WARNING FROM THE AUTHORITY ON SENDING VERIFICATION CODES TO CUSTOMERS VIA SMS DURING SHOPPING
The Personal Data Protection Authority ("Authority") published a Public Announcement ("Announcement") on the Processing of Personal Data by Sending a Verification Code via SMS to the Data Subjects during Shopping in Stores.
COMMUNIQUÉ AMENDING THE COMMUNIQUÉ ON THE PROCEDURES AND PRINCIPLES REGARDING THE APPLICATION OF ARTICLE 376 OF THE TURKISH COMMERCIAL CODE NO. 6102 HAS BEEN PUBLISHED
In order to regulate the procedures and principles to be followed in cases of loss of capital or insolvency of joint stock companies, limited liability companies and limited partnership companies with capital divided into shares within the scope of Article 376 of the Turkish Commercial Code No. 6102 (Law), the Communiqué on the Procedures and Principles Regarding the Application of Article 376 of the Turkish Commercial Code No. 6102 (Communiqué) was first published in the Official Gazette dated 15/09/2018 and numbered 30536, and with the Provisional Article 1 of this Communiqué until 01/01/2023, Within the scope of Article 376 of the Law, it was stated that foreign exchange losses arising from foreign currency denominated liabilities that have not yet been fulfilled may not be taken into account in the calculations regarding capital loss or insolvency.
LAW NO. 7464 ON THE LEASING OF HOUSES FOR TOURISM PURPOSES AND AMENDMENT TO CERTAIN LAWS HAS BEEN PUBLISHED
Published in the Official Gazette dated 2.11.2023 and numbered 32357 and published in the Official Gazette dated 2.11.2023 and numbered 32357, the Law on the Leasing of Houses for Tourism Purposes and Amendments to Certain Laws (No: 7464) aims to determine the procedures and principles regarding the leasing of houses to real and legal persons for tourism purposes.
Will "Obligation To Obtain And Submit A Surveyor's Report'' To Be Introduced In Real Estate Sales?
On 25 October 2022, the "Presidential Annual Program for 2023" (hereinafter referred to as the "Program") prepared by the Ministry of Treasury and Finance and the Presidency of Strategy and Budget with the Presidential Decree No. 6294 was announced in the Official Gazette repeating No. 31994.
What Are The Changes Introduced by the Decision Regarding The Determination Of The Companies Subject To Independent Audit?
As it is known, the independent audit, which is important in terms of informing both the public and the shareholders about the financial status of the company, is obligatory for companies to be determined by the President in accordance with the Turkish Commercial Code (TCC) No. 6102.
What Are The Provisions That Have Been Postdated In The Distance Contracts Regulation?
The "REGULATION ON AMENDING THE REGULATION ON THE REGULATION ON DISTANCE CONTRACTS" (Hereinafter referred to as "Regulation") was published in the Official Gazette dated 14 September 2022, and in accordance with this Regulation, the effective dates of some regulations made on August 23, 2022 have been amended.
Alterations in the Context of the Law on the Regulation of Electronic Commerce
In consequence of the amendments made in the Law No. 6563 ("Law") with the Law No. 7416 on the Amendment of the Law on the Regulation of Electronic Commerce, published in the Official Gazette dated 7 July 2022 and numbered 31889, numerous new legal regulations have been envisaged on issues such as the obligations of electronic commerce intermediary service providers ("Intermediary Service Providers") and electronic commerce service providers ("Service Providers"), the administrative fines foreseen in case of violation of these obligations, the electronic commerce license and the expansion of the powers of the Ministry of Commerce ("Ministry") in this area. In this article, the contents of the provisions of the relevant Law will be cited and the date of entry into force will be explained as a consequence of the new regulations envisaged.
THE OFFICIAL GAZETTE HAS PUBLISHED THE REGULATION AUTHORIZING THE SALE OF IMMOVABLES BY THE NOTARY, WITH THE EFFECTIVE DATE SET FOR JANUARY 1, 2023.
With the "Law on the Amendment of the Law on Judges and Prosecutors and Some Other Legislation" numbered 7413 published in the Official Gazette dated 28 June 2022, a regulation authorizing the sale of real estate to notaries was introduced.