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Regulation Regarding Amending Of The Regulation Of Natural Gas Market Certificate

The Regulation Regarding Amending of the Regulation of Natural Gas Market Certificate has been published on 10.01.2018 by The Energy Market Regulatory Authority. Within the framework of this regulation, some changes were made regarding certificate application, right and obligations of the certificate holder, amendment, visa, renewal, termination and cancellation of the certificates.

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Changes in the Regulation for LPG

Article 19/B titled “Implementation and Termination of the Managing Director Agreement” of the Regulation has been abolished. According to this amendment “mutual agreement” clause which is one of the termination terms of the agreement has been abolished. Article 8 titled “Recertification” of the Regulation has been revised.

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Compulsory Mediation has been Officially Initiated

“The Labor Law” that regulates the competence, authority proceeding of labor courts and has brought the mediation application has published on the official gazette on 25.10.2017. Then labor courts can dismiss the cases which are filed without applying to the mediator.

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Licensing in Electricity Market

The company that intends to receive license shall be a legal entity established as a joint stock or limited liability company. In case it is established as joint stock company, all of its shares, excluding the ones subject to stock exchange, shall be registered under related names. Such company shall receive one license for each activity and facility.

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Alterations Reg. the Annual Paid Leave

In accordance with the “Regulation on the Amendment of the Regulation on the Annual Paid Leave” published in the Official Gazette dated 18.08.2017 numbered 30158, a number of amendments were made in the Annual Paid Leave Regulation.

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Mortgage Practice at Title Registry

In recent years in Turkey, the preferred collateral for the financing of immovable investments in banking applications is the immovable pledge, in other words, “mortgage”. The mortgage guarantee is to show the same house as collateral to the bank so that the consumer can create a loan guarantee for the house he/she wants to buy.

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Address

AGAOGLU MASLAK1453
Maslak Mah. Tas Yoncası Sok.
C7 Blok D:45 Kat:8
Sariyer Istanbul – Turkey

+90 212 274 99 53 / 54
info@barlaslaw.com

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