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<h1>Ratification and exchange of instruments required for bilateral tax conventions to take effect under OECD and UN Models.</h1> The entry into force provisions for bilateral tax conventions based on the OECD and UN Model Tax Conventions. It specifies that the convention must be ratified, and the instruments of ratification exchanged promptly. The convention becomes effective upon this exchange, with specific provisions taking effect in each contracting state. The UN Model Convention mirrors the OECD's Article 31, emphasizing consistency in international tax agreements.