Publication: Magyar Közlöny
Issue: MK-2011-128 (Year: 2011, Number: 128)
Era: contemporary
Section: 2011. évi CXLIV. törvény
Paragraph Index: 762

(1) For the purposes of this Convention, unless the context otherwise requires: (a) the term “Hungary” means the Republic of Hungary and, when used in a geographical sense, means the territory of the Republic of Hungary; (b) the term “United Kingdom” means Great Britain and Northern Ireland, including any area outside the territorial sea of the United Kingdom designated under its laws concerning the Continental Shelf and in accordance with international law as an area within which the rights of the United Kingdom with respect to the sea bed and subsoil and their natural resources may be exercised; (c) the terms “a Contracting State”, and “the other Contracting State” mean Hungary or the United Kingdom, as the context requires; (d) the term “person” includes an individual, a company and any other body of persons; (e) theterm“company”meansanybodycorporateoranyentity that istreated asabodycorporatefortaxpurposes; (f) the term “enterprise” applies to the carrying on of any business; (g) 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; (h) the term “internationaltraffic” means any transport by a ship or aircraft operated by an enterprise of a Contracting State, except when the ship or aircraft is operated solely between places in the other Contracting State; (i) the term “competent authority” means: (i) in the case of Hungary, the Minister for National Economy or his authorised representative; (ii) in the case of the United Kingdom, the Commissioners for Her Majesty’s Revenue and Customs or their authorised representative; (j) the term “national” means: (i) in relation to Hungary any individual possessing the nationality of Hungary; or any legal person, partnership, association or other entity deriving its status as such from the laws in force in Hungary; (ii) in relation to the United Kingdom, any British citizen, or any British subject not possessing the citizenship of any other Commonwealth country or territory, provided he has the right of abode in the United Kingdom; and any legal person, partnership, association or other entity deriving its status as such from the laws in force in the United Kingdom; (k) the term “business” includes the performance of professional services and of other activities of an independent character; (l) the term “pension scheme” means any plan, scheme, fund, trust or other arrangement established in a Contracting State which is: (i) generally exempt from income taxation in that State; and (ii) operated principally to administer or provide pension or retirement benefits or to earn income for the benefit of one or more such arrangements.

Source: https://magyarkozlony.hu/hivatalos-lapok/e5485bbe2b4799f35a054d9c427707c39671831b/dokumentumok/b22cbff19437bd824a6a45069abc926a3646e57f/letoltes