MT
Regulations, 2011
Statutory Text (5 Articles)
L.N. 234 of 2011
VALUE ADDED TAX ACT
(CAP. 406)
Value Added Tax Act (Amendment of Thirteenth Schedule)
Regulations, 2011
IN exercise of the powers conferred by articles 51 and 75 of the
Value Added Tax Act, the Minister of Finance, the Economy and
Investment has made the following regulations:-
(1) The title of these regulations is the Value Added Tax Citation.
Act (Amendment of Thirteenth Schedule) Regulations, 2011, and
these regulations shall be read and construed as one with the
Thirteenth Schedule to the Value Added Tax Act, which Thirteenth Cap. 406.
Schedule is hereinafter in these regulations referred to as "the
Schedule".
(2) These regulations shall come into force on the 1st May,
2011.
In item 1 of the Schedule, immediately after the definition Amends item 1
of the Schedule.
"fiscal receipt" there shall be added the following new definition
" "fiscal taxi meter" means a meter which conforms with
the requirements specified in item 14 of this Schedule.".
Immediately after item 13 of the Schedule there shall be Adds new item
14 to the
added the following new item
Schedule.
"Fiscal taxi meter
(1) A fiscal taxi meter shall -
(a)
cater for the functions listed
in paragraph (2) of this item; and
(b) be of a type approved by
Transport Malta in terms of the
Technical Specifications published by
Transport Malta according to the Taxi
Service Regulations, or any other
regulations replacing those Regulations.
(2) The functions for which a fiscal taxi
meter must cater for the purpose of sub-
paragraph (a) of paragraph (1) of this item
are
(a)
printing of a receipt for the
supply made in each transaction
indicating -
(i)
the name and the Value
Added Tax registration number of
the supplier,
(ii)
the taxi permit number,
(iii) date and time of
supply,
(iv) serial
number
of
transaction,
(v)
the service supplied
and applicable rate,
(vi) the total, inclusive of
tax, of the consideration paid for the
supply,
(vii) the tax logo type as
specified by the Commissioner,
(viii) fiscal taxi meter serial
number,
(ix) and/or
such
other
details as the Commissioner may
require;
(b) storing of predefined data in
an
inaccessible
and
unalterable
memory.".
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