Article 25 - Exchange of information - Great Britain and Northern Ireland (Old - Effective upto 10-02-1994)

ARTICLE 25 Exchange of information The competent authorities of the Contracting States shall exchange such information (being information and documents which are at their disposal under their respective taxation laws and obtained in the normal course of administration) as is necessary for carrying out the provisions of this Convention or for the prevention of fraud or the administration of statutory provisions against the legal avoidance in relation to the taxes which are the subject of this Convention. Any information or documents so exchanged shall be treated as secret but may be disclosed to persons (including a court or administrative body) concerned with assessment, collection, enforcement or prosecution in respect of taxes which are the subject of this Convention. No information or documents shall be exchanged which would disclose any trade, business, industrial or professional secret or any trade process.