ln_1989_167

MT

Rt'gulallons, 1989

2 Articles / Provisions · Malta

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Statutory Text (2 Articles)

Malta Government Gazette — Legal Notice 1989 167 — Rt'gulallons, 1989

Preamble — Rt'gulallons, 1989 Open official source

LN. 167 of 1989

MALTA INTERNATIONAL BUS INESS

ACTIVITI t:S ACf. 1988

(ACT NO. XXXIV OF 1988)

Malta Internationa l Busl nrss Activllies (SubliUtuUon or First Sc:hedule)

Rt'gulallons, 1989

IN exercise o f Ihe powers confe rred by scaion 52 of the Maha

International Business AC1 ivi ties Act, 1988. the Minister fo r

Developme nt of Tertiary Sector, on the advice of the Malta

International Business Authority, has made the following regula·

tiolls:-

I. These regulations may be cited as Ihe Malta Intern ati onal O .. ,ioo.

Business Activities (SUbslillllion of Firsl Schedule) Regulations, 1989

and shall be read and construc<i as o nc with the Malta International

Business Activities Ac!. 1988. hereinafter referred 10 as Ml hc princip.11

Act".

Malta Government Gazette — Legal Notice 1989 167 — Rt'gulallons, 1989

Reg. 2 Suborit.tes ~i ... Sd!ed.k ",,"" — Rt'gulallons, 1989 Open official source

For the First Sl.:hedule 10 the prin cipal Act , there shall be

substit uted the followillg new Schedule

" FI RST SC I-I EDU LE

(Section 25)

Fus payable by Offshore Componies

ON

A.'"lIo"UAl

REGISl1I.AT1()N

FEE

~

~

(a) In respect of a banking offshore

com pany -

25.WI

25,WI

in respect of an insurance offshore

(b)

company, ot he r tha n a capt ive

S.WI

S.WI

insu rance o ffshore compan y -

.. .

(c)

respect of a trading offshore

ID

S,WI

S.WI

company for collectivc invest ment

(d) in respect of • captive in5unlorlce

I,WI

offshore company -

1,00l

(e) ID respect of a ge ne ral trad ing

offshore oompan y other than a

company referred 10 in paragraph

(c) abovc -

1,000

1.000

(t) in respect of a non-trading offshore

company only owning a ship or

ships. andlor holding shares in . or

debe ntures of, a company owni ng ~

''''

ship o r ships - ...... . .. .. .... ..... .. .

lOO

(8) in respect of a nOIl-tradi ng offshore

com pan y ot he r Ihan a co mpany

refe rred to in paragraph (f)

500.-.

aoove - .. ............................. .

lppubb!i~", ",OI·[>;po.nim<n'''· Hnf""" .... joni

K ... il;' _ hbJi.<~...tb,.., ~p.".,w •• ""/~fm riM

~

P,;."J .. "" Gow'-'" P""""z ,.,....

Mi't>o&Jb n . humporij. " ,1-(:; • .,.