Tax compliance for undisclosed foreign income and assets excludes certain detained, prosecuted, notified persons and specified prior-year assets. Section 71 exempts certain persons from the Chapter on undisclosed foreign income and assets: those subject to specified detention orders under the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act while such orders remain effective or unrevoked; persons prosecuted for listed serious offences; persons notified under the Special Court for securities offences; and cases involving undisclosed foreign assets acquired from income chargeable to tax for years before the assessment year beginning 1 April 2016 where assessment or investigatory proceedings are pending, notice periods remain open after searches/requisitions/surveys, or information has been received under tax information exchange agreements. 'Asset' includes bank accounts.