Article 31 - Termination - Montenegro

ARTICLE 31 TERMINATION This Convention shall remain in force until terminated by a Contracting State. Either Contracting State may terminate the Convention, through diplomatic channels, by giving notice of termination at least six months before the end of any calendar year after the fifth year from the date of entry into force of the Convention. In such event, the Convention shall cease to 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 the notice of termination is given; 2) in India: in respect of the taxes on income derived and the taxes on capital owned each fiscal year beginning on or after the first day of April in the calendar year next following the year in which the notice of termination is given. IN WITNESS whereof the undersigned, being duly authorized thereto, have signed this Convention. DONE in duplicate at New Delhi this 8 th day of February 2006 in the English, Hindi and Serbian languages, all three texts being equally authentic. In case of any divergence of interpretation, the English text shall prevail. FOR THE GOVERNMENT OF THE REPUBLIC OF INDIA Sd/- Shri P. Chidabaram Finance Minister FOR THE COUNCIL OF MINISTER OF SERBIA AND MONTENEGRO Sd/- Prof. Dr Predrag Ivanovie Minister for International Economic Relations