The Saeima has adopted and the President promulgated the following laws: a memorandum of understanding between the European Community, the Kingdom of Belgium, the Czech Republic, the Kingdom of Denmark, the Federal Republic of Germany, the Republic of Estonia, the Hellenic Republic, the Kingdom of Spain, the French Republic, Ireland, the Italian Republic, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Grand Duchy of Luxembourg, the Republic of Hungary, the Republic of Malta, the Kingdom of the Netherlands, the Republic of Austria, the Republic of Poland, the Portuguese Republic, the Republic of Slovenia, the Slovak Republic, the Republic of Finland , The Kingdom of Sweden, the United Kingdom of Great Britain and Northern Ireland and the Principality of Liechtenstein in article 1. 2004 December 7, signed the memorandum of understanding between the European Community, the Kingdom of Belgium, the Czech Republic, the Kingdom of Denmark, the Federal Republic of Germany, the Republic of Estonia, the Hellenic Republic, the Kingdom of Spain, the French Republic, Ireland, the Italian Republic, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Grand Duchy of Luxembourg, the Republic of Hungary, the Republic of Malta, the Kingdom of the Netherlands, the Republic of Austria, the Republic of Poland, the Portuguese Republic, the Republic of Slovenia, the Slovak Republic, the Republic of Finland, the Kingdom of Sweden, the United Kingdom of Great Britain and Northern Ireland and the Principality of Liechtenstein (hereinafter the memorandum of understanding) with this law is adopted and approved. 2. article. The memorandum of understanding and compliance with the obligations provided for in the coordinated by the Ministry of finance. 3. article. The law shall enter into force on the day following its promulgation. With the law put a memorandum of understanding in the Latvian language. The law adopted by the Parliament of 22 June 2006. State v. President Vaira Vīķe-Freiberga in Riga, July 4, 2006 the memorandum of understanding between the European Community, the Kingdom of Belgium, the Czech Republic, the Kingdom of Denmark, the Federal Republic of Germany, the Republic of Estonia, the Hellenic Republic, the Kingdom of Spain, the French Republic, Ireland, the Italian Republic, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Grand Duchy of Luxembourg, the Republic of Hungary, the Republic of Malta, the Kingdom of the Netherlands, the Republic of Austria, the Republic of Poland, the Portuguese Republic, the Republic of Slovenia, the Slovak Republic, the Republic of Finland, the Kingdom of Sweden , The United Kingdom of Great Britain and Northern Ireland and the Principality of Liechtenstein, the Kingdom of Belgium, the Czech Republic, the Kingdom of Denmark, the Federal Republic of Germany, the Republic of Estonia, the Hellenic Republic, the Kingdom of Spain, the French Republic, Ireland, the Italian Republic, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Grand Duchy of Luxembourg, the Republic of Hungary, the Republic of Malta, the Kingdom of the Netherlands, the Republic of Austria, the Republic of Poland, the Portuguese Republic, the Republic of Slovenia, the Slovak Republic, the Republic of Finland, the Kingdom of Sweden, the United Kingdom of Great Britain and Northern Ireland and the Principality of Liechtenstein , hereinafter referred to as "Liechtenstein", have agreed on the following.   1. Introduction to Liechtenstein and the European Community concludes an agreement providing for measures equivalent to those laid down in Council in 2003, 3 June, Directive 2003/48/EC on taxation of savings income (hereinafter referred to as "the directive"). This memorandum of understanding complements this agreement.   2. Negotiations with other third countries as equivalent to the measures laid down in the directive for a transitional period, the European Community shall initiate discussions with other important financial centres with a view to encouraging these jurisdictions, the adoption of measures equivalent to those adopted by the Community.   3. notification of the intention of the signatories of this memorandum of understanding shall declare that they believe in: 1. the agreement referred to in paragraph 1 and this memorandum constitute an acceptable and balanced agreement, which may be regarded as one that ensures the interests of the parties. Therefore, they will implement in good faith the measures agreed between, and not work unilaterally, without a proper reason not to destroy the agreement. If any important difference between 3 June 2003 adopted directives and the scope of application of the agreement, in particular with regard to article 6 of the agreement, the Contracting Parties shall immediately enter into consultations in accordance with article 13 of the agreement, to ensure that the agreement is maintained in the equivalent nature of the measures. Liechtenstein undertakes to make the greatest efforts to promptly determine whether legal action was based on the exchange of information in accordance with article 10 of the agreement are acceptable in accordance with its procedural laws. The European Union and its Member States, in cooperation with Liechtenstein in Liechtenstein will be taken into account in the decision to provide measures equivalent to those laid down in the directive, including cooperation in fiscal matters. In this context, the signer agrees that each agreement article 10 paragraph 4 of the negotiations provided for in half parallel to these negotiations may put forward other tax issues, including issues related to the avoidance of double taxation and the prevention or reduction of income. This memorandum has been signed in 2004 on December 7, in duplicate, in the English, Czech, Danish, French, Greek, Dutch, Hungarian, Italian, Latvian, Lithuanian, Polish, Portuguese, slovak, Slovenian, Spanish and Swedish languages, each of these texts being equally authentic. Maltese language in authenticated parties, through an exchange of letters. This text will be as authentic as referred to in the preceding paragraph.   The Kingdom of Belgium, Jan De Bock, on behalf of the Czech Republic Jan Kohou the Danish Kingdom Claus Grub is the name of the Federal Republic of Germany, Dr. Wilhelm Schönfelder. Republic of Estonia Mr väino Reinar Republic of Greece Vassilis Kaskarel of the Kingdom of Spain Carlos bastarreche Sagues, on behalf of the French Republic Pierre Sellal Anne Anderson of Ireland, the Italian Republic, on behalf of the Rocco Antonio Cangelos for the Republic of Cyprus Nicholas Emilio Latvian Republic Peter Ustub for the Republic of Lithuania of the Grand Duchy of Luxembourg Jusy Oscar on behalf of Martine Schommer, on behalf of the Republic of Hungary, Tibor Kiss Malta On behalf of the Republic of the Netherlands, Richard Caruana Cachi Kingdom Tom De Bruijn J.A.M. Austrian Gregor Woschnagg, on behalf of the Republic for the Republic of Poland Marek Grel Portuguese Republic Alvaro Manchester Center e Moura on behalf of the Republic of Slovenia Ciril Stokelj, on behalf of the Slovak Republic for the Republic of Finland Maro Sefcovic Eikk shall on behalf of the Kingdom of Sweden Kosonen Sven-Olof Petersson of the United Kingdom of Great Britain and Northern Ireland on behalf of John grant on behalf of the European Community, Gerrit Zalm Laszlo Kovacs, on behalf of the Republic of San Marino, Fabio Berardi