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ARTICLE · 29 JANUARY 2018

Recent Amendments On Decree No. 32 And The Communique Regarding Decree No. 32

Eryurekli Law Office
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Financial leasing transactions in foreign currency in relation to certain machines and tools listed in certain customs tariff statistics positions.

TurkeyFinance and Banking
Eryürekli Attorney Partnership
Eryürekli Attorney Partnership
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This legal alert aims to introduce the recent amendments on Decree No. 32 and Communiqué regarding Decree No. 32 adopted by the Council of Ministers and Undersecretariat of Treasury of Republic of Turkey.

In the Official Gazette dated 25 January 2018 and numbered 30312, amendments to two regulations on protection of the value of Turkish currency have been published: (i) Decree Amending Decree No. 32 on Protection of the Value of Turkish Currency ("Amendment Decree") and (ii) Communiqué No. 2018-32/46 Amending the Communiqué No. 2008-32/34 regarding the Decree No. 32 on Protection of the Value of Turkish Currency ("Amendment Communiqué"). The enforcement of these two amended regulations is postponed to 2 May 2018, save for the provision under Section B.I of this Alert, which entered into force on the publication date.

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