LAW OF FOUNDATIONS

Law Number : 5737

Date of Adoption : February 20,2008

Date and No. of Publication in the Official Gazette : February 27,2008 - 26800


NOTE: This translation made by myself is unofficial and for information purposes only. All rights of it are reserved as a translation anyway. Read this page first, please. Click "VAKIFLAR KANUNU" for full Turkish text of the Law.

 

PART ONE
Objective, Scope and Definitions

Objective

ARTICLE 1 – (1) This Law; has been prepared for specifying the principles and procedures regarding the management, activities and supervision of the foundations, registration, preservation, maintenance and sustenance of the movable and immovable cultural foundation assets within the country and abroad, operation and utilization of the foundation assets in an economic manner; regulating establishment of the General Directorate of Foundations and organization, duties, authorities and responsibilities of the General Directorate.

 

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