This Agreement shall remain in force until either of the Contracting State deliver a written notification through the diplomatic channel for its desire to terminate this Agreement; such a written notification must be given on or before the 30th of June in any calendar year beginning after the expiration of a period of five years from the date of its entry into force. In such event this Agreement shall cease to have effect:
- (a) in respect of taxes withheld at source, to income paid or credited on or after the first day of January in the calendar year next following that in which the notice is given;
- (b) in respect of other taxes on income and taxes on capital, to income or capital in any taxable year beginning 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 at Washington on the thirtieth day of September 1996, corresponding to the seventeenth day of Jumada I 1417 H, in duplicate in the Czech, Arabic and English languages, all texts being equally authentic. In the case there is any divergence of interpretation of the provisions of this Agreement the English text shall prevail.
FOR THE CZECH REPUBLIC:
DEPUTY PREMIER, THE MINISTER OF FINANCE
FOR THE UNITED ARAB EMIRATES:
AHMED HUMAID ALTAYER
MINISTER OF STATE FOR FINANCE AND INDUSTRY