Extension for reduced rate of stamp duty on the transfer of a family business

Extension for reduced rate of stamp duty on the transfer of a family business
The reduced rate of stamp duty applicable to the transfer of shares in a family business from 2% to 1.5% has been extended for a further period of six months until 30th September 2018, in accordance with Legal Notice 82 of 2018 entitled Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) Order.The reduction in stamp duty applies in relation to:​The transfer of shares in a Maltese registered company and includes the transfer by means of donation by qualifying family members, which is defined as being a donation to one's s...
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The ‘New Deal for Consumers’ – better consumer protection within the EU

The ‘New Deal for Consumers’ – better consumer protection within the EU
On 11 April 2018, the European Commission adopted the New Deal for Consumers – a package composed of two proposals for Directives and a Communication.The proposed Directives concern: (i) representative actions for the protection of the collective interests of consumers, and the repeal of the Injunctions Directive; and (ii) amendments to the Unfair Contract Terms Directive, Price Indications Directive, Unfair Commercial Practices Directive and the Consumer Rights Directive.Whilst the first proposal is aimed at improving the tools to stop illegal practices and facil...
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Mamo TCV Advocates at the Annual Consumer Law Conference

Mamo TCV Advocates at the Annual Consumer Law Conference
Dr Annalies Muscat, a senior associate, gave a presentation entitled 'Protecting the consumer in the digital marketplace – where are we so far?' at the Annual Consumer Law Conference, which is held on World Consumer Rights Day, 15 March.The Conference is organised jointly by the Department of Commercial Law, within the Faculty of Laws at the University of Malta, and the Malta Law Academy of the Chamber of Advocates, Malta. The theme of this year's conference was 'Consumer Protection: The Struggle Continues!'.Dr Muscat's presentation focused on how the consumer ope...
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Social Networks: When are you a consumer?

Social Networks: When are you a consumer?
In Case C-498/16 Maximilian Schrems v Facebook Ireland Limited (nyr, 25 January 2018), the Court of Justice of the European Union (CJEU) had to decide when an individual who uses a social network for different purposes qualifies as a consumer.Schrems is a privacy activist, particularly against Facebook. He brought an action before the Austrian courts against Facebook alleging various breaches of privacy laws.The issue arose whether (i) Schrems could be considered a 'consumer'; and (ii) whether he could bring an action on the basis of the Brussels I Regulation on b...
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Malta: Bill for the Production of Cannabis for Medicinal Use

Malta: Bill for the Production of Cannabis for Medicinal Use
Malta: Bill for the Production of Cannabis for Medicinal Use Production of Cannabis for Medicinal Use Act, 2018On the 15 January 2018 a Bill was introduced by the Honourable Chris Cardona, M.P., Minister for the Economy, Investment and Small Businesses, to permit the local industrial production of cannabis products for medical use in the context of a controlled and supervised environment.Definition of Cannabis and Licence Requirement"Cannabis" is defined as "fresh or dried cannabis, cannabis oil, cannabis plant or seeds, derivatives of cannabis, and/or any substan...
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