For the purposes of the present Agreement:
- a)the term “investments” shall comprise every kind of asset and more particularly, though not exclusively:
- (i)movable and immovable property as well as any other rights 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)copyrights, industrial property rights, technical processes, trade-marks, trade-names, know-how and goodwill;
- (v)rights granted under public law, including rights to prospect, explore, extract and win 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 law;
- (ii)without prejudice to the provisions of (iii) hereafter, legal persons constituted under the law of that Contracting Party;
- (iii)legal persons, wherever located, controlled directly or indirectly by nationals of that Contracting Party.
- c)the term “territory” includes the maritime areas adjacent to the coast of the State concerned, to the extent to which that State may exercise sovereign rights or jurisdiction in those areas according to international law.
- d)the term “laws” includes published administrative rules and regulations.
