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Budget Measures Implementation (2004) Act (subsidiary legislation is still being compiled) (Cap. 469) Consolidated

BUDGET MEASURES IMPLEMENTATION (2004) [ CAP. 469. 1

CHAPTER 469

BUDGET MEASURES

IMPLEMENTATION (2004) ACT

To implement various budget measures and other administrative measures.

1st January, 2004

ACT II of 2004, as amended by Legal Notice 427 of 2007 and Act I of

2010.

1. The short title of this Act is the Budget Measures

Implementation (2004) Act.
PART I

2. The provisions of this Part shall be deemed to have come into force on the 1st January, 2004.

3. For the purpose of this Part, "revenue" has the same meaning as is assigned to it in article 2 of the Financi a l Administration and Audit Act, but does not include proceeds from loans.

4. (1) Subject to the provisions of this Act, the Government of Malta may raise in Malta, by way of loan, a sum of money not exceeding two hundred and thirty-two million and nine hundred and thirty-seven thousand and three hundred and thirty-nine euro and eighty-six cents (232,937,339.86).

(2) For the purpose of raising the aforesaid loan the Minister responsible for finance is hereby authorised to issue stock in Malta und er t he p rov isio ns of t he Local Loans (Registered St ock and Securities) Ordinance on su ch term s and cond ition s as th e said Minister may approve.

Short title.

Coming into force of this Part.

Interpretation. Cap. 174.

Authority to raise loan.

Amended by:

L.N. 427 of 2007.

Cap. 161.

5. Any money borrowed under the authority of this Part shall be appropria ted and applied for the purpose of meeting excess expenditure over revenue incurred in the Consolidated Fund during the year 2003 and that projected to be incurred during the year 2004 or during subsequent years.

PART II

6. All amendments are in force and have been inserted in the

Act accordingly.

PART III

All amendments are in force and have been inserted in the Act accordingly.

Purpose.

Amendment of the Income Tax Act. Cap. 123.

Amendment of Social Security Act.

Cap. 318.

2 [ CAP. 469. BUDGET MEASURES IMPLEMENTATION (2004)

Amendment of the Import Duties Act. Cap 337.

Amendment of the Duty on Documents and Transfers Act.

Cap. 364.

Amendment of the Motor Vehicles Registration and Licensing Act. Cap. 368.

Amendment of the Income Tax Management Act. Cap. 372.

Amendment of Excise Duty Act. Cap. 382.

Amendment of Companies Act. Cap. 386.

Amendment of the Value Added Tax Act.

Cap. 406.

Amendment

of the Accountancy

Profession

(Amendment) Act

2003, Act XIV of

2003.

Amendment of article 6 of the principal Act.

PART IV

All amendments are in force and have been inserted in the Act accordingly.

PART V

All amendments are in force and have been inserted in the Act accordingly.

PART VI

All amendments are in force and have been inserted in the Act accordingly.

PART VII

All amendments are in force and have been inserted in the Act accordingly; article 48 (which never came into force) was repealed by Act. I. 2010.72.

PART VIII

All amendments are in force and have been inserted in the Act accordingly.

PART IX

All amendments are in force and have been inserted in the Act accordingly.

PART X

All amendments are in force and have been inserted in the Act accordingly.

PART XI
68. (1) This Part amends the Accountancy Profession (Amendment) Act, 2003, and it shall be read and construed as one with the said A c countancy Profession (Amend ment) A c t, 2003, hereinafter in this Part referred to as "the principal Act".
(2) The provisions of this Part shall come into force on such date as the Minister responsible for finance may establish by notice in the Gazette.

69. In article 6 of the principal Act, in subarticle (4) in paragraph (d) thereof, for the words "chairman of the Board." there shall be su bsti tut e d t h e word s "ch a irman of th e Discip li nary Committee.".