Cap. 325 Art. 26Powers of the President of Malta.

No incentive or benefit contemplated by this Act shall be enjoyed by any qualifying company or other beneficiary for any year or year of assessment if the President of Malta by order in writing declares that the grant or acquisition or continued grant and acquisition of such incentive or benefit is or would be against public policy (ordre public), and where such an order is made it shall have effect as from the date therein specified but in no case shall an order have retrospective effect.