Before the advance pricing arrangement is concluded, in case of any significant occurrence of the events that would affect the transaction result, the Applicant or its agent shall inform the collection authority-in-charge in writing within one month, and modify the documents and reports as set forth in Paragraph 1 of the preceding article within the prescribed time limit to be submitted to the collection authority-in-charge. In case that it does not inform or submit the modified documents according to the regulations, the collection authority-in-charge may terminate the negotiation.