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ARTICLE · 22 APRIL 2019

Amendments To Building Inspection Legislation

Furthermore, the calculation of the service fee to be paid by the building owners to the construction audit companies was also amended.

TurkeyAccounting and Audit

Introduction

Law No. 71431 (the "Blanket Law") provided extensive amendments to a number of legislation, including mong them, the Building Inspection Law No.47082 (the "Building Inspection Law").

In furtherance to the revised framework established by the Blanket Law, the Regulation on the Implementation of Building Inspections (the "Building Inspection Regulation") was also updated to provide further details on the changes.

These changes in principle relate to: (i) limitations on "just ground" termination of audit services agreements; (ii) the procedures with respect to the selection construction audit companies; and (iii) the service fee payable to construction audit companies and have entered into force on 1 January 2019.

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