1. Introductory Text

2. Introductory

   1. 1. Citation and commencement

   2. 2. Implementation of the treaty etc

3. Scope

   1. 3. Meaning of “reporting financial institution”

   2. 4. Meaning of “depository institution”

   3. 5. Meaning of “investment entity”

   4. 6. Meaning of “custodial institution”

   5. 7. Meaning of “relevant holding company”

   6. 8. Meaning of “treasury company”

   7. 9. Meaning of “reportable account”

   8. 10. Non-resident reporting financial institution’s UK representative

4. Obligations in relation to financial accounts

   1. 11. Identification obligation

   2. 12. Reporting obligation

   3. 13. Modifications for calendar years 2014 to 2016

5. Obligations in relation to payments to a non-participating financial institution

   1. 14. Identification and disclosure obligations

   2. 15. Reporting obligation: payments to non-participating financial institutions

6. Penalties for breach of obligations

   1. 16. Penalties for failure to comply with Regulations

   2. 17. Daily default penalty

   3. 18. Penalties for inaccurate information: reportable accounts

   4. 19. Penalties for failure to report or accurately report payments to non-participating financial institutions

   5. 20. Matters to be disregarded in relation to liability to penalties

   6. 21. Assessment of penalties

   7. 22. Right to appeal against penalty

   8. 23. Procedure on appeal against penalty

   9. 24. Increased daily default penalty

   10. 25. Enforcement of penalties

7. Miscellaneous

   1. 26. Accounts with a negative value

   2. 27. Anti-avoidance

8. Supplementary

   1. 28. Definitions

   2. 29. Revocation

9. Signature

10. Explanatory Note