- 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 that the formalities constitutionally required in their respective States have been complied with, and its provisions shall have effect 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.
- 2
- Notwithstanding the provision of paragraph 1, the provisions of paragraph 5 of Article 23 and paragraph 3 of Article 24 shall only apply if, after the signing of this Convention, Cyprus has introduced the necessary legal basis in relation to these provisions. In such case, Cyprus shall inform the Netherlands through diplomatic channels of the date from which Cyprus has introduced the necessary legal basis.
