Cap. 565 ст. 12Industrial premises. Cap. 325. Annual Return. Amended: XXXVII.2018.2.

When a registered family business is occupying industrial government premises or land on lease or emphyteusis respectively as prescribed under the Business Promotion Act and subject to the business satisfying all the conditions of the tenancy agreement or emphyteutical deed, the Regulator shall recommend to the Malta Enterprise Corporation and, or Malta Industrial Parks to renew the incentive by virtue of its registration under this Act shall submit the

Annual Return found in the First Schedule to the Regulator by the end of the calendar year. In default there shall be a penalty of twenty-five euro (€25) for each month of delay. In the event of non-compliance for a year, registration shall be duly cancelled and all benefits shall be refunded and reimbursed immediately.

(2) The annual return for a family business shall cover a calendar year from the first day of registration up until one year from the registration date.