Article 31 - Termination - Czech Republic

ARTICLE 31 TERMINATION This Convention shall remain in force indefinitely 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 beginning after the expiration of five years from the date of entry into force of the Convention. In such event, the Convention shall cease to have effect: (a) in India, in respect of income derived in any previous year on or after the first April next following the calendar year in which the notice is given and in respect of capital held at the expiry of any previous year beginning on or after first April next following the calendar year in which the notice of termination is given; (b) in the Czech Republic, (i) in respect of taxes withheld at source, to income paid or credited on or after first January in the calendar year next following that in which the notice is given; (ii) in respect of other taxes on income and taxes on capital, to income or capital in any taxable year beginning on or after first January in the calendar year next following that in which the notice is given. In witness whereof the undersigned, being duly authorised thereto, have signed this Convention. DONE in duplicate at PRAGUE this 1st day of October, 1998 in the Hindi, English and Czech languages, all three texts being equally authentic. In case of divergence between the texts the English text shall be the operative one. Sd/- For the Government of the Republic of India Sd/- For the Government of the Czech Republic