Period: 21 Legislative Year: 1 Warning: You Are Viewing The Law, Parliamentary General Assembly Accepted. If It Does Not Contain Any Changes That Are Made Later. Amendments To The Law Concerning The Legal Interest And Default Faizine About

Original Language Title: Dönem : 21 Yasama Yılı : 1 Uyarı: Görüntülemekte olduğunuz Kanun, TBMM Genel Kurulunda kabul edildiği halidir. Varsa daha sonra yapılan değişiklikleri içermemektedir. KANUNÎ FAİZ VE TEMERRÜT FAİZİNE İLİŞKİN KANUNDA DEĞİŞİKLİK YAPILMASI HAKKINDA

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Period: 21 Yunder: 1

Warning: The Law you are viewing is considered to be accepted at the General Assembly of the TBMM. It does not contain any later delics if it exists.

Kanun # 4489    Date of Admission: 15.12.1999 

ARTICLE 1.- dated 4.12.1984 and of 3095 is an Interest in the Canary Interest and the Emerald Interest of the United States, as well as the 1st of the Code.

Article 1. -In the interest of the Law and the Turkish Trade Code, which is not determined by the amount of interest due to the amount of interest, this payment is due to the fact that the Republic of Turkey's Central Bank has applied in the terms of the previous year's 31-December period credit lines. It is done over the reeskrit. In the second half of the year, the reescent rate applies to the second half of the year, if the reescent rate is different from the reestat rate of 31 December the previous year.

MADRID 2. - The 2 nci clause of the 3095 Code of Law is made available in the following state.

Article 2. -In the payment of some money, the debtor in the default debt is required to pay an annulus interest according to the ratio specified in item 1 for the days of the past.

The previous year of the Central Bank of the Republic of Turkey was December 31. If the interest rate for the dollar-term advances is greater than the amount described above, the default interest may be requested at the default rate of interest, even if there is no verbal commitment. The advance interest rate applies to the second half of the year when the advance of the advance on December 31, 31 December the previous year, is less than the second half of the year.

The amount of emerald interest is not agreed on in the word of the term. if the amount of the current interest is above the amount forecasted in the above, the default interest cannot be less than the amount of interest of the current interest.

MADRID 3. - An ad-hoc clause is attached to the 3095-number-of-Law.

INVALID DATE 2. -The temporary 1st clause is also applied on interest receivance of interest from the prior relations of this Law.

ARTICLE 4. - This Law will take effect on 1 January 2000.

MADDE 5. - The Council of Ministers executes the provisions of this Law.