Month: July 2023

Applying for an Extension on Expired or Expiring Emphyteutical Concessions granted by the Government of Malta

On the 14th of July 2023, a legal notice titled “Expired or Expiring Emphyteutical Concessions Regulations 2023” (L.N. 161 of 2023), was published with immediate effect, introducing a system in which expired or expiring temporary or sub-emphyteutical concessions of land (whether residential, agricultural or commercial), which were originally granted by the Government of Malta or […]
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Interest on Late Payments in Commercial Transactions Increases to 12%

With the scope of encouraging enterprises and public authorities to comply with payment deadlines in commercial transactions, and to ensure the smooth functioning of the European single market, Directive 2011/7/EU of the European Parliament and of the Council of 16th February 2011 on combating late payment in commercial transactions was implemented. This Directive was transposed […]
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