79 tal-1990
Statutory Text (2 Articles)
I •• N. 79 of 1990
MALTA INTERNATIONAL BUSINESS ACTIViTiES ACT, 1988
(ACT NO. XXXIV OF 1988)
roblla International Busine!iS Acthftia Ad (Amendmmt of Fees)
R"1u1atJ,om, IJ!Hl
IN exerci$e of the powe rs conferred by section 52 of the Malta
International Business Activities Act . 1988, the Minister for Develop-
ment of Tertiary Sector, on the advice of the Malta Intern atio nal Busi-
ness Authority , has made the following regulalloOS: -
I. These regulations may be cited lIS the Maila In ternational
Business Activities Act (Amendmen t of Fees) Regulatio ns, 1990, and
shall be read and const rued asone with the Ma lta International Business
Activities Act, 1988, hereinafte r referred 10 as "the Act " ,
For paragraph (t) of the First Schedule to the ACI, the re Shall
be substituted the following new paragTllph:-
.-
~
M(t)
in respect of a non-trading off-
shoreoompany -
Ci) which expressly lim its its
objects to tbe ownersbip.
manageme nt. administra·
tion. o r operation of a
ship or ships. which busi·
ness may include activi·
ties ancillary thereto ; or
(ii) only bolding sbares in. or
debenlUres o f. a company
or companies. as describ-
ed in sub-paragraph (i)
l OO~.
above ... . ...... . ........... .
....
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