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ARTICLE 30

Termination

This Agreement shall remain in effect indefinitely, but either Contracting State may terminate this Agreement, through diplomatic channel, by giving to the other Contracting State written notice of termination on or before 30 June in any calendar year after the period of five years from the date on which this Agreement enters into force. In such an event this Agreement shall cease to have effect:

  • (a) in Malaysia:
    • (i) in respect of Malaysian tax, other than petroleum income tax, to tax chargeable for any year of assessment beginning on or after 1 January in the calendar year following the year in which the notice is given; and
    • (ii) in respect of petroleum income tax, to tax chargeable for any year of assessment beginning on or after 1 January of the second calendar year following the year in which the notice is given.
  • (b) in San Marino:
    • (i) with respect to taxes withheld, to the amounts collected as from 1 January of the calendar year next following that in which the notification of termination is given; and
    • (ii) with respect to the other taxes on income, to the taxes referred to taxable periods as from 1 January of the calendar year next following that in which the notification of termination is given.

IN WITNESS WHEREOF, the undersigned, duly authorised thereto, by their respective Governments, have signed this Agreement.

DONE in duplicate at Kuala Lumpur, this nineteenth day of November 2009, each in the Malay, Italian and English languages, the three texts being equally authentic. In case of any divergence in the interpretation and the application of this Agreement, the English text shall prevail.

FOR THE GOVERNMENT OF MALAYSIA:

FOR THE GOVERNMENT OF THE REPUBLIC OF SAN MARINO: