Article 29. TERMINATION

The Convention is to remain in effect indefinitely, unless terminated by a Contracting State. The Convention may be termi­

nated by either Contracting State at any time after 5 years from

the date of its entry into force, provided that at least six

months' prior notice has been given, in writing, through diplo­

matic channels. The termination will have effect in respect of

tax withheld at source, for amounts paid or credited on or after,
and in respect of other taxes, to fiscal periods beginning on or

after, the first day of January next following the expiration of

the six-month period. Thus, if notice is given prior to July 1
of any calendar year after the five-year period has elapsed, the
provisions of the Convention will cease to have effect for
withholding purposes with respect to any payment made or credited

on or after January 1 of the following year, and for other purposes for taxable years beginning on or after January 1 of the

following year.

AUSTRIA 402

Supp. No. 6 (1998)