Stocking Penalty Increased 4x

With a new draft law approved in the General Assembly of the Grand National Assembly of Turkey, the ceiling amount of the fines given to those who stockpile has been increased. The upper limit, which was 500 thousand TL in the past, was increased to 2 million TL with the latest regulation. The lower limit penalty for hoarding is 100 thousand TL.

The last draft law adopted in the General Assembly of the Turkish Grand National Assembly, stockists He brought a very important item into our lives. The new article added to the Law on the Regulation of Retail Trade, up to 2 million pounds paved the way for the imposition of fines.

As a matter of fact, hoarding was forbidden until today. For the stockists From 50 thousand TL to 500 thousand TL fines were imposed. The new regulation adopted in the TGNA lower limit to 100 thousand liras, the upper limit to 2 million liras took it out. The regulation expanded the scope of the punishment to be given to persons or institutions found to be hoarding.

How is “stocking” defined in law?

Stocking is one of the issues that we have been discussing a lot lately. Some segments that do business with foreign exchange, from the high rate He argues that they bought goods and that they could not sell products with the fall in the exchange rate, in such a case, they would lose and they would not be able to compensate for the loss. Persons and institutions who think like this they don’t identify as stockists. So what is hoarding according to the law and who are called stockists?

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Laws, stockist, so he explains the stockist like this: A person who refrains from selling a good or service, causing an urgent need for the public. The Law on the Regulation of Retail Trade shows this situation. detailing. relevant law”Producers, suppliers and retail businesses cannot engage in activities that create tightness in the market, disrupt the market balance and free competition, and prevent the consumer from reaching the goods.with the words ” stockist explains what it means…

Source :
https://www.indyturk.com/node/456401/haber/stok%C3%A7ulara-2-milyon-liraya-kadar-ceza-%C3%B6ng%C3%B6ren-kanun-teklifi-tbmmde-kabul-edildi


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