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Corporate and M&A

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Amendments to the Consumer Affairs Act – new procedural safeguards for traders in public enforcement proceedings Corporate and M&A

Amendments to the Consumer Affairs Act – new procedural safeguards for traders in public enforcement proceedings

This article was written by Dr Annalies Muscat and Dr Laura SpiteriOn the 31 May 2019, Parliament enacted the Competition Act and Consumer Affairs Act and other Laws (Amendment) Act ("the Amendment Act").As the name implies, the Amendment Act amends not only the Competition Act (read more here), but also the Consumer Affairs Act ("the Act"). It is clear that following the Constitutional Court judgments in Federation of Estate Agents v Direttur Generali (Kompetizzjoni) et of 3 May 2016 and Thake et vs Electoral Commission of 8 October 2018 the need to amend the Consumer Affairs Act was felt. These…
Annalies Muscat
9th July 2019
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Circular Economy: Directive on Single-use Plastics comes into force Corporate and M&A

Circular Economy: Directive on Single-use Plastics comes into force

This article was written by Dr Annalies Muscat and Dr Laura SpiteriOn 2 July 2019, Directive 2019/904 on the reduction of the impact of plastic products on the environment (the 'Directive') came into force. The Directive aims to prevent and reduce the impact of certain plastic products on the environment (1) and, in so doing, promotes the transition to a circular economy that seeks to give priority to sustainable and non-toxic re-usable products and re-use systems as opposed to single-use plastic products. (2) Single-use plastic products are those products manufactured wholly or partly from plastic that is not designed or placed on…
Annalies Muscat
4th July 2019
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Circular Economy: Directive on Single-use Plastics comes into force Corporate and M&A

Circular Economy: Directive on Single-use Plastics comes into force

This article was written by Dr Annalies Muscat and Dr Laura SpiteriOn 2 July 2019, Directive 2019/904 on the reduction of the impact of plastic products on the environment (the 'Directive') came into force. The Directive aims to prevent and reduce the impact of certain plastic products on the environment (1) and, in so doing, promotes the transition to a circular economy that seeks to give priority to sustainable and non-toxic re-usable products and re-use systems as opposed to single-use plastic products. (2) Single-use plastic products are those products manufactured wholly or partly from plastic that is not designed or placed on…
Annalies Muscat
4th July 2019
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Mamo TCV Senior Partner Prof. Andrew Muscat publishes second edition of his “Principles of Maltese Company Law”. Corporate and M&ANews

Mamo TCV Senior Partner Prof. Andrew Muscat publishes second edition of his “Principles of Maltese Company Law”.

The much-awaited second edition of Prof. Andrew Muscat's "Principles of Company Law" - regarded as the go-to textbook for academics and practitioners, among others - has been published.This comprehensive and authoritative treatise offers an in-depth account of the fundamental principles of company law. The book blends theory with practice and is the end product of extensive academic research conducted in this field of law combined with the author's years of experience as a corporate lawyer. This second edition of Prof. Muscat's work again focuses on the main principles of Maltese company law and has been meticulously updated and revised to include…
MamoTCV Advocates
3rd May 2019
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New Regulations on the Importation of Plant Material from Foreign Countries Corporate and M&A

New Regulations on the Importation of Plant Material from Foreign Countries

If one wishes to import foreign plants into Malta or Gozo, it would be worth noting the new Propagation Material of Ornamental Plants Regulations (the "Regulations").  These Regulations came into force on the 5th October 2018 and ensure that any propagation material of ornamental plants produced or placed on the Maltese market meet predetermined standards of quality. Commission Directives 1993/49/EEC,  1998/56/EC,  1999/67/EC,  1999/68/EC  and Commission Implementing Directive (EU) 2018/484 have been transposed by virtue of the Regulations. These instruments were enacted at EU level to harmonize the health and quality standards of plants circulating within the free market. All biological…
Mark Soler
6th March 2019
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Regulations to Relieve Stamp Duty on Transfers of Business Property Corporate and M&A

Regulations to Relieve Stamp Duty on Transfers of Business Property

The Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) Order (the "Order"),  recently amended by Legal Notice 412 of 2018,  introduces a reduced rate of duty for gratuitous transfers of business property. The aim is to partially relieve the burden placed on individuals who intend to transfer immovable property forming part of a family business.The Order applies, inter alia, to individuals transferring, by gratuitous title, immovable property being a commercial tenement as defined in article 1525 of the Civil Code, that had been used in a family business as defined in the Family Business Act…
Mark Soler
1st March 2019