordinarily resident in Gozo and who occupy senior managerial or technical positions, which grant shall be limited to a period of three consecutive years: Provided that the grant shall not exceed €3,494.06 per in respect of any single employee nor €11,646.87 to the annum company in any one year.

(4) The maximum period in respect of which a training grant may be given under the provisions of article 19 shall be extended to three years in the case of an employee of a Gozo company undergoing training if such employee was ordinarily resident in Gozo for a period of not less than one year immediately before the commencement of his training.

(5) Grants received by a Gozo company under this article shall not constitute taxable receipts under the Income Tax Act.

(6) With effect from such date as may be determined by the * Minister by order in the Gazette :

(a) subarticle (2)(a) shall be applicable to all activities whether or not these are related to export;

(b) subarticle (3) shall apply without the requirement of the qualifying company to satisfy the conditions of article 4(1)(b); and

(c) subarticle (4) shall only apply to training programmes approved by the Corporation prior to that date.