WorldLII Home | Databases | WorldLII | Search | Feedback

Maltese Laws
You are here:  WorldLII >> Databases >> Maltese Laws >> Port Workers Ordinance (Cap. 171) Port Workers (Amendment) Regulations, 2010 (L.N. 67 Of 2010 )

Database Search | Name Search | Noteup | Download | Help

Port Workers Ordinance (Cap. 171) Port Workers (Amendment) Regulations, 2010 (L.N. 67 Of 2010 )



L.N. 67 of 2010

VERŻJONI ELETTRONIKA

B 697

PORT WORKERS ORDINANCE (CAP. 171)Port Workers (Amendment) Regulations, 2010

IN exercise of the powers conferred by article 17 of the Port Workers Ordinance, the Minister for Infrastructure, Transport and Communications has made the following regulations:

1. (1) The title of these regulations is the Port Workers (Amendment) Regulations, 2010 and they shall be read and construed as one with the Port Workers Regulations, 1993, hereinafter referred to as “the principal regulations”.

(2) These regulations shall be deemed to have come into force on the 1st February, 2010.

2. Immediately after the definition “accompanied motor vehicle” in regulation 2 of the principal regulations, there shall be added the following new definition:

“ “actuary” means an independent person who holds appropriate practical experience as an actuary and is a fellow of an institute of actuaries, or a fellow of a faculty of actuaries, or holds actuarial qualifications of a similar standing with an institute of repute recognised for such purposes by the Malta Financial Services Authority established under the Malta Financial Services Authority Act;”.

3. For regulation 35 of the principal regulations there shall be substituted the following:

“ 3 5 . T h e C o m m i t t e e s h a l l a d o p t a n i n v e s t m e n t strategy for the Fund based on appropriate due diligence and professional advice from duly regulated entities in terms of the local legal framework. The Committee may make recommendations to the Minister for his approval to invest money remitted to the Fund in line with such investment strategy.”.

4. In regulation 36A of the principal regulations, for the words “regulator for financial services in Malta” there shall be substituted the word “Committee”.

Citation and commencement.

L.N. 90 of 1993

.

Amends regulation

2 of the principal regulations.

Cap. 330.

Substitutes regulation

35 of the principal regulations.

Amends regulation

36A of the principal regulations.

B 698 VERŻJONI ELETTRONIKA

Amends regulation

43 of the principal regulations.

Amends the First Schedule to the principal regulations.

Amends the Second Schedule to the principal regulations.

5. For sub-regulation (3) of regulation 43 of the principal regulations there shall be substituted the following:

“(3) The heirs of a registered port worker who dies after the 1st June, 2007 shall receive a gratuity equivalent to three years of earnings. The earnings that have to be considered for the purpose of the computation of this gratuity shall be the average earnings of all the registered port workers for the year preceding the death of the registered port worker. The difference between the amount due in respect of the gratuity and all insurance proceeds shall be paid from the Fund.”.

6. In the Maltese text of the First Schedule to the principal regulations, for the words “Ħaddiema tax Xatt” there shall be substituted the words “Ħaddiema tal-Port”.7. In the Maltese text of Part II of the Second Schedule to the principal regulations, in the last sentence thereof, for the words “Il-ħaddiema tax-xatt” there shall be substituted the words “Il- ħaddiema tal-port”.Ippubblikat mid-Dipartiment tal-Informazzjoni (doi.gov.mt) — Valletta — Published by the Department of Information (doi.gov.mt) — VallettaMitbugħ fl-Istamperija tal-Gvern fuq karta riċiklata — Printed at the Government Printing Press on recycled paperPrezz/Price€0.19

WorldLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.worldlii.org/mt/legis/laws/pwo171pwr201067o2010678