Common use of Time and Manner of Exchange of Information Clause in Contracts

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation of payments made with respect to a United Kingdom Reportable Account may be determined in accordance with the principles of the Cayman Island’s laws. 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 and all subsequent years, except that: a) the information to be obtained and exchanged with respect to 2014 is only the information described in subparagraphs 2.a)(1) to 2.a)(4) of Article 2 of this Agreement; b) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1) to 2.a)(7), except for gross proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement; and c) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph 2.a)(1) to 2.a)(7) of Article 2 of this Agreement. 4. Subject to paragraph 3 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year 2014 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement between the Government of the Cayman Islands and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA. 6. The Competent Authorities of each Party shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 of the DTA which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and b) prescribe rules and procedures as may be necessary to implement Article 4; 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 of the DTA, including the provisions limiting the use of the information exchanged.

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation of payments made with respect to a United Kingdom Reportable Account may be determined in accordance with the principles of Guernsey’s tax laws, and the Cayman Islandamount and characterisation of payments made with respect to a Guernsey Reportable Account may be determined in accordance with the principles of the United Kingdom’s tax laws. 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 and all subsequent years, except that: a) the information to be obtained and exchanged with respect to 2014 is only the information described in subparagraphs 2.a)(1) to 2.a)(4) of Article 2 of this Agreement; b) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1) to 2.a)(7), except for gross proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement; and c) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph subparagraphs 2.a)(1) to 2.a)(7) of Article 2 of this Agreement. 4. Subject to paragraph 3 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year 2014 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement agreements between the Government of the Cayman Islands United Kingdom and the Government of the States of Guernsey, as the context requires, and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA. 6. The Competent Authorities of each Party shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 5a of the DTA TIEA, which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and b) prescribe rules and procedures as may be necessary to implement Article 4;. 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 5a of the DTATIEA, including the provisions limiting the use of the information exchanged.

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation characterization of payments made with respect to a United Kingdom U.S. Reportable Account may be determined in accordance with the principles of Denmark’s tax laws, and the Cayman Island’s lawsamount and characterization of payments made with respect to a Danish Reportable Account may be determined in accordance with principles of U.S. federal income tax law. 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 2013 and all subsequent years, except that: a) In the case of Denmark: (1) the information to be obtained and exchanged with respect to 2013 and 2014 is only the information described in subparagraphs 2.a)(1(a)(1) to 2.a)(4) of Article 2 of this Agreement(a)(4); b(2) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1(a)(1) to 2.a)(7(a)(7), except for gross proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement(a)(5)(B); and c(3) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph 2.a)(1(a)(1) to 2.a)(7(a)(7); b) In the case of Article 2 the United States, the information to be obtained and exchanged with respect to 2013 and subsequent years is all of this Agreementthe information identified in subparagraph (b). 4. Notwithstanding paragraph 3 of this Article, with respect to each Reportable Account that is a Preexisting Account, and subject to paragraph 4 of Article 6, the Parties are not required to obtain and include in the exchanged information the Danish TIN or the U.S. TIN, as applicable, of any relevant person if such taxpayer identifying number is not in the records of the Reporting Financial Institution. In such case, the Parties shall obtain and include in the exchanged information the date of birth of the relevant person, if the Reporting Financial Institution has such date of birth in its records. 5. Subject to paragraph paragraphs 3 and 4 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year 2014 2013 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed30, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement between the Government of the Cayman Islands and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA2015. 6. The Competent Authorities of each Party Denmark and the United States shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 Article 25 of the DTA Convention, which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and; b) prescribe rules and procedures as may be necessary to implement Article 5; and c) establish as necessary procedures for the exchange of the information reported under subparagraph 1(b) of Article 4;. 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 of the DTAConvention, including the provisions limiting the use of the information exchanged.. Article 4‌

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation of payments made with respect to a United Kingdom Reportable Account may be determined in accordance with the principles of the Cayman Turks and Caicos Island’s laws. 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 and all subsequent years, except that: a) the information to be obtained and exchanged with respect to 2014 is only the information described in subparagraphs 2.a)(1) to 2.a)(4) of Article 2 of this Agreement; b) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1) to 2.a)(7), except for gross proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement; and c) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph 2.a)(1) to 2.a)(7) of Article 2 of this Agreement. 4. Subject to paragraph 3 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year 2014 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement between the Government of the Cayman Turks and Caicos Islands and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA. 6. The Competent Authorities of each Party shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 5a of the DTA TIEA which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and b) prescribe rules and procedures as may be necessary to implement Article 4; 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 5a of the DTATIEA, including the provisions limiting the use of the information exchanged.

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation of payments made with respect to a United Kingdom Reportable Account may be determined in accordance with the principles of the Cayman Virgin Island’s laws. 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 and all subsequent years, except that: a) the information to be obtained and exchanged with respect to 2014 is only the information described in subparagraphs 2.a)(1) to 2.a)(4) of Article 2 of this Agreement; b) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1) to 2.a)(7), except for gross proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement; and c) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph 2.a)(1) to 2.a)(7) of Article 2 of this Agreement. 4. Subject to paragraph 3 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year 2014 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement between the Government of the Cayman Islands Montserrat and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA. 6. The Competent Authorities of each Party shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 of the DTA procedures which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and b) prescribe rules and procedures as may be necessary to implement Article 4; 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 Article 14 of the DTADouble Taxation Arrangement, including the provisions limiting the use of the information exchanged.

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation of payments made with respect to a United Kingdom Reportable Account may be determined in accordance with the principles of the Cayman Island’s British Virgin Islands laws. 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 and all subsequent years, except that: a) the information to be obtained and exchanged with respect to 2014 is only the information described in subparagraphs 2.a)(1) to 2.a)(4) of Article 2 of this Agreement; b) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1) to 2.a)(7), except for gross proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement; and c) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph 2.a)(1) to 2.a)(7) of Article 2 of this Agreement. 4. Subject to paragraph 3 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year years 2014 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement between the Government of the Cayman British Virgin Islands and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA. 6. The Competent Authorities of each Party shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 Article 5a of the DTA TIEA which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and b) prescribe rules and procedures as may be necessary to implement Article 4; 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 Article 5a of the DTATIEA, including the provisions limiting the use of the information exchanged.

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation of payments made with respect to a United Kingdom Reportable Account may be determined in accordance with the principles of Gibraltar’s tax laws, and the Cayman Islandamount and characterisation of payments made with respect to a Gibraltar Reportable Account may be determined in accordance with the principles of the United Kingdom’s tax laws. 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 and all subsequent years, except that: a) the information to be obtained and exchanged with respect to 2014 is only the information described in subparagraphs 2.a)(1) to 2.a)(4) of Article 2 of this Agreement; b) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1) to 2.a)(7), except for gross proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement; and c) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph subparagraphs 2.a)(1) to 2.a)(7) of Article 2 of this Agreement. 4. Subject to paragraph 3 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year 2014 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement agreements between the Government of the Cayman Islands United Kingdom and the Government of Gibraltar, as the context requires, and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA. 6. The Competent Authorities of each Party shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 5a of the DTA TIEA, which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and b) prescribe rules and procedures as may be necessary to implement Article 4;. 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 5a of the DTATIEA, including the provisions limiting the use of the information exchanged.

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation of payments made with respect to a United Kingdom Reportable Account may be determined in accordance with the principles of the Cayman Island’s laws.laws of Anguilla 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 and all subsequent years, except that: a) the information to be obtained and exchanged with respect to 2014 is only the information described in subparagraphs 2.a)(1) to 2.a)(4) of Article 2 of this Agreement; b) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1) to 2.a)(7), except for gross proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement; and c) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph 2.a)(1) to 2.a)(7) of Article 2 of this Agreement. 4. Subject to paragraph 3 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year 2014 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement between the Government of the Cayman Islands Anguilla and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA. 6. The Competent Authorities of each Party shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 Article 5a of the DTA TIEA which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and b) prescribe rules and procedures as may be necessary to implement Article 4; 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 Article 5a of the DTATIEA, including the provisions limiting the use of the information exchanged.

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation of payments made with respect to a United Kingdom Reportable Account may be determined in accordance with the principles of the Cayman IslandIsle of Man’s tax laws, and the amount and characterisation of payments made with respect to an Isle of Man Reportable Account may be determined in accordance with the principles of the United Kingdom’s tax laws. 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 and all subsequent years, except that: a) the information to be obtained and exchanged with respect to 2014 is only the information described in subparagraphs 2.a)(1) to 2.a)(4) of Article 2 of this Agreement; b) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1) to 2.a)(7), except for gross proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement; and c) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph subparagraphs 2.a)(1) to 2.a)(7) of Article 2 of this Agreement. 4. Subject to paragraph 3 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year 2014 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement agreements between the Government of the Cayman Islands United Kingdom and the Government of the Isle of Man, as the context requires, and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA. 6. The Competent Authorities of each Party shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 10 of the DTA DTA, which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and b) prescribe rules and procedures as may be necessary to implement Article 4;. 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 10 of the DTA, including the provisions limiting the use of the information exchanged.

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 22 of this Agreement, the amount and characterisation characterization of payments made with respect to a United Kingdom U.S. Reportable Account may be determined in accordance with the principles of the Cayman Island’s lawstax laws of St. Xxxxxxx and the Grenadines. 2. For purposes of the exchange obligation in Article 22 of this Agreement, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 22 of this Agreement, information is to be obtained and exchanged with respect to 2014 and all subsequent years, except that: a) the information to be obtained and exchanged with respect to 2014 is only the information described in subparagraphs 2.a)(12(a) to 2.a)(4through 2(d) of Article 2 of this Agreement; b) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(12(a) to 2.a)(7)through 2(g) of Article 2 of this Agreement, except for gross proceeds described in subparagraph 2.a)(5)(B2(e)(2) of Article 2 of this Agreement; and c) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph 2.a)(1subparagraphs 2(a) to 2.a)(7through 2(g) of Article 2 of this Agreement.; 4. Notwithstanding paragraph 3 of this Article, with respect to each U.S. Reportable Account maintained by a Reporting St. Xxxxxxx and the Grenadines Financial Institution as of June 30, 2014, and subject to paragraph 2 of Article 6 of this Agreement, St. Xxxxxxx and the Grenadines is not required to obtain and include in the exchanged information the U.S. TIN of any relevant person if such U.S. TIN is not in the records of the Reporting St. Xxxxxxx and the Grenadines Financial Institution. In such a case, St. Xxxxxxx and the Grenadines shall obtain and include in the exchanged information the date of birth of the relevant person, if the Reporting St. Xxxxxxx and the Grenadines Financial Institution has such date of birth in its records. 5. Subject to paragraph paragraphs 3 and 4 of this Article, the information described in Article 2 of this Agreement shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year 2014 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement between the Government of the Cayman Islands and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA. 6. The Competent Authorities of each Party St. Xxxxxxx and the Grenadines and the United States shall enter into an agreement or arrangement under the mutual agreement procedure provided for in Paragraph 12 Article 8 of the DTA this Agreement, which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and2 of this Agreement; b) prescribe rules and procedures as may be necessary to implement Article 4;5 of this Agreement; and c) establish as necessary procedures for the exchange of the information reported under subparagraph 1(b) of Article 4 of this Agreement. 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 Article 9 of the DTAthis Agreement, including the provisions limiting the use of the information exchanged.

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation characterization of payments made with respect to a United Kingdom U.S. Reportable Account may be determined in accordance with the principles of Spain’s tax laws, and the Cayman Island’s lawsamount and characterization of payments made with respect to a Spanish Reportable Account may be determined in accordance with principles of U.S. federal income tax law. 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 2013 and all subsequent years, except that: a) In the case of Spain: (1) the information to be obtained and exchanged with respect to 2013 and 2014 is only the information described in subparagraphs 2.a)(1(a)(1) to 2.a)(4) of Article 2 of this Agreement(a)(4); b(2) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1(a)(1) to 2.a)(7to (a) (7), except for gross proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement(a)(5)(B); and c(3) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph 2.a)(1(a)(1) to 2.a)(7(a)(7); b) In the case of Article 2 the United States, the information to be obtained and exchanged with respect to 2013 and subsequent years is all of this Agreementthe information identified in subparagraph (b). 4. Notwithstanding paragraph 3 of this Article, with respect to each Reportable Account that is a Preexisting Account, and subject to paragraph 4 of Article 6, the Parties are not required to obtain and include in the exchanged information the Spanish TIN or the U.S. TIN, as applicable, of any relevant person if such taxpayer identifying number is not in the records of the Reporting Financial Institution. In such case, the Parties shall obtain and include in the exchanged information the date of birth of the relevant person, if the Reporting Financial Institution has such date of birth in its records. 5. Subject to paragraph paragraphs 3 and 4 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year 2014 2013 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed30, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement between the Government of the Cayman Islands and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA2015. 6. The Competent Authorities of each Party Spain and the United States shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 Article 26 of the DTA Convention, which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and; b) prescribe rules and procedures as may be necessary to implement Article 5; and c) establish as necessary procedures for the exchange of the information reported under subparagraph 1(b) of Article 4;. 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 of the DTAConvention, including the provisions limiting the use of the information exchanged.

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation of payments made with respect to a United Kingdom Reportable Account may be determined in accordance with the principles of Guernsey’s tax laws, and the Cayman Islandamount and characterisation of payments made with respect to a Guernsey Reportable Account may be determined in accordance with the principles of the United Kingdom’s tax laws. 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 and all subsequent years, except that: a) the information to be obtained and exchanged with respect to 2014 is only the information described in subparagraphs 2.a)(1) to 2.a)(4) of Article 2 of this Agreement; b) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1) to 2.a)(7), except for gross xxxxx proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement; and c) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph subparagraphs 2.a)(1) to 2.a)(7) of Article 2 of this Agreement. 4. Subject to paragraph 3 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year 2014 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement agreements between the Government of the Cayman Islands United Kingdom and the Government of the States of Guernsey, as the context requires, and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA. 6. The Competent Authorities of each Party shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 5a of the DTA TIEA, which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and b) prescribe rules and procedures as may be necessary to implement Article 4;. 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 5a of the DTATIEA, including the provisions limiting the use of the information exchanged.

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation characterization of payments made with respect to a United Kingdom U.S. Reportable Account may be determined in accordance with the principles of Denmark’s tax laws, and the Cayman Island’s lawsamount and characterization of payments made with respect to a Danish Reportable Account may be determined in accordance with principles of U.S. federal income tax law. 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 2013 and all subsequent years, except that: a) In the case of Denmark: (1) the information to be obtained and exchanged with respect to 2013 and 2014 is only the information described in subparagraphs 2.a)(1(a)(1) to 2.a)(4) of Article 2 of this Agreement(a)(4); b(2) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1(a)(1) to 2.a)(7(a)(7), except for gross proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement(a)(5)(B); and c(3) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph 2.a)(1(a)(1) to 2.a)(7(a)(7); b) In the case of Article 2 the United States, the information to be obtained and exchanged with respect to 2013 and subsequent years is all of this Agreementthe information identified in subparagraph (b). 4. Notwithstanding paragraph 3 of this Article, with respect to each Reportable Account that is a Preexisting Account, and subject to paragraph 4 of Article 6, the Parties are not required to obtain and include in the exchanged information the Danish TIN or the U.S. TIN, as applicable, of any relevant person if such taxpayer identifying number is not in the records of the Reporting Financial Institution. In such case, the Parties shall obtain and include in the exchanged information the date of birth of the relevant person, if the Reporting Financial Institution has such date of birth in its records. 5. Subject to paragraph paragraphs 3 and 4 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year 2014 2013 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed30, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement between the Government of the Cayman Islands and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA2015. 6. The Competent Authorities of each Party Denmark and the United States shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 Article 25 of the DTA Convention, which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and; b) prescribe rules and procedures as may be necessary to implement Article 5; and c) establish as necessary procedures for the exchange of the information reported under subparagraph 1(b) of Article 4;. 7. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 of the DTAConvention, including the provisions limiting the use of the information exchanged.

Time and Manner of Exchange of Information. 1. For purposes of the exchange obligation in Article 2, the amount and characterisation of payments made with respect to a United Kingdom Reportable Account may be determined in accordance with the principles of Jersey’s tax laws, and the Cayman Islandamount and characterisation of payments made with respect to a Jersey Reportable Account may be determined in accordance with the principles of the United Kingdom’s tax laws. 2. For purposes of the exchange obligation in Article 2, the information exchanged shall identify the currency in which each relevant amount is denominated. 3. With respect to paragraph 2 of Article 2, information is to be obtained and exchanged with respect to 2014 2013 and all subsequent years, except that: a) the information to be obtained and exchanged with respect to 2013 and 2014 is only the information described in subparagraphs 2.a)(1(a)(1) to 2.a)(4) of Article 2 of this Agreement(a)(4); b) the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2.a)(1(a)(1) to 2.a)(7(a)(7), except for gross proceeds described in subparagraph 2.a)(5)(B) of Article 2 of this Agreement(a)(5)(B); and c) the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraph 2.a)(1subparagraphs (a)(1) to 2.a)(7) of Article 2 of this Agreement(a)(7). 4. Subject to paragraph 3 of this Article, the information described in Article 2 shall be exchanged within nine months after the end of the calendar year to which the information relates. Notwithstanding the foregoing, the information that relates to calendar year years 2013 and 2014 shall be exchanged no later than 30 September 2016. 5. Unless otherwise agreed, the information to be exchanged under Article 2 will be provided in the agreed format to be used when complying with the agreement agreements between the Government of the Cayman Islands United Kingdom and the Government of Jersey, as the context requires, and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA. 6. The In good time before the first exchange of information, the Competent Authorities of each Party shall enter into an agreement under the mutual agreement procedure provided for in Paragraph 12 of the DTA agreement, which shall: a) establish the detailed procedures for the automatic exchange obligations described in Article 2; and b) prescribe rules and procedures as may be necessary to implement Article 4;. 7. The failure to reach a Competent Authority agreement, as referred to in paragraph 6 of this Article, shall not invalidate this Agreement in any way. 8. All information exchanged shall be subject to the confidentiality and other protections provided for in Paragraph 13 […] of the DTA[…], including the provisions limiting the use of the information exchanged.