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ARTICLE · 11 FEBRUARY 2019

Regulations To Aid Undertakings Providing Professional Training To Employees

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On the 25th January 2019, the Minister for the Economy, Investment and Small Businesses published the "Skills Development Regulations, 2019".

MaltaEmployment and HR
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On the 25th January 2019, the Minister for the Economy, Investment and Small Businesses published the "Skills Development Regulations, 2019", 1 which aim to financially assist those undertakings that offer schemes of professional training to their employees.

The regulations apply to the period between the 1st September 2018 and the 31st December 2020. They also repeal the "Assistance for Knowledge Transfer Regulations", but such repeal should not affect any aid previously awarded by virtue of their past application. 2

Under the new regulations, Malta Enterprise has been given the power to assist undertakings that provide training to employees "in relation to their employment". Before doing so, Malta Enterprise must be satisfied that the relevant undertaking is currently carrying out or intends to carry out "an activity that may contribute to the economic development of Malta" and employs at least five (5) persons on a full-time basis.

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