COMMUNIQUE ON THE FINES APPLICABLE IN 2018

COMMUNIQUE ON THE FINES APPLICABLE IN 2018 PURSUANT TO ARTICLE 19 OF THE PETROLEUM MARKET LAW NO. 5015

Objective and scope

ARTICLE 1- (1) The objective of this Communique is to re-determine the administrative fines regulated in article 19 of the Petroleum Market Law No. 5015 of 4/12/2003, by increasing these fines at the rate of 14.47% (fourteen-point forty-seven percent) determined as the revaluation rate for 2017 in the Tax Procedure Law General Communique (Sequence No: 484) published in the Official Gazette dated 11/11/2017 and issue no. 30237.

Legal basis

ARTICLE 2- (1) This Communique has been prepared on the basis of article 19 of the Petroleum Market Law No. 5015 and the seventh paragraph of article 17 of the Misdemeanor Law No. 5326 of 30/3/2005.

Amounts of administrative fines

ARTICLE 3- (1) The administrative fines, applicable pursuant to article 19 of the Petroleum Market Law No. 5015, are determined as follows:

Other administrative fines

ARTICLE 4- (1) One fourth of the administrative fine contained in the subparagraph (a) of the second paragraph of article 19 of the Law No. 5015 shall apply to the distribution undertakings with whom the vendors, who committed the act referred to in the subparagraph (l) of the fourth paragraph of article 4 of the same Law, concluded the contract.

• With the exception of the violations referred to in the subparagraph (l) of the fourth paragraph of article 4 of the Law No. 5015, one fifth of the administrative fine contained in the subparagraph (e) of the second paragraph of article 19 of the same Law shall apply to
• One fourth of the administrative fine referred to in the subparagraph (a) of the second paragraph of article 19 of the Law No. 5015 shall apply to independent inspection firms authorized to supervise national marker addition operations, in case those firms do not fulfill their
• One fourth of the administrative fine referred to in the subparagraph (a) of the second paragraph of article 19 of the Law No. 5015 shall apply to independent inspection firms authorized to supervise national marker addition operations, in case those firms do not fulfill their

Effectiveness

ARTICLE 5- (1) This Communique shall become effective on 1/1/2016.

Execution

ARTICLE 6- (1) The provisions of this Communique shall be executed by the President of the Energy Market Regulatory Authority.