background image
Note: This Treaty may be impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). MLI impact on Tax Treaties is available with the Orbitax International Tax Research & Compliance Expert.

ARTICLE 17

Termination

This Agreement shall remain in force indefinitely until terminated by a Member State. A Member State may terminate the Agreement, through diplomatic channels, by giving notice of termination at least six months before the end of any calendar year beginning after the expiration of five years from the date of entry into force of the Agreement. In such event, the Agreement shall cease to have effect:

  • (i) in Bangladesh, in respect of income derived in any fiscal year on or after 1 July next following the expiration of six months period from the date on which the written notice of termination is given;
  • (ii) in Bhutan, in respect of income derived in any fiscal year on or after 1 July next following the expiration of six months period from the date on which the written notice of termination is given;
  • (iii) in India, in respect of income derived in any fiscal year on or after 1 April next following the expiration of six months period from the date on which the written notice of termination is given;
  • (iv) in Maldives, in respect of income derived in any fiscal year on or after 1 January next following the expiration of six months period from the date on which the written notice of termination is given;
  • (v) in Nepal, in respect of income derived in any fiscal year on or after the first day of mid-July next following the expiration of six months period from the date on which the written notice of termination is given;
  • (vi) in Pakistan, in respect of income derived in any fiscal year on or after 1 July next following the expiration of six months period from the date on which the written notice of termination is given; and
  • (vii) in Sri Lanka, in respect of income derived on or after 1 April of the year next following the expiration of six months period from the date on which the written notice of termination is given.

IN WITNESS WHEREOF, the undersigned, duly authorized thereto, have signed this Agreement.

DONE at Dhaka, Bangladesh, on this thirteenth day of November 2005, in nine originals in the English language, all texts being equally authentic.

FOR THE PEOPLE'S REPUBLIC OF BANGLADESH:

M. MORSHED KHAN

FOR THE KINGDOM OF BHUTAN:

KHANDU WANGCHUK

FOR THE REPUBLIC OF INDIA:

E. AHAMED

FOR THE REPUBLIC OF MALDIVES:

AHMED SHAHEED

FOR THE KINGDOM OF NEPAL:

RAMESH NATH PANDEY

FOR THE ISLAMIC REPUBLIC OF PAKISTAN:

KHURSHID M. KASURI

FOR THE DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA:

ANURA BANDARANAIKE