- 1
- The present Agreement shall enter into force on the first day of the second month following the date on which the Contracting Parties have notified each other in writing that their constitutionally or by law required procedures have been complied with, and shall remain in force for a period of fifteen years.
- 2
- Unless notice of termination has been given by either Contracting Party at least six months before the date of the expiry of its validity, the present Agreement shall be extended tacitly for periods of ten years, whereby each Contracting Party reserves the right to terminate the Agreement upon notice of at least six months before the date of expiry of the current period of validity.
- 3
- In respect of investments made before the date of the termination of the present Agreement the foregoing Articles shall continue to be effective for a further period of fifteen years from that date.
- 4
- Subject to paragraph 2 of this Article, the Kingdom of the Netherlands shall be entitled to terminate the application of the present Agreement separately in respect of any parts of the Kingdom, in accordance with the Charter for the Kingdom of the Netherlands.
- 5
- Upon entry into force of the present Agreement, the Agreement on the Protection of Investments between the Kingdom of the Netherlands and the Socialist Federal Republic of Yugoslavia, signed on 16 February 1976, shall be terminated in the relation between the Kingdom of the Netherlands and Bosnia and Herzegovina, and replaced by the present Agreement.
- The present Agreement will only terminate the Agreement on the Protection of Investments between the Kingdom of the Netherlands and the Socialist Federal Republic of Yugoslavia, signed on 16 February 1976, in relation with Bosnia and Herzegovina and those parts of the Kingdom of the Netherlands to which the present Agreement applies in conformity with the notification mentioned in article 13 (1) of this Agreement.
