Business Promotion (Amendment) (No. 3) Regulations, 2005

L.N. 370 of 2005

BUSINESS PROMOTION ACT

(CAP. 325)

Business Promotion (Amendment) (No. 3) Regulations, 2005

IN exercise of the powers conferred by article 59 of the Business

Promotion Act, the Minister for Investment, Industry and Information

Technology has made the following regulations:-

(1) The title of these regulations is the Business Citation and

commencement.

Promotion (Amendment) (No. 3) Regulations, 2005, and they shall

be read and construed as one with the Business Promotion

Regulations, 2001, hereinafter referred to as “the principal L.N. 135 of 2001.

regulations”.

(2) These regulations shall come into force on the 1 st

January, 2006.

Regulation 14 of the principal regulations, shall be amended Amends regulation

14 of the principal

as follows

regulations

(a) in sub-regulation (1) for the words “is a full-time

employee” there shall be substituted the words “is a full-time

or part-time employee, whether employed under an indefinite

or definite contract”;

(b) in sub-paragraph (i) of sub-regulation (1)(a), for the

words “not general training”, there shall be substituted the words

“specific training”;

(c) in sub-paragraph (i) of sub-regulation (1)(b), for the

words “not general training”, there shall be substituted the words

“specific training”;

(d)

sub-regulation (2) shall be amended as follows

(i)

paragraphs (c) and (d) shall be deleted;

(ii) paragraphs (e) and (f) shall be renumbered as

paragraphs (c) and (d) respectively; and

(iii) in paragraph (d) as renumbered, the words “up

to the amount of the total of the other eligible costs referred

to in paragraphs (a) to (e)” shall be deleted; and

(e) for sub-regulation (3) there shall be substituted the

following

“(3)

In this regulation

(a) “general training” means training that

provides qualifications or skills that are transferable

to other enterprises or fields of work and thereby

improving the employability of an employee; and

(b) “specific training” means training

involving tuition which is applicable only to the

employee’s present or future position within the

enterprise to which the grant is given.”.

Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press