Newsletter-21

412 NEWSLETTER 2016 A minimum content of subscription agreements is regulated un- der Article 6 of the Subscription Regulation. Accordingly, in the event of absence of the terms foreseen, consumers are entitled to terminate the subscription agreements. Please note that the mentioned article in- cludes various terms, and the notable minimum content is as follows: • The name, commercial title, address, phone number and Central Registration System ( MERSIS ) number and other contact information of the consumer and provider, • The subject and if any, the term of the agreement, • The execution date of the agreement, • The date of first delivery or the commencement date of the service or the good subject to the agreement, • The total price of goods or services, including tax, • In the event that the goods or services are calculated using a tariff, the name, content and unit consumption price of the tariff in the execution date of the agreement. Subscription agreements cannot include an automatic renewal term. The agreements may only be renewed through a consumer’s approval or demand. In the event of automatic renewal, the seller or service provider cannot demand any remuneration for the goods or services provided. Termination of Subscription Agreement Pursuant to Article 52 of the Consumer Law, consumers are en- titled to renege on subscription agreements that terms are longer than one year, or which are executed for an indefinite term without showing any reason. Furthermore, for subscription agreements having a term of less than one year, in the event of a change in terms and conditions of the subscription agreement by services or goods providers, consumers are entitled to terminate the agreement. The seller or service provider may not stipulate more difficult methods for termination of the agreement than as set out for execution