This Convention shall remain in force until terminated by one of the Contracting States. Either Contracting State may terminate this Convention, through diplomatic channels, by giving notice of termination at least six months before the end of any calendar year beginning after the expiry of five years from the date of entry into force of this Convention.
In such event, this Convention shall cease to have effect in both Contracting States:
- a)in respect of taxes withheld at source, for amounts paid or credited on or after the first day of January of the year next following that in which the notice of termination is given;
- b)in respect of other taxes, for taxable periods beginning on or after the first day of January of the year next following that in which the notice of termination is given.
Notice of termination shall be regarded as having been given by a Contracting State on the date of receipt of such notice by the other Contracting State.
