§
- 1. The Governments of the Contracting States shall notify each other, through diplomatic channels when the internal procedures required by each Contracting State for the entry into force of this Convention have been complied with.
§
- 2. The Convention shall enter into force after the period of three months following the date of receipt of the later of the notifications and its provisions shall have effect:
§
- (i) in respect of taxes withheld at source, on or after the date on which the Convention enters into force;
§
- (ii) in respect of other taxes, for taxation years beginning on or after the date on which the Convention enters into force;
§
- (iii) for all other matters, on or after the date on which the Convention enters into force.
§
- 3. The Convention between the United Kingdom of Great Britain and Northern Ireland and Spain for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital signed at London on 21st October 1975, as modified by a subsequent exchange of notes (‘the prior Convention’), shall cease to have effect in respect of any tax with effect from the date upon which this Convention has effect in respect of that tax in accordance with the provisions of paragraph 2 and shall terminate on the last such date.
§
- 4. Notwithstanding the provisions of this Article, the provisions of Articles 25 (Mutual Agreement Procedure) and 26 (Exchange of Information) shall, in accordance with subparagraph iii) of paragraph 2, have effect from the date of entry into force of this Convention, without regard to the taxable year or chargeable period to which the matter relates. However, paragraph 5 of Article 25 shall apply only to cases first presented to the competent authority on or after the date on which this Convention enters into force.
§
- 5. Notwithstanding the entry into force of this Convention, an individual who is benefiting from Article 21 (Teachers) of the prior Convention at the time of entry into force of this Convention shall continue to be entitled to that benefit as if the prior Convention had remained in force.