Article 31 - Termination - Serbia

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 in 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 8th day of February, 2006 in the Serbian, Hindi and English languages, all three texts being equally authentic. In case of any divergence of interpretation, the English text shall prevail. FOR THE COUNCIL OF MINISTERS FOR THE GOVERNMENT OF SERBIA AND MONTENEGRO OF THE REPUBLIC OF INDIA PREDRAG IVANOVIĆ P. CHIDAMBARAM MINISTER FOR INTERNATIONAL MINISTER OF FINANCE ECONOMIC RELATIONS