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ARTICLE 34

Termination

(1) This Convention shall remain in force until denounced by one of the Contracting Parties. Either Party may denounce the Convention, through the diplomatic channel, by giving notice of termination at least six months before the end of any calendar year after the year 1981. In such event the Convention shall cease to have effect for taxable years and periods beginning after the end of the calendar year in which the notice of termination is given.

(2) Notwithstanding the provisions of paragraph 1, either of the Contracting Parties may denounce the application of Article 8 of the Convention with respect to profits from the operation of ships separately, through the diplomatic channel, by giving notice of termination at least six months before the end of any calendar year after the year 1977. In such event the said Article shall cease to apply in respect of such profits to taxable years and periods beginning after the end of the calendar year in which the notice of termination is given.

(3) Notwithstanding the provisions of paragraph 1, either of the Contracting Parties may denounce the application of Article 8 of the Convention with respect to profits from the operation of aircraft separately, through the diplomatic channel, by giving notice of termination at least six months before the end of any calendar year after the year 1980. In such event the said Article shall cease to apply in respect of such profits to taxable years and periods beginning after the end of the calendar year in which the notice of termination is given.

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

DONE in two originals in the Dutch language at Paramaribo on the twenty-fifth day of November 1975.

FOR THE GOVERNMENT OF THE KINGDOM OF THE NETHERLANDS:

J. M. DEN UYL

FOR THE GOVERNMENT OF THE REPUBLIC OF SURINAME:

H. A. E. ARRON