This Convention shall remain in force indefinitely but either of the Contracting States may, on or before the thirtieth day of June in any calendar year beginning after the expiration of a period of five years from the date of its entry into force, give the other Contracting State through diplomatic channels, written notice of termination and, in such event, this Convention shall cease to have effect:
- (a) in Pakistan in respect of income arising in any year of assessment beginning on or after the 1st day of July next following the calendar year in which the notice is given;
- (b) in United Arab Emirates in respect of income arising in any year of assessment beginning on or after the 1st day of January next following the calendar year in which the notice is given;
IN WITNESS WHEREOF, the undersigned, being duly authorised thereto, have signed the present Convention.
DONE in duplicate at Islamabad this 7th day of February one thousand nine hundred and ninety three in the English language.
FOR THE GOVERNMENT OF THE UNITED ARAB EMIRATES:
AHMED HUMAID AL-TAYER
MINISTER OF STATE FOR FINANCE AND INDUSTRY
FOR THE GOVERNMENT OF THE ISLAMIC REPUBLIC OF PAKISTAN:
MINISTER FOR FINANCE AND ECONOMIC AFFAIRS