Implementing Decision (EU) 2020/1352 is amended as follows:
(1)
Article 2 is amended as follows:
(a)
paragraph 1 is replaced by the following:
‘1. The Union shall make available to Malta a loan amounting to a maximum of EUR 420 817 000. The loan shall have a maximum average maturity of 15 years.’;
(b)
paragraph 4 is replaced by the following:
‘4. The first instalment shall be released subject to the entry into force of the loan agreement provided for in Article 8(2) of Regulation (EU) 2020/672. Any further instalments shall be released in accordance with the terms of that loan agreement or, where relevant, be subject to the entry into force of an addendum thereto, or of an amended loan agreement.’;
(2)
Article 3 is replaced by the following:
‘Article 3
Malta may finance the following measures:
(a)
the COVID-19 wage supplement, as provided for in ‘Malta Enterprise Act (Chap. 463 of the Laws of Malta)’/’L-Att dwar il-Korporazzjoni għall-Intrapriża ta’ Malta (Kap. 463 tal-Liġijiet ta’ Malta)’ and ‘Government Notice No 389 of 13 April 2020’/’Notifikazzjoni tal-Gvern Nru 389 tat-13 ta’ April 2020’, as extended and amended in 2020 and 2021;
(b)
the COVID-19 disability benefit, as provided for in ‘Government Notice No 331 of 25 March 2020’/’Notifikazzjoni tal-Gvern Nru 331 tal-25 ta’ Marzu 2020’;
(c)
the COVID-19 parent benefit, as provided for in ‘Government Notice No 330 of 25 March 2020’/’Notifikazzjoni tal-Gvern Nru 330 tal-25 ta’ Marzu 2020’;
(d)
the COVID-19 medical benefit, as provided for in ‘Government Notice No 353 of 30 March 2020’/’Notifikazzjoni tal-Gvern Nru 353 tat-30 ta’ Marzu 2020’.’;
(3)
Article 4 is replaced by the following:
‘Article 4
1. Malta shall inform the Commission by 30 March 2021, and every six months thereafter, of the implementation of the planned public expenditure until that planned public expenditure has been fully implemented.
2. Where measures referred to in Article 3 are based on planned public expenditure and have been subject to an implementing decision amending Implementing Decision (EU) 2020/1352, Malta shall inform the Commission within six months after the date of adoption of that amending implementing decision, and every six months thereafter, of the implementation of the planned public expenditure until that planned public expenditure has been fully implemented.’.