By Notary Cory Greenland The COVID-19 pandemic has altered society and the economy drastically; and the immovable property transfers sector undoubtedly was also impacted. On 8th June 2020 the Government of Malta announced a number of incentives applicable to both duty on documents/transfers (the tax levied on Transferees) and the Property Transfer Tax (levied on […]
New rules have been published through LN 121 of 2020 on the taxation on the assignment of rights acquired under a promise of sale for immovable property situate in Malta. Such rules shall be applicable to any assignments made: on or after 1 January 2020; through a written agreement which is signed by the assignor […]
On the 27th March 2020, the Court of Appeal in the case Middlesea Insurance plc vs Emanuel Ciantar et spoke about the extent of liability of an insurance company in vehicle collisions with respect to third party victims. The Court seemed to base its judgment after deliberating on the applicability of Subsidiary Legislation 403.13 to […]
Despite the Superintendent’s order for the closure of the Courts of Justice as from the 16th March, 2020 (Legal Notice 65 of 2020), the Constitutional Court on the 27th March 2020 delivered a landmark judgment when it comes to domestic violence. Presided by Chief Justice Joseph Azzopardi, Mr. Justice Giannino Caruana Demajo and Mr. Justice […]
It is evident that we are indeed witnessing extraordinary occurrences and this even within the legal realm. Following the number of legislative publications, it can be rightfully said that the national legal procedures are at a complete standstill. The past couple of weeks have shed light on various important amendments to the law in line […]
The Malta Development Bank (MDB) launched the MDB COVID-19 Guarantee Scheme (CGS). The Scheme guarantees loans granted by commercial banks in Malta to meet new working capital requirements of businesses facing cashflow disruptions due to the COVID-19 pandemic. The Scheme will enable commercial banks, accredited by the MDB, to leverage the €350 million guarantee fund […]
On the 27th March 2020, the Court of Appeal in its Superior Jurisdiction delivered a very important judgment in the names of Cyril Worley u Mary Rose Worley v.
Emanuel Ellul u Mary Ellul, 952/2012, focusing on the ‘contra scriptum testimonium non scriptum non fertur’ principle. In this case, the plaintiffs had originally filed a sworn […]
On the 8th November 2019, the Maltese parliament introduced and implemented new changes to the rent regulations for residential purposes i.e. the new Private Residential Leases Act, 2019. The legislation has implemented different provisions and seeks to regulate lease while promoting the development of the private sector. The act aims at implementing clarity, standards of […]