ENTRY INTO FORCE ENTRY INTO FORCE

(1)

Each of the Contracting States shall notify to the other, through diplomatic channels, the completion of the procedures required by its law for the bringing into force of this Convention. This Convention shall enter into force on the date of the later of these notifications and shall thereupon 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 this Convention enters into force;

(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 this Convention enters into force; and

(iii)

in respect of petroleum revenue tax, for any chargeable period beginning on or after 1st January in the calendar year next following that in which this Convention enters into force;

(b)

in Norway:

in respect of taxes on income or capital relating to any calendar year beginning on or after 1st January in the calendar year next following that in which this Convention enters into force (including accounting periods beginning in any such year).

(2)

The Convention between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Kingdom of Norway for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and Capital signed at Oslo on 3rd October 1985 shall terminate and cease to be effective from the date upon which this Convention has effect in respect of the taxes to which this Convention applies in accordance with the provisions of paragraph (1) of this Article.