sl_123.56

YOUTH CENTRES (EXEMPTION) ORDER

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Laws of Malta — Subsidiary Legislation 123.56 — YOUTH CENTRES (EXEMPTION) ORDER

YOUTH CENTRES (EXEMPTION)

SUBSIDIARY LEGISLATION 123.56

YOUTH CENTRES (EXEMPTION) ORDER

17th August, 2001

LEGAL NOTICE 185 of 2001.

Laws of Malta — Subsidiary Legislation 123.56 — YOUTH CENTRES (EXEMPTION) ORDER

The title of this Order is Youth Centres (Exemption) Order.

Laws of Malta — Subsidiary Legislation 123.56 — YOUTH CENTRES (EXEMPTION) ORDER

(1) The income of a youth club or youth centre, which is

organised and operated exclusively for pastoral purposes, shall,

upon approval of the Minister of Finance, be exempt from tax,

provided no part of its income is available for the personal benefit

of any proprietor or member thereof.

(2) The provisions of subarticle (1) do not exempt such youth

club or youth centre from the filling of income tax returns.