Examples of Competent in a sentence
This election should be made in writing and delivered to the U.S. Competent Authority prior to transmitting information via the regional router to IDES or downloading information from IDES via the regional router.
The Competent Authorities understand that feedback with regard to data quality and usability is an important element of the exchange process and they may consult with each other as provided in Paragraph 7.2 about data error or transmission problems inadequately addressed through standard notification processes over IDES.
The U.S. Competent Authority expects to generate such notification automatically through the ICMM and transmit it via IDES.
The Competent Authorities anticipate a collaborative process concerning schemata changes.
The Competent Authorities intend to use the International Data Exchange Service (“IDES”), as reflected in the FATCA IDES User Guide (IRS Publication 5190) and the FATCA Metadata XML Schema User Guide (IRS Publication 5188) posted on XXX.xxx, for all exchange of information, including notices described in Paragraph 4.3, pursuant to the IGA.