ACT No. VII of 2021 AN ACT to amend the Goldsmiths and Silversmiths Act, Cap. 46, the Malta Competition and Consumer Affairs Authority Act, Cap. 510 and other laws to assign the relative responsibility to the Malta Competition and Consumer Affairs Authority and to make ancillary

I assent.

(L.S.)

GEORGE VELLA

President

5th March, 2021

ACT No. VII of 2021

AN ACT to amend the Goldsmiths and Silversmiths Act, Cap. 46,

the Malta Competition and Consumer Affairs Authority Act, Cap. 510

and other laws to assign the relative responsibility to the Malta

Competition and Consumer Affairs Authority and to make ancillary

and consequential provisions thereto.

BE IT ENACTED by the President, by and with the advice and

consent of the House of Representatives, in this present Parliament

assembled, and by the authority of the same, as follows

(1) The short title of this Act is the Goldsmiths and

commencement.

Silversmiths Act and various other Laws (Amendment) Act, 2021.

(2) This Act shall come into force on such date as the Minister for

Finance and Employment may by notice in the Gazette establish, and

different dates may be so established for different provisions of this

Act.

Part I

Amendments to the Goldsmiths and Silversmiths Act

This Part amends the Goldsmiths and Silversmiths Act and it

shall be read and construed as one with the Goldsmiths and

Silversmiths Act, hereinafter in this Part referred to as "the principal

Act".

Article 2 of the principal Act shall be amended as follows

Amendment of

article 2 of the

principal Act.

(a) immediately after the definition "an alloy of precious

metal" there shall be added the following definition

" "Authority" means the Malta Competition and

Consumer Affairs Authority as established by article 3 of

the Malta Competition and Consumer Affairs Authority

Act;";

(b) the definition "Consul" shall be substituted by the

following

" "Consul" means the Consul for the Goldsmiths and

Silversmiths and the functions and duties of the Consul

shall be discharged by the Director General (Standards and

Metrology) or any public officer authorised in writing by

the Director General to discharge such duties;";

(c) the definition "Minister" shall be substituted by the

following

" "Minister", unless otherwise provided in this Act,

means the Minister responsible for the Authority;"; and

(d) immediately after the definition "standard mark"

there shall be added the following new definition

" "Standards and Metrology Institute" means the

national body established under Part VII of the Malta

Competition and Consumer Affairs Authority Act;".

Sub-article (1) of article 14 of the principal Act shall be Amendment of

article 14 of the

substituted by the following

principal Act.

"(1) Valuations shall be based on the prices prevailing on

the international market as prescribed.".

Part II

Amendments to the Malta Competition and Consumer Affairs

Authority Act

This Part amends the Malta Competition and Consumer Amendments to

Affairs Authority Act and it shall be read and construed as one with the the

Competition and

Malta Competition and Consumer Affairs Authority Act, hereinafter in Consumer

Affairs

this Part referred to as "the principal Act".

Authority Act.

Article 12 of the principal Act shall be amended as follows

(a) in the marginal note of sub-article (2) thereof,

immediately after the words "Cap. 430." there shall be added the

words "Cap. 46.";

(b) in sub-article (2) thereof, immediately after the

words "the Pesticides Control Act" there shall be added the

words ", the Goldsmiths and Silversmiths Act";

(c) in the marginal note of sub-article (3) thereof,

immediately after the words "Cap. 430." there shall be added the

words "Cap. 46.";

(d) in sub-article (3) thereof, immediately after the

words "the Pesticides Control Act" there shall be added the

words ", the Goldsmiths and Silversmiths Act";

(e) in the marginal note of sub-article (8) thereof,

immediately after the words "Cap. 430." there shall be added the

words "Cap. 46."; and

(f) in sub-article (8) thereof, immediately after the

words "the Pesticides Control Act" there shall be added the

words ", the Goldsmiths and Silversmiths Act".

Article 22 of the principal Act shall be amended as follows

(a) in paragraph (w) of sub-article (1) thereof, the word

"and" shall be deleted;

(b) in paragraph (x) of sub-article (1) thereof, the word

"thereunder." shall be substituted by the words "thereunder;

and"; and

(c) immediately after paragraph (x) of sub-article (1)

thereof there shall be added the following new paragraph

"(y) to generally exercise the responsibilities

assigned to it under the Goldsmiths and Silversmiths Act

and any other Act and regulations made thereunder.".

Part III

Amendments to the Commissioner for Revenue Act

This Part amends the Commissioner for Revenue Act and it

shall be read and construed as one with the Commissioner for Revenue

Act, hereinafter in this Part referred to as "the principal Act".

Article 2 of the principal Act shall be amended as follows

Amendment of

article 2 of the

principal Act.

(a) in the marginal note of the definition "revenue acts",

the words "Cap. 46." shall be deleted; and

(b) in the definition "revenue acts", the words "the

Goldsmiths and Silversmiths Act" shall be deleted.

Part IV

Amendments to the Goldsmiths and Silversmiths Regulations

This Part amends the Goldsmiths and Silversmiths Amendments to

Regulations and it shall be read and construed as one with the the

and Silversmiths

Goldsmiths and Silversmiths Regulations, hereinafter in this Part Regulations.

S.L. 46. 01.

referred to as "the principal regulations".

Regulation 14 of the principal regulations shall be amended as Amendment of

regulation 14 of

the principal

regulations.

(a) in sub-regulation (1) thereof, the words "Minister

responsible for finance" shall be substituted by the words

"Minister responsible for the Authority";

(b) in sub-regulation (2) thereof, immediately after the

word "Minister " there shall be added the words "responsible for

the Authority";

(c) sub-regulation (3) thereof shall be substituted by the

following

"(3) The second assay shall be carried out in the

presence of the person applying for it, if he so requires, and

it shall be conducted by a Board made up of a professor of

Chemistry in the University of Malta or some other expert

designated by the Minister responsible for the Authority, in

either case assisted by the Consul and by an experienced

artificer also appointed by the Minister responsible for the

Authority."; and

(d) in sub-regulation (5) thereof, the words "Minister

responsible for Finance" shall be substituted by the words

"Minister responsible for the Authority".

In regulation 15 of the principal regulations the words Amendment of

"Minister responsible for Finance" shall be substituted by the words regulation

the principal

"Minister responsible for the Authority".

regulations.

Regulation 25 of the principal regulations shall be substituted

by the following

"25. The official prices of gold and silver shall be based

on the latest international prices as officially published by the

Central Bank of Malta and converted from troy ounces to grams

using the conversion rate established in Directive 80/181/EEC.".

Passed by the House of Representatives at Sitting No. 434 of the

2nd March 2021.

ANĠLU FARRUGIA

Speaker

RAYMOND SCICLUNA

Clerk of the House of Representatives

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