- 1
- This Convention shall enter into force on the last day of the month following the month in which the later of the notifications has been received in which the respective Contracting States have notified each other in writing through diplomatic channels that the formalities constitutionally required in their respective States have been complied with.
- 2
- The provisions of this Convention shall have effect:
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- a)in Chile, in respect of taxes on income obtained and amounts paid, credited to an account, put at the disposal or accounted as an expense, on or after the first day of January in the calendar year next following that in which this Convention enters into force, and in respect of taxes on capital, if and to the extent such tax will be imposed by Chile after the date of signature of this Convention, for tax levied in relation to capital owned on or after the first day of January of the year next following the date on which tax on capital has been introduced; and
- b)in the Netherlands, for taxable years and periods beginning, and taxable events occurring, on or after the first day of January in the calendar year following that in which the Convention has entered into force.
- 3
- Notwithstanding the provisions of paragraph 2 of this Article, the provisions of Article 27 shall enter into effect on the date of the later note completing an exchange of diplomatic notes between the Contracting States indicating that each State is able to implement that Article.
