Article 3 - General definitions - Morocco

ARTICLE 3 GENERAL DEFINITIONS 1. In this Convention, unless the context otherwise requires : (a) the term India means the territory of India and includes the territorial sea and airspace above it, as well as any other maritime zone in which India has sovereign rights, other rights and jurisdictions, according to the Indian law and in accordance with international law and, in particular, the U. N. Convention on the Law of the Sea; (b) the term Morocco means the Kingdom of Morocco; and when used in geographical sense the term Morocco includes: (i) the territory of the Kingdom of Morocco, the territorial sea thereof and (ii) the maritime areas beyond the territorial sea, including the seabed and subsoil thereof (continental shelf) and the exclusive economic zone over which Morocco exercises sovereign rights, in accordance with its domestic laws and international law, for the purpose of exploration and exploitation of the natural resources of such areas; (c) the terms a Contracting State and the other Contracting State mean India or Morocco as the context requires; (d) the term company means any body corporate or any entity which is treated as a company or body corporate under the taxation laws in force in the respective Contracting States; (e) the term competent authority means: (i) in the case of India, the Central Government in the Ministry of Finance, Department of Revenue, or their authorised representative; (ii) in the case of Morocco, the Minister of Finance or his authorised representative; (f) the terms enterprise of a Contracting State and enterprise of the other Contracting State mean respectively an enterprise carried on by a resident of a Contracting State and an enterprise carried on by a resident of the other Contracting State; (g) the term fiscal year means: (i) in the case of India, previous year as defined under section 3 of the Income-tax Act, 1961; (ii) in the case of Morocco, a fiscal exercise as defined under the Laws relating to the General Income-tax and the Corporation Tax; (h) the term international traffic means any transport by a ship or aircraft operated by an enterprise which is a resident of a Contracting State, except when the ship or aircraft is operated solely between places in the other Contracting State; (i) the term national means any individual, possessing the nationality of a Contracting State and any legal person, partnership or association deriving its status from the laws in force in the Contracting State; (j) the term person includes an individual, a company, a body of persons and any other entity which is treated as a taxable unit under the taxation laws in force in the respective Contracting States; (k) the term tax means Indian tax or Moroccan tax, as the context requires, but shall not include any amount other than tax which is payable in respect of any default or omission in relation to the taxes to which this Convention applies or which represents a penalty or fine imposed relating to those taxes. 2. As regards the application of this Convention by a Contracting State, any term not defined therein shall, unless the context otherwise requires have the meaning which it has under the law of that State concerning the taxes to which this Convention applies.