Article 31 - Termination - Chile

ARTICLE 31 TERMINATION This Agreement shall remain in force indefinitely until terminated by a Contracting State. Either Contracting State may terminate the Agreement, through diplomatic channels, by giving notice of termination at least six months before the end of any calendar year beginning after the expiration of five years from the date of entry into force of the Agreement. In such event, the Agreement shall cease to have effect: (a) in India, in respect of income derived in any fiscal year on or after the first day of April next following the calendar year in which the notice is given; and (b) in Chile, in respect of taxes on income obtained and amounts paid, credited to an account, put at the disposal or accounted as an expense, on or after the first day of January in the calendar year next following that in which the notice is given. IN WITNESS WHEREOF the undersigned, duly authorised thereto, have signed this Agreement. DONE in duplicate at Santiago, Republic of Chile, this 9th March 2020, in the English, Hindi and Spanish languages, all texts being equally authentic. In case of divergence of interpretation, the English text shall prevail. FOR THE GOVERNMENT OF THE FOR THE GOVERNMENT OF THE REPUBLIC OF INDIA REPUBLIC OF CHILE Sd/- Sd/- Ms. Anita Nayar Mr. Ignacio Briones Ambassador of India to Republic of Chile Minister of Finance, Republic of Chile