(Section 2)
APPLICATION
1. The said Convention as modified by the present Annex shall apply in the case of Saint Lucia—
(a) as if the Contracting Parties were the Swiss Federal Council and the Government of Saint Lucia ;
(b) as if the taxes concerned in the case of Saint Lucia were income tax;
(c) as if references to “the date of signature of the present Convention” were references to the date of the Exchange of Notes to which the present Annex is appended.
2. When the last of those measures shall have been taken in Switzerland and in Saint Lucia necessary to give the present extension the force of law in Switzerland and in Saint Lucia respectively, the present extension shall have effect—
(a) in Switzerland : for any taxable year beginning on or after the first day of January, 1961; and
(b) in Saint Lucia : as respects taxes charged for the year of assessment or year of income beginning on the 1st January 1961, and for subsequent years, years of assessment or years of income.
3. The Swiss Federal Council shall inform the Government of the United Kingdom in writing through the diplomatic channel when the last of the measures necessary, as indicated in paragraph (2) have been taken in Switzerland. The Government of the United Kingdom shall inform the Swiss Federal Council in writing through the diplomatic channel when the last of the measures necessary, as indicated in paragraph (2), have been taken in Saint Lucia.
(4) The present extension shall continue in effect indefinitely but either the Government of the United Kingdom or the Swiss Federal Council may, on or before the 30th of June in any calendar year not earlier than the year 1966 give to the other through the diplomatic channel written notice of termination which may apply to Saint Lucia and in such event the present extension shall cease to have effect,
(a) in Switzerland : for any taxable year beginning on or after the first day of January of the calendar year next following that in which the notice is given ; and
(b) in Saint Lucia : as respects taxes charged for any year, year of assessment or year of income beginning on or after 1st January, 1961 in the calendar year next following that in which the notice is given.
MODIFICATIONS
The said Convention shall, for the purposes of the extension to Saint Lucia, apply with the following modifications—
(a) For the purposes of the extension of the Convention to Saint Lucia, Article VI shall be deleted ;
(b) for the purposes of the extension of the Convention to Saint Lucia, references to interest in Article VII of the Convention shall be deemed to be deleted, and in Article XV (3) the words in brackets shall be deemed to be replaced by the words “other than dividends and interest”;