(1) Each of the Contracting States shall notify to the other the completion of the procedures required by its law for the bringing into force of this Protocol.
(2) This Protocol shall enter into force on the date of the receipt of the later of these notifications and shall there upon have effect:
(a)in the United Kingdom:
(i)in respect of income tax, for any year of assessment beginning on or after 6th April 1994;
(ii)in respect of corporation tax, for any financial year beginning on or after 1st April 1994;
(b)in the Republic of Ireland:
(i)in respect of income tax, for any year of assessment beginning on or after 6th April 1994;
(ii)in respect of corporation tax, for any financial year beginning on or after 1st April 1994.