Annex II Annex II 1. The Schedule of a Party sets out, pursuant to Articles 1108(3) (Investment) and 1206(3) (Cross-Border Trade in Services), the reservations taken by that Party with respect to specific sectors, sub-sectors or activities for which it may maintain existing, or adopt new or more restrictive, measures that do not conform with obligations imposed by: (a) Article 1102 or 1202 (National Treatment); (b) Article 1103 or 1203 (Most-Favored-Nation Treatment); (c) Article 1205 (Local Presence); (d) Article 1106 (Performance Requirements); or (e) Article 1107 (Senior Management and Boards of Directors). 2. Each reservation sets out the following elements: (a) Sector refers to the general sector in which the reservation is taken; (b) Sub-Sector refers to the specific sector in which the reservation is taken; (c) Industry Classification refers, where applicable, to the activity covered by the reservation according to domestic industry classification codes; (d) Type of Reservation specifies the obligation referred to in paragraph 1 for which a reservation is taken; (e) Description sets out the scope of the sector, sub-sector or activities covered by the reservation; and (f) Existing Measures identifies, for transparency purposes, existing measures that apply to the sector, sub-sector or activities covered by the reservation. 3. In the interpretation of a reservation, all elements of the reservation shall be considered. The Description element shall prevail over all other elements. II- 4. For purposes of this Annex: CMAP means Clasificaci˘n Mexicana de Actividades y Productos (CMAP) numbers as set out in Instituto Nacional de EstadĦstica, GeografĦa e Inform tica, Clasificaci˘n Mexicana de Actividades y Productos, 1988; CPC means Central Product Classification (CPC) numbers as set out in Statistical Office of the United Nations, Statistical Papers, Series M, No. 77, Provisional Central Product Classification, 1991; and SIC means: (a) with respect to Canada, Standard Industrial Classification (SIC) numbers as set out in Statistics Canada, Standard Industrial Classification, fourth edition, 1980; and (b) with respect to the United States, Standard Industrial Classification (SIC) numbers as set out in the United States Office of Management and Budget, Standard Industrial Classification Manual, 1987.