NEWSLETTER 2011
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capital shares held by the General Directorate of the Development
Bank of Turkey fell under the scope of article 7 of the Act no 4054
as well as the Communiqué no 1998/4; but that it was not subject
to authorization since the thresholds prescribed in article 5 of the
same Communiqué were not exceeded. (18.10.2011; 11-53/1348-
477)
• Resolution dated 12.09.2011 of the Supreme Council of
Privatization pertaining to the privatization of certain immovable
of Turkish State Railways was published in the Official Gazette
dated 19.10.2011 and numbered 28089.