Article 3 General definitions

(1) In this Agreement, unless the context otherwise requires: a) the term “Federal Republic of Germany”, when used in a geographical sense, means the territcry in which the Basic Law for the Federal Republic of Germany is in force, as well as any area adjacent to the territorial waters of the Federal Republic of Germany designated, in accordance with international law as related to the rights which the Federal Republic of Germany may exercise with respect to the sea bed and sub-soil and their natural resources, as domestic area for tax purposes; the term “Liberia” means the Republic of Liberia, and, b when used in a geographical sense, the territory of Liberia as well as any area adjacent to the territorial waters of Liberia designated in accordance with inter- national law as related to the rights which Liberia may exercise with respect to the sea bed and sub-soil and their natural resources, as domestic area for tax purposes; c) the term “person” comprises an individual, a company or any other body treated as a legal entity for tax purposes; the term “company” means any corporation or any d entity which is treated as a corporation for tax purposes; the terms “enterprise of a Contracting State” and e “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; f) the term “national” means: aa) in respect of the Federal Republic of Germany all Germans in the meaning of paragraph (1) of Ar- ticle 116 of the Basic Law for the Federal Republic of Germany and all legal persons, partnerships and associations deriving their status as such from the law in force in the Federal Republic of Germany; in respect of Liberia all citizens of Liberia and bb all legal persons, partnerships and associations deriving their status as such from the law in force in Liberia; the term “competent authority” means in the case g of the Federal Republic of Germany the Federal Minister of Finance, and in ihe case of Liberia the Secretary of the Treasury.

(2) As regards the application of this Agreement by a Contracting State any term not otherwise defined shall, unless the context otherwise requires, have the meaning which it has under the laws of that State relat- ing to the taxes which are the subject of this Agreement.