ASSISTANCE TO BUSINESS START (2024) REGULATIONS

ASSISTANCE TO BUSINESS START (2024)

SUBSIDIARY LEGISLATION 463.49

ASSISTANCE TO BUSINESS START (2024)

REGULATIONS

1 st January, 2024

LEGAL NOTICE 49 of 2024.

The title of these regulations is the Assistance to

Business Start (2024) Regulations.

In these regulations, unless the context otherwise

requires

"Act" means the Malta Enterprise Act;

"Corporation" means Malta Enterprise as established by

article 7 of the Act;

"eligible undertaking" shall have the meaning attributed

to it by the Guidelines;

"Guidelines" means such Guidelines as may be published

by the Corporation from time to time in terms of the Act,

establishing the parameters of implementing the aid granted by

virtue of these regulations.

Where the Corporation is satisfied that the undertaking is

an eligible undertaking as prescribed within the Guidelines, the

Corporation may provide assistance to such undertakings in

accordance with the terms and conditions set out in the Guidelines.

(1)

Applications for assistance to support eligible

undertakings under these regulations shall reach the Corporation by

not later than 30 th October 2026.

(2)

No assistance under these regulations shall be awarded

by the Corporation after 31 st December 2026.

In the eventuality that a new scheme is issued, the

provisions in respect of which the assistance was granted prior to the

issuance of the new scheme shall continue to apply thereto.