Tag: Presidential Decree No. 85

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IN WHICH CONTRACTS FOREIGN CURRENCY IS FORBIDDEN?

The exceptions brought by the Ministry of Treasury and Finance (“the Ministry”) to the prohibition of determination of contract fees in some contracts and other payment obligations in or indexed to foreign currencies determined by The Presidential Decree No. 85 published on the Official Gazette on 13 September 2018 have been listed briefly by the communique of the Ministry (“the Communique”) issued on 6 October 2018, as stated in the table below:

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