This Convention shall remain in force until terminated by a Contracting State. Either Contracting State may terminate the Convention at any time after five years from the date on which the Convention enters into force provided that at least six months prior notice of termination has been given through diplomatic channels. In such event, this Convention shall cease to have effect:
- a)in the case of the Netherlands:
- (i)in respect of taxes withheld at source, to income derived on or after the first day of January in the calendar year next following the date on which the period specified in the said notice of termination expires; and
- (ii)in respect of other taxes on income and capital, to taxes chargeable for any taxable year or period beginning on or after the first day of January in the calendar year next following the date on which the period specified in the said notice of termination expires;
- b)In the case of Romania:
- (i)in respect of taxes withheld at source, to income derived on or after the first day of January in the calendar year next following the date on which the period specified in the said notice of termination expires; and
- (ii)in respect of other taxes on profits, income and capital, to taxes chargeable for any taxable year or period beginning on or after the first day of January in the calendar year next following the date on which the period specified in the said notice of termination expires.
