Research and Development (Amendment) Regulations, 2020

L.N. 433 of 2020

MALTA ENTERPRISE ACT

(CAP. 463)

Research and Development (Amendment) Regulations, 2020

IN EXERCISE of the powers conferred by article 5 of the Malta

Enterprise Act, the Minister for the Economy, Investment and Small

Businesses, after consultation with the Malta Enterprise Corporation

and with the concurrence of the Minister for Finance and Financial

Services, has made the following regulations:-

(1) The title of these regulations is Research and Citation and

Development (Amendment) Regulations, 2020 and these regulations commencement.

shall be read and construed as one with the Research and S.L. 463. 35.

Development, Regulations, hereinafter referred to as the "principal

regulations".

(2)

These regulations shall be deemed to have come into force

on 1 st October 2020.

Regulation 5 of the principal regulations shall be Substitutes

substituted by the following new regulation

"5. (1) The Corporation may provide additional

assistance of up to twenty-five per cent (25%) of eligible

costs if the undertaking carries out an industrial research

project.

(2) A project may receive additional assistance of

not more than fifteen per cent (15%) of eligible costs of

up to a maximum aid intensity of eighty per cent (80%) of

eligible costs, if one of the following conditions is

fulfilled

(a) the

project

involves

effective

collaboration as outlined in the Guidelines;

(b) the results of the project are widely

disseminated through conferences, publications,

open access repositories, or free or open source

software within one (1) year of completion of the

project and such intention is declared at application

stage.".

Regulation 8 of the principal regulations shall be

Substitutes

regulation 8 of

substituted by the following new regulation

the principal

regulations.

"8. No aid will be granted under these regulations by the

Corporation after 31 st December, 2023.".

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