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Each of the Contracting Governments shall notify to the other the completion of the procedure required by its law for the bringing into force of this Protocol. This Protocol shall enter into force on the date of the later of these notifications and shall thereupon have effect:
(a)in the United Kingdom, for any year of assessment, financial year or chargeable period beginning on or after 1st April in the calendar year next following that in which the Protocol enters into force;
(b)in the Netherlands, for taxable years and periods beginning on or after 1st January in the calendar year next following that in which the Protocol enters into force.
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