Innovative Technology Arrangements and Services (Fees)

L.N. 268 of 2023

INNOVATIVE TECHNOLOGY ARRANGEMENTS AND

SERVICES ACT

(CAP. 592)

Innovative Technology Arrangements and Services (Fees)

(Amendment) Regulations, 2023

IN EXERCISE of the powers conferred by article 20 of the

Innovative Technology Arrangements and Services Act, the Minister

responsible for Digital Economy, acting on the advice of the Malta

Digital Innovation Authority, has made the following regulations:-

The title of these regulations is the Innovative Technology Citation.

Arrangements and Services (Fees) (Amendment) Regulations, 2023 and

these regulations shall be read and construed as one with the Innovative S.L. 592.01.

Technology Arrangements and Services (Fees) Regulations, hereinafter

referred to as "the principal regulations".

The Schedule to the principal regulations shall be Substitutes the

Schedule to the

substituted by the following new schedule

principal

regulations.

"SCHEDULE

(regulation 2)

Fees

Certification of innovative technology arrangements

Processing fee

Stage 1: initial processing fee - payable

€2,000

concurrently

with the submission

of the

application

Stage 2: the systems audit leading to innovative

€3,000

technology arrangement certification - payable

concurrently with the submission of systems audit

report

Certification fee and renewal fee

C ertification fee of €40,000 is valid for two (2)

€40,000

years. Before the lapse of that two (2) year period,

certified innovative technology arrangements

require the renewal of their certification for a

further period of two (2) years, subject to a

renewal fee of €40,000.

Registration Fees

Initial processing

Registration fee *

fee

Registration of

€1,500

€1,500

Systems auditors having up to five (5) subject

matter experts.

The initial processing fee for the registration of a

systems auditor is increased by €500 for every

additional subject matter expert in excess of five

(5) subject matter experts.

€500

€1,000

Technical administrators

*Valid for a period of two ( 2) years. After the expiry of this period systems auditors and tech-

nical administrators need to renew their registration for a further period of two (2) years, in

which case the initial processing fee shall not apply, and this without prejudice to the initial

processing fee applicable to any newly added subject matter expert.

Other fees

Submission of systems audit report

Systems audit report processing fee

€3,000

Appointment of resident agents

One-time processing fee

€250

Fees in relation to material changes in

Software

€1,000

Rights of users

€500

Rights, authorisation or powers of a technical

€500

administrator or the Malta Digital Innovation

Authority, payable by the applicant

Technical Administrator

€500

Administrator of a relevant legal organisation

€1,500

Qualifying shareholders

€1,500

Subject matter experts

€500

€500 ".

Person in respect of whom certification or

certificate of registration has been issued

€0.18