Interest

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.... but the tax so charged shall not exceed 7.5 per cent of the gross amount of the interest. 3. Notwithstanding the provisions of paragraph 2 interest arising in a Contracting State and paid to the Government of the other Contracting State or a local authority thereof, the Central Bank of that other ContractingState or any agency wholly owned by that Government or local authority shall be exempt ....

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...., through a permanent establishment situated therein, or performs in that other State independent personal services from a fixed base situated therein, and the debt-claim in respect of which the interest is paid is effectively connected with such permanent establishment or fixed base. In such case, the provisions of Article 7 or Article 15, as the case may be, shall apply. 6. Interest shall be ....