DONATIONS (COMMUNITY CHEST FUND) RULES

DONATIONS (COMMUNITY CHEST FUND)

SUBSIDIARY LEGISLATION 123.162

DONATIONS (COMMUNITY CHEST FUND) RULES

28th November, 2014

LEGAL NOTICE 412 of 2014, as amended by Legal Notices 2 of 2016, 2,

and 343 of 2017, 321 of 2018, 325 of 2019, 63 of 2021, 103 of 2022 and 62

of 2023.

(1) The title of these rules is the Donations (Community

Chest Fund) Rules.

(2) These rules shall be deemed to have come into force as

from the year of assessment 2015.

(1)

These rules shall apply only to companies as defined in

the Act.

(2)

Repealed by Legal Notice 62 of 2023.

(1) Where a company makes a cash donation of not less

than two thousand euro (€2000) to the Malta Community Chest

Fund, such donation may be claimed as a deduction against its

income for the relative year of assessment, provided that a relevant

signed certificate in respect of such donation has been issued by the

secretary of the Malta Community Chest Fund and is attached to

and submitted together with the income tax return for the year.

(2) The certificate referred to in sub-rule (1) shall show the

date of the donation, the name and company registration number of

the donor and the value of the donation.

(3) The deduction as aforesaid shall only be allowed where the

Malta Community Chest Fund has forwarded the details of all

qualifying donations to the Commissioner by the 30th June of the

year following that in which the donations were made.