The Turkish Grand National Assembly Warning: You Are Viewing The Law, Parliamentary General Assembly Accepted. If It Does Not Contain Any Changes That Are Made Later. Conducted By Public-Owned Banks Interest-Des

Original Language Title: TÜRKİYE BÜYÜK MİLLET MECLİSİ Uyarı: Görüntülemekte olduğunuz Kanun, TBMM Genel Kurulunda kabul edildiği halidir. Varsa daha sonra yapılan değişiklikleri içermemektedir. KA­MU SER­MA­YE­Lİ BAN­KA­LAR TA­RA­FIN­DAN YÜ­RÜ­TÜ­LEN FA­İZ DES

Read the untranslated law here:

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Get a Day Pass for only USD$49.99.
Law No. 5570 Date: 27/12/2006 article 1-(1) in order to support agricultural production, trades and the characteristic jargon, conducted by public-owned banks in General, interest support loan applications, banks ' share of capital in public also drop below 50%. In this case the duration of the application, the said principles and bases, which will manage application and control of the Bank and/or the Council of Ministers is authorized to determine the banks.
(2) the Council of Ministers will be determined by private and/or public-owned bank or banks will rise because of interest-supported loan application income losses; for this purpose, the Central Administration Budget is prescribed about an year will be paid, in advance, to be limited to Hazinece.
Article 2-(1) this Act enters into force on the date of promulgation.
Article 3-(1) the provisions of this law, the Council of Ministers.