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Article 4

DEFINITIONS

1. For the purposes of this Agreement, unless otherwise defined:

a) The term “Portugal” when used in a geographical sense comprises the territory of the Portuguese Republic

in accordance with the International Law and the Portuguese Legislation;

b) The term “Belize” means the land and sea areas as defined in Schedule 1 to the Belize Constitution,

including the territorial waters and any other area in the sea and in the air within which Belize, in accordance with

the international law, exercises sovereign rights or its jurisdiction;

c) “Competent authority” means:

(i) In respect of Portugal, the Minister of Finance, the Director General of Taxation (Director-Geral dos

Impostos) or their authorized representative;

(ii) In respect of Belize, the Minister of Finance or his authorised representative;

d) “Person” includes an individual, a company and any other body of persons,

e) “Company” means any body corporate or any entity that is treated as a body corporate for tax purposes,

f) “Publicly-traded company” means any company whose principal class of shares is listed on a recognised

stock exchange provided its listed shares can be readily purchased or sold by the public. Shares can be

purchased or sold “by the public” if the purchase or sale of shares is not implicitly or explicitly restr icted to a

limited group of investors,

g) “Principal class of shares” means the class or classes of shares representing a majority of the voting power

and value of the company,

h) “Recognised stock exchange” means any stock exchange agreed upon by the competent authorities of

the Parties,

i) “Collective investment fund or scheme” means any pooled investment vehicle, irrespective of legal form.

The term “public collective investment fund or scheme” means any collective investment fund or scheme provided

the units, shares or other interests in the fund or scheme can be readily purchased, sold or redeemed by the

public. Units, shares or other interests in the fund or scheme can be readily purchased, sold or redeemed “by the

public” if the purchase, sale or redemption is not implicitly or explicitly restricted to a limited group of investors,

j) “Tax” means any tax to which the Agreement applies,

k) “Requesting Party” means the Party requesting information,

l) “Requested Party” means the Party requested to provide information,

m) “Information-gathering measures” means laws and administrative or judicial procedures that enable a Party

to obtain and provide the requested information,

n) “Information” means any fact, statement, document or record in any form whatever,

o) “Tax matters” means all tax matters including criminal tax matters,

p) “Criminal tax matters” means tax matters involving intentional conduct whether before or after the entry

into force of this Agreement which is liable to prosecution under the criminal laws of the requesting Party,

q) “Criminal laws” means all criminal laws designated as such under the respective law of the Parties

irrespective of whether such are contained in the tax laws, the criminal code or other statutes.

2. Any term not defined in this Agreement shall, unless the context otherwise requires, have the meaning

that it has at the time the request was made under the law of that Party, any meaning under the applicable tax

laws of that Party prevailing over a meaning given to the term under other laws of that Party.

Article 5

EXCHANGE OF INFORMATION UPON REQUEST

1. The competent authority of the requested Party shall provide upon request by the requesting Party

information for the purposes referred to in Article 1. Such information shall be provided without regard to whether

the requested Party needs such information for its own tax purposes or the conduct being investigated would