The Double Taxation Relief (Taxes on Income) (Malaysia) Order 1997

ARTICLE 31 Termination

This Agreement shall remain in effect indefinitely, but either Contracting State may terminate the Agreement, through diplomatic channels, by giving to the other Contracting State written notice of termination on or before 30th 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 the Agreement shall cease to have effect:

(a) in the United Kingdom:

(i) in respect of income tax and capital gains tax, for any year of assessment beginning on or after 6th April in the calendar year next following that in which the notice is given;

(ii) in respect of corporation tax, for any financial year beginning on or after 1st April in the calendar year next following that in which the notice is given;

(b) in Malaysia:

(i) in respect of taxes withheld at source, to income derived on or after 1st January in the calendar year following the year in which the notice is given;

(ii) in respect of other taxes on income, to taxes chargeable for any year of assessment beginning on or after 1st January of the second calendar year following the year in which the notice is given.

In witness whereof the undersigned, duly authorised thereto have signed this Agreement.

Done in duplicate at Kuala Lumpur this 10th day of December 1996 in the English and Bahasa Malaysia languages, both texts being equally authoritative. In the event of there being a dispute in the interpretation and the application of this Agreement, the English text shall prevail.