1.For the purposes of this Directive:
- ́competent authorities' shall mean the authorities defined in the fifth indent of Article 1 of Council Directive 83/350/EEC,
- ́Zone A' shall comprise all the Member States
and all other countries which are full members of
the Organization for Economic Cooperation and Development (OECD) and those countries which have concluded special lending arrangements with the International Monetary Fund (IMF) associated with the Fund's General Arrangements to Borrow (GAB),
- ́Zone B' shall comprise all countries not in Zone A,
- ́Zone A credit institutions' shall mean all credit institutions authorized in the Member States, in acccordance with Article 3 of Directive 77/780/EEC, including their branches in third countries, and all private and public undertakings covered by the definition in the first indent of Article 1 of Directive 77/780/EEC and authorized in other Zone A countries, including their branches,
- ́Zone B credit institutions' shall mean all private and public undertakings authorized outside Zone A covered by the definition in the first indent of Article 1 of Directive 77/780/EEC, including their branches within the Community,
- ́non-bank sector' shall mean all borrowers other than credit institutions as defined in the fourth and fifth indents, central governments and central banks, regional governments and local authorities, the European Communities, the European Investment Bank and multilateral development banks as defined in the seventh indent,
- ́multilateral development banks' shall mean the International Bank for Reconstruction and Development, the International Finance Corporation, the Inter-American Development Bank, the Asian
Development Bank, the African Development Bank, the
Council of Europe Resettlement Fund, the Nordic Investment Bank and the Caribbean Development Bank,
- ́full-risk', ́medium-risk', ́medium/low-risk' and ́low-risk' off-balance-sheet items shall mean the items described in Article 6 (2) and listed in Annex I.
2.For the purposes of Article 6 (1) (b), the competent authorities may include within the concept of regional governments and local authorities non-commercial administrative bodies responsible to regional governments or local authorities, and those non-commercial undertakings owned by central governments, regional governments, local authorities or authorities which, in the view of the competent authorities, exercise the same responsibilities as regional and local authorities.