Article 29 - Termination - South Africa

ARTICLE 29 TERMINATION 1. This Agreement shall remain in force indefinitely but either of the Contracting States may terminate the Agreement through the diplomatic channel, by giving to the other Contracting State written notice of termination not later than 30th June of any calendar year starting five years after the year in which the Agreement entered into force: 2. In such event, the Agreement shall cease to apply : (a) in India : (i) in respect of taxes withheld at source, for amounts paid or credited in the fiscal year beginning in the calendar year next following that in which notice is given; and (ii) in respect of other taxes, for any fiscal year beginning in the calendar year next following that in which such notice is given; (b) in South Africa, in respect of fiscal years beginning after the end of the calendar year in which such notice is given. IN WITNESS WHEREOF the undersigned, being duly authorised thereto, have signed this Agreement. DONE at New Delhi in duplicate, this Fourth day of December, 1996, in the English and Hindi languages, both texts being equally authentic. In case of divergence in interpretation, the English text shall prevail. Sd/- Sd/- (P. CHIDAMBARAM) ALEC ERWIN The Minister of Finance The Minister of Trade and Industry For the Government of For the Government of the the Republic of India Republic of South Africa