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ARTICLE 32

Termination

This Convention shall continue in effect for an unlimited period 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, notice of termination and, in such event, this Convention shall cease to have effect:

  • (a) in the case of taxes withheld at source, in respect of amounts paid on or after the first day of January of the calendar year next following that in which notice of termination is given;
  • (b) in the case of other taxes, in respect of taxes levied for periods beginning on or after the first day of January of the calendar year next following that in which notice of termination is given.

DONE at Berlin on the fourth day of July 2001 in duplicate, each in the German, Romanian and English languages, all three texts being authentic. In the case of divergent interpretation of the German and Romanian texts, the English text shall prevail.

FOR THE FEDERAL REPUBLIC OF GERMANY:

G. WESTDICKENBERG

FOR ROMANIA:

TANASESCU