MT
Gaming Licence Fees (Amendment) Regulations, 2019
Statutory Text (5 Articles)
L.N. 266 of 2019
GAMING ACT
(CAP. 583)
Gaming Licence Fees (Amendment) Regulations, 2019
IN EXERCISE of the powers conferred by article article 12(d) of
the Gaming Act, the Parliamentary Secretary for Financial Services,
Digital Economy and Innovation, in consultation with the Malta
Gaming Authority, has made the following regulations
The title of these regulations is the Gaming Licence Fees Citation.
(Amendment) Regulations, 2019 and these regulations shall be read
and construed as one with the Gaming Licence Fees Regulations, S.L. 583.03
hereinafter referred to as the "principal regulations".
These regulations shall apply in relation to applicants who Applicability.
apply as a start-up undertaking and licensees which will be adding a
gaming vertical on or after 1st January 2020.
Sub-regulation (2) of regulation 9 of the principal Amends
regulation 9 of
regulations shall be amended as follows
the principal
regulations.
(a) paragraph (e) thereof shall be substituted by the
following
"(e) that person has generated actual revenue from
the same, or a related, sector during the previous thirty-six
months amounting to less than ten million euro
(€10,000,000)
Provided that where the financial period cannot
be determined or is not applicable, the previous thirty-six
(36) calendar months shall be taken into consideration;";
and
(b) paragraph (f) thereof shall be substituted by the
following
"(f) that person is not part of, or controlled by, a
corporate group whose actual revenue in the same, or a
related sector within the previous thirty-six months exceeds
ten million euro (€10,000,000)
Provided that where the financial period cannot
be determined or is not applicable, the previous thirty-six
(36) calendar months shall be taken into consideration;
and".
In the Fourth Schedule to the principal regulations, the
words "Request for the addition of a new game type" shall be
substituted by the words "Request for the addition of a new game
€0.18