Acta Francisci Pp. 655

to the Account Holder with respect to the account during the calendar year or other appropriate reporting period with respect to which the Reporting HS/VCS Financial Institution is the obli- gor or debtor, including the aggregate amount of any redemption payments made to the Account Holder during the calendar year or other appropriate reporting period.

Article 3 time And mAnner of exchAnge of informAtion

1. For purposes of the exchange obligation in Article 2 of this Agreement, the amount and characterization of payments made with respect to a U.S. Re- portable Account may be determined in accordance with the principles of the laws of the Holy See and the Vatican City State.

2. For purposes of the exchange obligation in Article 2 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 2 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) through 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) through 2(g) of Article 2 of this Agreement, except for gross proceeds described in subparagraph 2(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 sub- paragraphs 2(a) through 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 HS/VCS Financial Institution as of the Determination Date, and subject to paragraph 2 of Article 6 of this Agreement, the HS/VCS 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 HS/VCS Financial Institution. In such a case, the HS/ VCS shall obtain and include in the exchanged information the date of birth of the relevant person, if the Reporting HS/VCS Financial Institution has such date of birth in its records.