Mutual Legal Assistance (Tax Matters) (Amendment of Schedule) Order, 2013 (SI 2013 No. 14)

Summary

This Order is a minor technical correction to the Schedule of the Mutual Legal Assistance (Tax Matters) (No.3) Order, 2010, which had given effect to the Tax Information Exchange Agreement and Protocol between the British Virgin Islands and the Kingdom of the Netherlands (in respect of the Netherlands Antilles). It does not create new substantive obligations for regulated entities; it corrects drafting errors in the text of the underlying Agreement and Protocol.

• Agreement, Article 6: The word "Requesting" is replaced with "Requested"; in the signatory lines, "O'Neil" is corrected to "O'Neal" and "Prime Minister" is corrected to "Premier".
• Protocol, Article 2: The word "Requesting" is deleted; in the signatory lines, "O'Neil" is corrected to "O'Neal" and "Prime Minister" is corrected to "Premier".
• Effect: These corrections are treated as if they had always been part of the original signed Agreement and Protocol; all other terms and conditions remain unchanged.

As a technical amendment to an intergovernmental tax information exchange instrument, this Order has no direct compliance action for BVI-regulated financial services businesses beyond the corrected treaty text itself.

Related documents

• This document is made under Mutual Legal Assistance (Tax Matters) Act, 2003 (No. 18 of 2003)
• This document amends Mutual Legal Assistance (Tax Matters) (No.3) Order, 2010