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S.L. 463.53 · Research And Development (2024) (S.L. 463.53)

S.L. 463.53 ст. 2Interpretation. Cap. 463.

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In these regulations, unless the context otherwise requires:

"Act" means the Malta Enterprise Act;

"aid intensity" means the gross aid amount expressed as a percentage of the eligible costs before any deduction of tax or other charge;

"Corporation" means Malta Enterprise as established by article 7 of the Act;

"eligible costs" means that expenditure that may qualify for assistance in terms of these regulations and as shall be further established in the Guidelines;

"experimental development" shall have the same meaning as assigned to it in Commission Regulation (EU) No 651/2014 of 17 June 2014 declaring certain categories of aid compatible with the internal market in application of Articles 107 and 108 of the Treaty, as amended from time to time;

"Guidelines" means such Guidelines as may be published by the Corporation from time to time in terms of the Act, establishing the parameters of implementing the aid granted by virtue of these regulations;

"industrial research" shall have the same meaning as assigned to it in Commission Regulation (EU) No 651/2014 of 17 June 2014 declaring certain categories of aid compatible with the internal market in application of Articles 107 and 108 of the Treaty, as amended from time to time;

"undertaking" shall have the same meaning as assigned to it in the Act.