Artikel 1

For the purposes of this Agreement:
a) ‘‘competent authority’’ means the governmental authority in each State responsible for supervising the fulfilment by undertakings of the stock obligation;
b) ‘‘stocks’’ means any stocks of crude oil or petroleum products (including blending and finished products) covered by the Directive;
c) ‘‘stock obligation’’ in the Kingdom of the Netherlands means the overall quantity of stocks that is required to be held under national law; and in the United Kingdom of Great Britain and Northern Ireland means the overall quantity of stocks required to be held under the Directive;
d) ‘‘supply crisis’’ in this Agreement shall have the same meaning as in Article 6 (2) of the Directive;
e) ‘‘territory’’ means the area within the European Union over which each State exercises jurisdiction;
f) ‘‘undertaking’’ means any undertaking, body or entity established in the territory of one State which holds stocks for the purpose of facilitating compliance (whether by that undertaking or a third party) with the law relating to oil stocking obligations of that or the other State.