Article 29 - Termination - Brazil

ARTICLE 29 TERMINATION Either Contracting State may terminate this Convention after a period of five years from the date on which the Convention enters into force by giving to the other Contracting State, through diplomatic channels, a written notice of termination, provided that any such notice shall be given only on or before the thirtieth day of June in any calendar year. In such case, the Convention shall cease to have effect : (a) in Brazil : I. in respect of taxes withheld at source, to amounts paid or credited on or after the first day of January of the calendar year immediately following that in which the notice of termination is given : II in respect of other taxes, for taxable years beginning on or after the first day of January of the calendar year immediately following that in which the notice of termination is given; (b) in India : in respect of income arising in any previous year beginning on or after the first day of April immediately following the calendar year in which the notice is given. In witness whereof the undersigned being duly authorised thereto have signed this Convention. Done at New Delhi this 26th day of April, 1988, in duplicate in Hindi, Portuguese and English languages, all three texts being equally authentic. In case of any divergence of interpretation the English text shall prevail. For the Government of the For the Government of the Republic of India Federative Republic of Brazil Sd/- Sd/- P. K. APPACHOO OCTAVIO RAINHO DA SILVA NEVES