Exchange of CbC report

(1) Pursuant to the Convention Articles 6, 21 and 22, the Competent Authority of Belize shall annually exchange on an automatic basis the CbC report received from the reporting entity with all such other Competent Authorities of Jurisdictions to which it intends to have the Agreement in effect as prescribed by Regulations. (2) Notwithstanding subsection (1), the Competent Authority of Belize shall not send reports to the Competent Authorities of jurisdictions that have indicated that they are to be listed as nonreciprocal jurisdictions on the basis of their notification pursuant to Article 8 of the Agreement (MCAA CbC). etc.