Artikel 2

1. For the purposes of this Agreement, unless otherwise defined:
a) the term ‘‘Party’’ means the Kingdom of the Netherlands or the Isle of Man as the context requires;
b) the term ‘‘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;
c) the term Isle of Man means the island of the Isle of Man.
d) the term ‘‘competent authority’’ means (i) in the case of the Netherlands the Minister of Finance or his authorized representative;
(ii) in the case of Isle of Man, the Chief Financial Officer of the Treasury or his delegate;
(i) in the case of the Netherlands the Minister of Finance or his authorized representative;
(ii) in the case of Isle of Man, the Chief Financial Officer of the Treasury or his delegate;
2. As regards the application of this Agreement at any time by a Party, any term not defined therein shall, unless the context otherwise requires, have the meaning that it has at that time under the law of that Party, any meaning under the applicable tax laws of that Party prevailing over a meaning given to the term under other laws of that Party.