Common use of Other New Entity Accounts Clause in Contracts

Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Australian Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) an Australian Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a participating FFI, a deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (iv) an Active NFFE or Passive NFFE. 1. Subject to subparagraph B(2) of this section, a Reporting Australian Financial Institution may determine that the Account Holder is an Active NFFE, an Australian Financial Institution, or other Partner Jurisdiction Financial Institution if the Reporting Australian Financial Institution reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number or other information that is publicly available or in the possession of the Reporting Australian Financial Institution, as applicable. 2. If the Account Holder is an Australian Financial Institution or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. 3. In all other cases, a Reporting Australian Financial Institution must obtain a self-certification from the Account Holder to establish the Account Holder’s status. Based on the self-certification, the following rules apply: a) If the Account Holder is a Specified U.S. Person, the Reporting Australian Financial Institution must treat the account as a U.S.

Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Australian Indian Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) an Australian Indian Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a participating FFI, a deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (iv) an Active NFFE or Passive NFFE. 1. Subject to subparagraph B(2) of this section, a Reporting Australian Indian Financial Institution may determine that the Account Holder is an Active NFFE, an Australian Indian Financial Institution, or other Partner Jurisdiction Financial Institution if the Reporting Australian Indian Financial Institution reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number or other information that is publicly available or in the possession of the Reporting Australian Indian Financial Institution, as applicable. 2. If the Account Holder is an Australian Indian Financial Institution or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. 3. In all other cases, a Reporting Australian Indian Financial Institution must obtain a self-certification from the Account Holder to establish the Account Holder’s status. Based on the self-certification, the following rules apply: a) If the Account Holder is a Specified U.S. Person, the Reporting Australian Indian Financial Institution must treat the account as a U.S.

Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Australian Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) an Australian Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a participating FFI, a deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (iv) an Active NFFE or Passive NFFE. 1. Subject to subparagraph B(2) of this section, a Reporting Australian Financial Institution may determine that the Account Holder is an Active NFFE, an Australian Financial Institution, or other Partner Jurisdiction Financial Institution if the Reporting Australian Financial Institution reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number or other information that is publicly available or in the possession of the Reporting Australian Financial Institution, as applicable. 2. If the Account Holder is an Australian Financial Institution or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. 3. In all other cases, a Reporting Australian Financial Institution must obtain a self-certification from the Account Holder to establish the Account Holder’s status. Based on the self-certification, the following rules apply: a) If the Account Holder is a Specified U.S. Person, the Reporting Australian Financial Institution must treat the account as a U.S.a

Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Australian Montserrat Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) an Australian a Montserrat Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a participating FFI, a deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (iv) an Active NFFE or Passive NFFE. 1. Subject to subparagraph B(2) of this section, a Reporting Australian Montserrat Financial Institution may determine that the Account Holder is an Active NFFE, an Australian a Montserrat Financial Institution, or other Partner Jurisdiction Financial Institution if the Reporting Australian Montserrat Financial Institution reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number or other information that is publicly available or in the possession of the Reporting Australian Montserrat Financial Institution, as applicable. 2. If the Account Holder is an Australian a Montserrat Financial Institution or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. 3. In all other cases, a Reporting Australian Montserrat Financial Institution must obtain a self-certification from the Account Holder to establish the Account Holder’s status. Based on the self-certification, the following rules apply: a) If the Account Holder is a Specified U.S. Person, the Reporting Australian Montserrat Financial Institution must treat the account as a U.S.