- Checks are made against data held in the MaMVS and in publicly accessible databases on the 1st January 2022 in order to establish the appropriate contribution plan and any applicable discounts, and draw up the contribution invoice.
- Holders of any authorisation to place on the Maltese market a medicinal product for human use bearing the safety features as per Delegated Regulation (EU) 2016/161 and that have not paid any of the previous years’ Contribution Fees shall also receive an invoice for the settlement of said fees along with corresponding Late Penalty Fees.
Late Payment Terms
Failure to settle payment within 60 days from date of invoice shall automatically be regarded as a late payment, and shall render the Authorisation Holder liable towards MaMVO for the payment of Late Payment Fees. After 60 days from date of invoice, a Late Payment Fee equivalent to 15% of the invoice amount shall be added to the contribution to be paid by the Authorisation Holder. After 120 days from date of invoice, a further additional Late Payment Fee equivalent to 35% of the invoice amount shall also be added to the contribution to be paid by the Authorisation Holder. Late Payment terms are applicable from date of invoice. Late payment fees shall be payable for mere delay and shall be deemed to be pre-liquidated damages suffered by MaMVO for such default by the Authorisation Holder, and shall not be subject to abatement by any Court or Tribunal and shall be without prejudice to any other right of MaMVO arising in virtue of law or in terms of any applicable agreement.