The Regulation on Procedures and Principles of Joint Stock
Companies' General Assembly Meetings and Ministry of Customs
and Trade Representatives Who Should Be Present At These Meetings
("Regulation") was published in Official
Gazette numbered 28481 on 28 November 2012. Certain aspects of the
Regulation have been changed by an amendment regulation
("Amendment Regulation") published in
Official Gazette number 29515 on 27 October 2015.
The Amendment Regulation expand the scope of duties for chairmen
of joint stock company general assembly meetings, as well as change
eligibility criteria for becoming a Ministry of Customs and Trade
Key amendments introduced by the Regulation include:
The meeting chairman must determine
whether the documents showing entitlement to attend the meeting
comply with legislative requirements before signing the attendance
The Ministry of Customs and Trade
("Ministry") holds an examination to
qualify people to act as Ministry representatives. Prior to the
examination, the Ministry will provide a training for the test
takers. After completing this training, participants will receive a
written and oral examination from the Ministry.
To maintain proficiency of Ministry
representatives, the Ministry may provide training, as well as
undertake written and/or oral examinations from time to time.
Persons who fail the Ministry's
examination will not be assigned as Ministry representatives.
Persons who fail the entry or proficiency exam three times in a row
will not be allowed to take any further examinations for this
Please see this link for full text of the Regulation (only
available in Turkish).
Information first published in the
MA | Gazette, a fortnightly legal update newsletter produced by
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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