1. Each of the Contracting States shall notify the other, through diplomatic channels, of  the completion of the procedures required by its law for the entry into force of this  Convention.

2. This Convention shall enter into force sixty days after the date of the latter of the  notifications and its provisions shall have effect:  

a) in respect of taxes withheld at source, on income derived on or after 1st January of the  calendar year next following the year in which the Convention enters into force; 

b) in respect of other taxes on income and on property, for any taxable year beginning on  or after 1st January of the calendar year next following the year in which the  Convention enters into force.