DT2829 - DT: Austria: double taxation agreement, Article 30: Entry into force

(1) This Convention shall be ratified and the instruments of ratification shall be exchanged at Vienna as soon as possible.

(2) This Convention shall enter into force upon the exchange of the instruments of ratification(a) and shall thereupon have effect:

(a) in the United Kingdom: (i) as respects income tax (including surtax) and capital gains tax, for any year of assessment beginning on or after 6th April, 1969; and (ii) as respects corporation tax, for any financial year beginning on or after 1st April, 1969;
(b) in Austria: for any taxable year beginning on or after 1st January, 1969.

(3) Subject to the provisions of paragraph (4) of this Article the Convention between the United Kingdom of Great Britain and Northern Ireland and the Republic of Austria for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income signed at Vienna on 20th July, 1956(a) shall cease to have effect as respects taxes to which this Convention in accordance with the provisions of paragraph (2) of this Article applies.

(4) Where any provision of the Convention signed on 20th July, 1956 would have afforded any greater relief from tax any such provision as aforesaid shall continue to have effect for any year of assessment, financial year or taxable year beginning before the entry into force of this Convention.

(5) The provisions of sub-paragraphs (a) and (b) of paragraph (2) of this Article, of paragraph (3) of this Article and of paragraph (4) of this Article shall not apply in relation to dividends but the provisions of this Convention shall have effect, and the provisions of the Convention signed on 20th July, 1956 shall cease to be effective, in relation to dividends payable after the expiration of thirty days following the date of entry into force of this Convention.

(6) The Convention signed on 20th July, 1956 shall terminate on the last date on which it has effect in accordance with the foregoing provisions of this Article.