(1) Each of the Contracting States shall notify to the other the
completion of the procedure required by its law for the bringing
into force of this Convention.
(2) The Convention shall enter into force on the date of
receipt of the later of these notifications and shall thereupon
have effect, subject to the provisions of paragraph (3) of this
Article;
(a) in the United Kingdom:
(i) in respect of income tax and capital gains tax, for any year
of assessment beginning on or after 6 April;
(ii) in respect of corporation tax, for any financial year
beginning on or after 1 April;
(iii) in respect of development land tax, for any realised
development value accruing on or after I April; and
(iv) in respect of petroleum revenue tax, for any chargeable
period beginning on or after 1 January;
(b) in Sweden in respect of income or capital gains derived on or after 1 January;
in either case in the calendar year following that in which the
later of these notifications is received.
(3) The provisions of Article 18 shall not have effect in
Sweden in respect of income derived before 1 January 1985 and shall
not have effect in the United Kingdom in respect of income tax
before 6 April 1985.
(4) Subject to the provisions of paragraph (5) of this
Article, the following Agreements between the United Kingdom and
the Kingdom of Sweden shall terminate and cease to be effective
from the date upon which this Convention has effect in respect of
the taxes or income or capital gains to which this Convention, in
accordance with the provisions of paragraphs (2) and (3) of this
Article, applies:
(a) the Convention between the Government of the United Kingdom
of Great Britain and Northern Ireland and the Government of the
Kingdom of Sweden for the Avoidance of Double Taxation and the
Prevention of Fiscal Evasion with respect to Taxes on Income signed
at London on 28 July 1960 (a), as amended by the Protocols signed
at London on 25 March 1966 (b), 27 June 1968 (c), 27 September 1973
(d) and at Stockholm on 6 June 1979 (e);
(b) the Agreement dated 19 December 1924, for the Reciprocal
Exemption from Income Tax in certain cases of Profits accruing from
the Business of Shipping (f);
(c) the Agreement dated 6 July 1931, for the Reciprocal
Exemption from Taxes in certain cases on income arising through
Agencies (g).
(5) This Convention shall not affect any Agreement in force extending previous Conventions between the Contracting States to territories for whose foreign relations either State is responsible.
