For the purposes of the present Agreement:
- (a)the term "investments" shall comprise every kind of goods, rights and interests of whatsoever nature, which have been invested in accordance with the laws of the Party in the territory of which the investment is made, in particular, though not limited to the following:
- (i)movable and immovable property as well as any other rights in rem in respect of every kind of asset;
- (ii) rights derived from shares, bonds and other kinds of interests in companies and joint ventures;
- (iii) title to money, and other assets and to any performance having an economic value;
- (iv) rights in the field of intellectual property, technical processes and know-how;
- (v)rights granted under public law, including rights to prospect, explore, extract and exploit natural resources.
- (b) the term "nationals" shall comprise with regard to either Contracting Party.
- (i)natural persons having the nationality of that Contracting Party in accordance with its laws;
- (ii)without prejudice to the provisions of (iii) hereafter, legal persons constituted in accordance with the laws of that Contracting Party;
- (iii)legal persons controlled, directly or indirectly, by nationals of that Contracting Party but constituted in accordance with the laws of the other Contracting Party.
- (c) the term "territory" includes the maritime areas adjacent to the coast of the Country concerned, to the extent to which that Country may exercise sovereign rights or jurisdiction in those areas according to international law.
