- 1
- This Convention shall enter into force on the thirtieth day after the latter of the dates on which the respective Governments 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 on or after the first day of January in the calendar year following that in which the latter of the notifications has been received.
- 2
- The Convention for the avoidance of double taxation with respect to direct taxes, with Protocol, signed at The Hague on 15 November 1938, shall terminate upon the entry into force of this Convention. However, the provisions of the first-mentioned Convention shall continue in effect for taxable years and periods, which are expired before the time at which the provisions of this Convention shall be effective.