Article 3 General definitions

1.

a)

‘a Contracting State’ or ‘the other Contracting State’ means the Kingdom of the Netherlands (the Netherlands) or Barbados, as the context requires;

b)

‘the Netherlands’ means the part of the Kingdom of the Netherlands that is situated in Europe, including its territorial sea, and any area beyond the territorial sea within which the Netherlands, in accordance with international law, exercises jurisdiction or sovereign rights with respect to the seabed, its subsoil and its superjacent waters, and their natural resources;

c)

‘Barbados’ means the island of Barbados and the territorial waters thereof, including any area outside such territorial waters which in accordance with international law and the laws of Barbados is an area within which the rights of Barbados with respect to the seabed and subsoil and their natural resources may be exercised;

d)

‘company’ means any body corporate or any entity that is treated as a body corporate for tax purposes;

e)

‘competent authority’ means:

(i)

in the Netherlands, the Minister of Finance or his authorised representative;

(ii)

in Barbados, the Minister of Finance or his authorised representative;

f)

‘enterprise of a Contracting State’ or ‘enterprise of the other Contracting State’ means an enterprise carried on by a resident of a Contracting State and an enterprise carried on by a resident of the other Contracting State respectively;

g)

‘international traffic’ means any transport by a ship or aircraft operated by an enterprise that has its place of effective management in a Contracting State, except when the ship or aircraft is operated solely between places in the other Contracting State;

h)

‘national’ means:

(i)

in the case of Barbados,

any individual who is a citizen of Barbados, and any legal person, partnership and association deriving its status as such from the laws in force in Barbados;

(ii)

in the case of the Netherlands,

any individual possessing the nationality of the Netherlands and any legal person, partnership or association deriving its status as such from the laws in force in the Netherlands;

i)

‘person’ includes an individual, a company and any other body of persons.

2.