Gauci-Maistre Xynou (Legal | Assurance) | View firm profile
Legal Notice 384 of 2018, Individual Investor Programme of the
Republic of Malta (Amendment) Regulations, 2018, and Legal Notice 385 of
2018, Malta Individual Investor Programme Agency (Establishment)
(Amendment) Order, 2018 were published on the 16th November
2018 in the Government Gazette, with the aim of setting up a new and separate
agency which will be responsible for the Malta citizenship by investment
programme.
These Regulations are to be read as one with the
Individual Investor Programme of the Republic of Malta Regulations, S.L.
188.03 and they substitute all references to Identity Malta in the Principal
Regulations with references to the Malta Individual Investor Programme Agency.
Legal Notice 385 of 2018, on the other hand shall
be read as one with the Malta Individual Investor Programme Agency
(Establishment) Order, S.L. 497.25 and adds provisions to the effect of
having any application/ process undertaken or under the authority of Identity
Malta which is in relation to the Individual Investor Programme assigned to the
‘new’ agency. The Legal Notice makes provisions for the continuance of such
applications, rights or obligations, and legal proceedings with the Agency as a
replacement of Identity Malta.
Should you wish
further clarification get in touch with GMX