CONVENTION BETWEEN

GENERAL DEFINITIONS 1.  For the purposes of this Agreement, unless the context otherwise requires: a)  the term ”Georgia” means the territory defined by Georgian legislation, including land territory, its subsoil and the air space above it, internal waters and territorial sea, the sea bed, its subsoil and the air space above them, in respect of which Georgia exercises sovereignty, as well as the contiguous zone, the exclusive economic zone and continental shelf adjacent to its territorial sea, in respect of which Georgia may exercise its sovereign rights and/or jurisdiction in accordance with the international law; b)  the term ”Kingdom of Saudi Arabia” means the territory of the Kingdom of Saudi Arabia which also includes the area outside the territorial waters, where the Kingdom of Saudi Arabia exercises its sovereign and jurisdictional rights in their waters, sea bed, sub-soil and natural resources by virtue of its law and international law; c)  the terms “a Contracting State” and “the other Contracting State” mean Georgia or the Kingdom of Saudi Arabia, as the context requires; d)  the term ”person” includes an individual, a company and any other body of persons, including the State, its administrative subdivisions or local authorities; e)  the term ”company” means any body corporate or any entity that is treated as a body corporate for tax purposes; 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 ”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)  the term “national” means: i)  any individual possessing the citizenship or nationality of a Contracting State; ii)  any legal person, partnership or association deriving its status as such from the laws in force in a Contracting State; i)  the term ”competent authority” means: i)  in the case of Georgia, the Ministry of Finance or its authorised representative; ii)  in the case of the Kingdom of Saudi Arabia, the Ministry of Finance represented by the Minister of Finance or his authorized representative; 2.  As regards the application of this Agreement at any time by a Contracting State, 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 Contracting State for the purposes of the taxes to which this Agreement applies, any meaning under the applicable tax laws of that Contracting State prevailing over a meaning given to the term under other laws of that Contracting State.