Cap. 123 ст. 76Double taxation arrangements.

(1) If the Minister responsible for finance by order declares that arrangements specified in the order have been made with the Government of any territory outside Malta with a view to -

(a) affording relief from double taxation in relation to income tax and any tax of a similar character imposed by the laws of that territory;

(b) preventing fiscal evasion;

(c) giving assistance in the collection of tax;

and that it is expedient that those arrangements should have effect, the arrangements shall have effect notwithstanding anything in this or any other enactment.

(2) On the making of an order under this article with respect to arrangements relating to any territory forming part of the Commonwealth, article 89 shall cease to have effect as respects that territory except in so far as the arrangements otherwise provide.

(3) An order made under this article may be revoked by a subsequent order.

(4) The Minister responsible for finance may make rules for carrying out the provisions of any arrangements having effect under this article. In particular, with regard to arrangements for the prevention of fiscal evasion, rules may be made in relation to -

(a) the availability of applicable information;

(b) the access to applicable information;

(c) the mechanism of exchange of information;

(d) appropriate rights and safeguards; and enforcement provisions (including applicable penalties).