Newsletter-21

443 LEGAL DEVELOPMENTS Important Changes and Developments in Communiqués • The Communiqué on the Increase of the Monetary Limits Enshrined in Art. 68 of Consumer Protection Law numbered 6502 and Art. 6 of the Consumer Arbitral Tribunals Regula- tion was published in the Official Gazette dated 20.12.2015 and numbered 29568, this Communiqué entered into force on 01.01.2016. • The Communiqué on the Administrative Monetary Fines Enshrined in Art. 77 of Consumer Protection Law numbered 6502 was published in the Official Gazette dated 20.12.2015 and numbered 29568, this Communiqué entered into force on 01.01.2016. • The Communiqué (No: 2016/1) on the Increase of the Minimum Monetary Limits for the Administrative Fines En- shrined in Art. 16(1) of the Protection of Competition Law numbered 4054 was published in the Official Gazette dated 25.12.2015 and numbered 29573, this Communiqué entered into force on 01.01.2016. • The Communiqué (No: 2016/1) on the Administrative Monetary Fines to be Imposed as per the Environment Law numbered 2872 entered into force through publication in the Official Gazette dated 27.12.2015 and numbered 29575. • The Communiqué on the Amendment to the Communiqué regarding the Decision No. 32 on the Protection of the Value of the Turkish Lira (No: 2008-32/34) entered into force through publication in the Official Gazette dated 30.12.2015 and numbered 29577. • The Communiqué on the Information Technologies Used in Payment and Security Confirming Systems (No: 2015/7) entered into force through publication in the Official Gazette dated 09.01.2016 and numbered 29588.