- 1
- For the purposes of this Convention, unless the context otherwise requires:
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- a)the term “a Contracting State” and “the other Contracting State” mean the Kingdom of the Netherlands in respect of Aruba or the United Kingdom of Great Britain and Northern Ireland as the context requires;
- b)the term “Aruba” means: that part of the Kingdom of the Netherlands that is situated in the Caribbean area and consisting of the Island Aruba;
- c)The “contracting party” being a Member State of the European Union means: the United Kingdom of Great Britain and Northern Ireland;
- d)the term “Directive” means Directive 2003/48/EC of the Council of the European Union of 3 June 2003 on taxation of savings income in the form of interest payments, as applicable at the date of signing this Convention;
- e)the term “beneficial owner” means the beneficial owner according to Article 2 of the Directive;
- f)the term “paying agent” means the paying agent according to Article 4 of the Directive;
- g)the term “competent authority” means:
- (i)In the case of Aruba: “The Minister of Finance or his authorised representative”.
- (ii)In the case of the United Kingdom of Great Britain and Northern Ireland: the competent authority of that State according to Article 5 of the Directive.
- h)the term “interest payment” means the interest payment according to article 6, due account being taken of Article 15, of the Directive;
- i)any term not otherwise defined herein shall have the meaning given to it in the Directive.
- 2
- For the purposes of this Convention, in the provisions of the Directive to which this Convention refers, instead of “Member States” has to be read: Contracting States.
