(1) This Convention shall remain in force until terminated by one of the Contracting States. 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 expiry of five years from the date of entry into force of the Convention.
(2) This Convention shall cease to have effect:
- (a) with regard to taxes withheld at source, in respect of amounts paid or credited on or after 1 January of the calendar year following the year in which the notice is given; and
- (b) with regard to other taxes, in respect of taxable years (and in the case of United Kingdom corporation tax, financial years) beginning on or after 1 January of the calendar year following the year in which the notice is given.
IN WITNESS WHEREOF, the undersigned, duly authorised thereto by their respective Governments, have signed this Convention.
DONE in duplicate at Dubai, this twelfth day of April 2016, in the English and Arabic languages, both texts being equally authentic. In case of any divergence between the texts, the English text shall prevail.
FOR THE GOVERNMENT OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND:
FOR THE GOVERNMENT OF THE UNITED ARAB EMIRATES:
OBAID BIN HUMAID AL TAYER