Recent Keynotes of May 2020
Resolutions of the President
- The Resolution of the President dated 29.04.2020 and numbered 2480 on Extending the Suspension on Judicial Time Limitations in order to Prevent Any Loss of Right was published in the Official Gazette dated 30.04.2020 and numbered 31114.
- The Resolution of the President dated 04.05.2020 and numbered 2485 on the Amendments to the Additional Resolution to the Import Regime Resolution was published in the Official Gazette dated 05.05.2020 and numbered 31118.
- The Resolution of the President dated 08.05.2020 and numbered 2501 on the Amendments to the Resolution on State Aid for Investments was published in the Official Gazette dated 09.05.2020 and numbered 31122.
- The Resolution of the President dated 08.05.2020 and numbered 2506 on the Principles on the Amendments to the Principles Regarding Employment of Contract Employees was published in the Official Gazette dated 09.05.2020 and numbered 31122.
- The Additional Resolution of the President dated 11.05.2020 and numbered 2514 on the Import Regime was published in the Official Gazette dated 11.05.2020 and numbered 31124 (bis).
- The Resolution of the President dated 12.05.2020 and numbered 2537 on Special Consumption Tax Amounts to be Applied to Some Goods was published in the Official Gazette dated 13.05.2020 and numbered 31126.
- The Additional Resolution of the President dated 19.05.2020 and numbered 2565 on the Import Regime was published in the Official Gazette dated 20.05.2020 and numbered 31132.
Legislation
- The General Communiqué on National Real Estate (Serial No: 399) entered into force through publication in the Official Gazette dated 22.04.2020 and numbered 31107.
- The Regulation on the Amendment to the Regulation on the Application of the Law numbered 6306 entered into force as of 01.01.2020 through publication in the Official Gazette dated 24.04.2020 and numbered 31108.
- The Communiqué (Export 2020/8) on the Amendment to the Communiqué (Export 96/31) on Goods Prohibited from Export or that Require Pre-Approval entered into force through publication in the Official Gazette dated 02.05.2020 and numbered 31115.
- The Communiqué (Export 2020/9) on the Amendment to the Communiqué (No: Export: 2006/7) on Goods Subject to Registration for Export entered into force through publication in the Official Gazette dated 02.05.2020 and numbered 31115.
- The Communiqué on the Safeguarding Measures in Imports (No: 2020/1) entered into force through publication in the Official Gazette dated 05.05.2020 and numbered 31118.
- The Communiqué on the Safeguarding Measures in Imports (No: 2020/2) was published in the Official Gazette dated 05.05.2020 and numbered 31118. This Communiqué enters into force on 02.07.2020.
- The Regulation on Manipulation and Misleading Transactions in Financial Markets entered into force through publication in the Official Gazette dated 07.05.2020 and numbered 31120.
- The Procedures and Principles on the Amendment to the Procedures and Principles regarding the Construction Registration Certification entered into force as of 01.01.2020 through publication in the Official Gazette dated 08.05.2020 and numbered 31121.
- The Communiqué on the Amendment to the Value-Added Tax General Application Communiqué (Serial No: 32) entered into force through publication in the Official Gazette dated 08.05.2020 and numbered 31121.
- The Communiqué on the Application of Supervision on Imports (No: 2020/6) entered into force through publication in the Official Gazette dated 08.05.2020 and numbered 31121.
- The Regulation on the Amendment to the Regulation on the Activities to be Evaluated within the Scope of Insurance, Insurance Contracts in Favor of Consumers and Distance Insurance Contracts was published in the Official Gazette dated 09.05.2020 and numbered 31122. The Articles of this Regulation enter into force on different dates.
- The Communiqué on the Application of Supervision on Imports (No: 2020/7) entered into force through publication in the Official Gazette dated 13.05.2020 and numbered 31126.
- The Regulation on the Amendment to the Electricity Market License Regulation entered into force through publication in the Official Gazette dated 14.05.2020 and numbered 31127.
- The Regulation on the Amendment to the Regulation on the Package Tour Contracts entered into force through publication in the Official Gazette dated 15.05.2020 and numbered 31128.
- The Communiqué on the Application of Supervision on Imports (No: 2020/8) entered into force through publication in the Official Gazette dated 15.05.2020 and numbered 31128.
- The Communiqué on the Service Items Provided in Coastal Facilities and Determination and Application of the Base and Ceiling Fees of These Service Items entered into force through publication in the Official Gazette dated 16.05.2020 and numbered 31129.
- The Communiqué on the Procedures and Principles regarding the Application of the Provisional Article 13 of Turkish Commercial Law numbered 6102 entered into force through publication in the Official Gazette dated 17.05.2020 and numbered 31130.
- The Regulation on Determination of the Level and Quality of the Call Center Services of Banks entered into force through publication in the Official Gazette dated 20.05.2020 and numbered 31132.
Resolutions of the Personal Data Protection Authority
- The Resolution of the Personal Data Protection Authority dated 22.04.2020 and numbered 2020/315 on the Registration Obligation of Associations, Foundations and Unions was published in the Official Gazette dated 09.05.2020 and numbered 31122.
Competition Board Decisions
- The Board decided that among the fuel dealership contracts of Siyam Petrolcülük San. ve Tic. A.Ş. subject to notification, the non-usufructuary contract benefits from the group exemption within the scope of the Group Exemption Communiqué on Vertical Agreements numbered 2002/2, and the usufructuary contract will benefit from the group exemption within the scope of the Group Exemption Communiqué on Vertical Agreements numbered 2002/2, provided that the provisions related to the period in Article 21 of the usufructuary contract will be prepared in a way to state that the contract period cannot exceed five years. (07.05.2020, 20-23/300-146)
- The Board, within the framework of Article 8 of Law No. 4054, granted negative clearance document to IMKTS –The Protocol For Subscription to the Construction Chemicals System regarding the establishment of a market control system to check the compliance of the products in the building chemicals industry with the legislation and certification by the Construction Materials Industrialists Association of Turkey (07.05.2020, 20-23/293-141)
Mergers & Acquisition
- The Board decided that the acquisition of the shares of Teklas Kauçuk Sanayi ve Ticaret A.Ş. in Mitsuba Teklas Turkey Otomotiv A.Ş. by Mitsuba Corporation is not within the scope. (30.04.2020, 20-21/288-BD)
- The Board authorized the acquisition of the sole control of Luxi Chemical Group Co., Ltd. by Sinochem Investment Development Co., Ltd., via Sinochem Investment (Liaocheng) Co., Ltd. (30.04.2020, 20-21/285-139)
- The Board authorized the acquisition of the joint control of Reliance BP Mobility Limited, which was under the sole control of Reliance Industries Limited, by BP plc., via BP Global Investments Limited. (30.04.2020, 20-21/284-138)
- The Board authorized the acquisition of the joint control of Thyssenkrupp Elevator AG, by the funds managed by the subsidiary companies of Advent International Corporation and the funds managed by Cinven Capital Management (VIII) General Partner Limited. (30.04.2020, 20-21/283-137)
- The Board authorized the acquisition of the mineral activity of Metso Oyj by Outotec Oyj. (30.04.2020, 20-21/279-136)
- The Board authorized the acquisition of the sole control of Ingenico Group S.A. by Worldline S.A. (30.04.2020, 20-21/279-133)
- The Board authorized the acquisition of the sole control of Johnson Controls International plc’s Power Solutions line of work by Brookfield Asset Management Inc. (30.04.2020, 20-21/278-132)
- The Board authorized the acquisition of the sole control of Neova Sigorta A.Ş. by Kuveyt Türk Katılım Bankası A.Ş. (04.05.2020, 20-22/292-140)
- The Board decided that the acquisition of all shares of T Systems Telekomünikasyon Ltd. Şti. by Deutsche Telekom Business Solutions GmbH is not within the scope. (07.05.2020, 20-23/304-BD)
- The Board authorized the acquisition of the sole control of Fio Gaz Sanayi ve Ticaret A.Ş. by Pietro Fiorentini S.p.A. (07.05.2020, 20-23/301-147)
- The Board authorized the acquisition of the sole control of LLC NTC Intourist, LLC Touroperator Intourist and ITC Enterprises Limited by AX Girişim Danışmanlığı A.Ş. (07.05.2020, 20-23/294-142)
- The Board authorized the establishment of a joint venture by Mitsubishi UFJ Lease & Finance Company Limited and ALD S.A., which is controlled by Societe General S.A. (14.05.2020, 20-23/309-149)
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