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MEMO REGARDING THE REGULATION ON PHARMACOLOGICALLY ACTIVE SUBSTANCES IN FOODSTUFFS OF ANIMAL ORIGIN AND THE REGULATION ON THE ADDITION OF VITAMINS AND MINERALS AND OF CERTAIN OTHER SUBSTANCES TO FOOD Two important regulations concerning food business operators within the food, agriculture and livestock sectors entered into force after being published in the Official Gazette dated 7 March 2017 and numbered 30000. Within this scope detailed information regarding the Turkish Food Codex Regulation on the Classification of Pharmacologically Active Substances in Foodstuffs of Animal Origin and Residue Limits and the Turkish Food Codex Regulation on the Addition of Vitamins and Minerals

Pursuant to the Turkish Commercial Code (“TCC”) numbered 6102, the corporations consist of collective company, commanded company, ordinary partnership, joint stock company and limited liability company. Within the scope of the TCC, collective and commanded company are deemed as partnerships whereas joint stock, limited liability and commanded company limited by the shares are deemed as corporations. Many important amendments were introduced by the TCC which entered into force in 2012 such as single shareholder joint stock and limited liability company, single member board, repealing the necessity of being a shareholder for the board members and the application of ultra vires principle. In

The amendments on the Free Zones Law (“FZL”) numbered 3218 for facilitating investments and decreasing the financial burden of the public were published in the Official Gazette of 24.02.2017 numbered 29989. The details regarding these amendments are provided below: Expropriation Within the scope of the amendment a provision was added to the 5th Article on organization of free zones which determines that the Council of Ministers may decide for urgent expropriation of lands and facilities that are declared as a free zone. Expropriation procedures are undertaken as per the Expropriation Law numbered 2942 under Turkish law. In case of an urgent expropriation,

What is an Energy Performance Certificate?Energy Performance Certificate should be obtained for existing and new buildings pursuant to the Energy Efficiency Law numbered 5627 and the Regulation on Energy Performance in Buildings. Energy Performance Certificate is a document which includes information about the minimum energy requirement and energy consumption classification of the building, the insulation specifications and the efficiency of heating and/or cooling systems.Which Buildings Are Required to Have Energy Performance Certificate?An Energy Performance Certificate is issued for new and existing buildings. It will be prepared by the authorized institution which will have the authority to prepare this