Tax Credit (Higher Educational Qualifications)

L.N. 286 of 2021

INCOME TAX ACT

(CAP. 123)

Tax Credit (Higher Educational Qualifications)

(Amendment) Rules, 2021

IN EXERCISE of the powers conferred by articles 12 and 96 of

the Income Tax Act, the Minister for Finance and Employment, with

the concurrence of the Minister for Energy, Enterprise and Sustainable

Development and Malta Enterprise, has made the following rules:-

(1) The title of these rules is the Tax Credits (Higher

commencement.

Educational Qualifications) (Amendment) Rules, 2021 and these rules

shall be read and construed as one with the Tax Credit (Higher

Educational Qualifications Rules, hereinafter referred to as "the

principal rules".

(2)

These rules shall be deemed to have come into force on the

1 st May, 2021.

In rule 2 of the principal rules, immediately after the

definition "the Act" there shall be added the following new definition

" "Corporation" means the Malta Enterprise established in

terms of the Malta Enterprise Act;".

In sub-rules (2) and (3) of rule 3 of the principal rules, the

word "Commissioner" shall be substituted by the words "the

Commissioner and, or the Corporation".

€0.09