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Chapter 282 – Financial Year Act

What is this act about?

This law, called the Financial Year Act, sets the specific date when the financial year ends.

Who it applies to: Entities operating under the Constitution.

At a glance

Country
Malta
Area of law
Constitutional law and human rights
Source
legislation.mt
Text retrieved
Explanation updated

What does this act regulate?

  • The period of the financial year.
  • The end date for every financial year.
  • The financial year for the purposes of the Constitution.

Who does this act apply to?

  • Entities operating under the Constitution.

What are the key points?

  • The 31st day of December shall be the date on which every financial year shall end.
  • This applies to financial years subsequent to the one ending on 31st March, 1979.

Constitutional law and human rights

8

Constitutional law and human rights

Legal text

Legal text

FINANCIAL YEAR

CHAPTER 282

FINANCIAL YEAR ACT To prescribe the period of the financial year. (2nd November, 1979)* Enacted by ACT XXIX of 1979. l.

This Act may be cited as the Financial Year Act.

2.

For the purposes of the Constitution, and as provided by article 124 thereof, it is hereby prescribed that the 31st day of December shall be the date on which every financial year, subsequent to that ending on the 31st March, 1979, shall end. *See Government Notice No. 542 of 2nd November, 1979.

Short title.

End of financial year.

AI explanation based on the official legal text. Indicative, not a substitute for legal advice.