Article 30 - Entry into force - Montenegro

ARTICLE 30 ENTRY INTO FORCE 1. The Contracting States shall notify each other in writing through diplomatic channels, the completion of the procedure required by he respective laws for the entry into force of this Convention. 2. The Convention shall enter into force on the date of the later of the notifications referred to in paragraph 1 of this Article and its provisions shall have effect: 1) in Serbia and Montenegro in respect of the taxes on income derived and the taxes on capital owned in each fiscal year beginning on or after the first day of January in the calendar year next following the year in which this convention enters into force; 2) in respect of the taxes on income derived and the taxes on capital owned in each fiscal year beginning on or after the first day of April in the calendar year next following the year in which this Convention enters into force.