Financial Incentives for the Audiovisual Industry

L.N. 100 of 2013

MALTA FILM COMMISSION ACT

(CAP. 478)

Financial Incentives for the Audiovisual Industry

(Amendment) Regulations, 2013

IN EXERCISE of the powers conferred by articles 26(1) and 33

of the Malta Film Commission Act, the Minister of Finance, the

Economy and Investment, has made the following regulations:-

The title of these regulations is the Financial Incentives for

the Audiovisual Industry (Amendment) Regulations, 2013 and these

regulations shall be read and construed as one with the Financial

Incentives for the Audiovisual Industry Regulations, hereinafter

referred to as the "principal regulations".

Sub-regulation (4) of regulation 5 of the principal

regulations shall be substituted by the following

"(4) Notwithstanding the provisions of sub-regulation

(1), rebates for difficult and low-budget productions may

amount to a cash grant of up to thirty-two percent of eligible

expenditure, and shall be exempted from the provisions of the

provisos to the said sub-regulation (1).".

In regulation 10 of the principal regulations, for the words

"31st December 2012" there shall be substituted the words "31st

December 2013".

€0.09