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Principles

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					The Principles hereby have come into effect on 30.03.2007 by virtue of the Decision
number 242 of 27.02.2007 taken by The Union of Chambers and Commodity Exchanges
of Turkey

  THE PROCEDURES AND PRINCIPLES REGARDING ORGANIZING
                   FAIRS IN TURKEY
        Objectives
        Article 1 – (1) The objectives of these Principles are to develop fair sector in line with
 the general interests of the Country and sector, to make the sector attain global standards and
 within this context, to provide arrangements of fair activities to be made by competent
 companies within a program in appropriate fields.

        Scope
        Article 2 – (1) These Principles include national and international fairs to be
 organized domestically and those who will organize these fairs.

         (2) The activities which have no fair-like features such as festivals, exhibitions, street
 fairs etc. which are organized for promotion and/or sales of the handicrafts and products
 which involve cultural and regional features are not covered by these Principles.

        (3) The activities whose promotion label does not include “fair” term, but are arranged
 and will be arranged as per qualities in the description of “fair” are covered by these
 principles.

         Basis
         Article 3 – (1) These Principles were prepared on the basis of the Paragraph (v) of
 Article 12, Paragraph (l) of the Article 34, Paragraph (g) of Article 56 and Paragraph (g) of
 the Article 71 of the Law on The Union of Chambers and Commodity Exchanges of Turkey
 and Chambers and Commodity Exchanges of Turkey No. 5174.

        Definitions
        Article 4 – (1) The terms hereby refer to;
        a) Law: the Law on The Union of Chambers and Commodity Exchanges of Turkey
 and Chambers and Commodity Exchanges No. 5174,
         b) Union: The Union of Chambers and Commodity Exchanges of Turkey,
         c) Chamber: Chambers of trade and industry, trade, industry, maritime trade,
         ç) Commodity Exchange: Commodity Exchange,
         d) Organizer: Limited and joint stock companies, which have certificate of authority
 for organizing domestic fairs,
         e) Participant: Natural and legal persons who exhibit their services and products on a
 stand assigned by the organizer in accordance with the provisions of contract signed between
 organizer and participant,
         f) Certificate of Authority: Certificate of authority for organizing domestic fairs issued
 by the Union to the companies which meet the requirements prescribed in these Principles,
         g) Fair Calendar: The annual list published by the Union in the Turkish Trade Registry
 Gazette and on the web site of the Union which includes organizer, name, type, place, content
 and date of the said fairs whose eligibility to these Principles is determined by the Union,




                                                 1
         ğ) Fair Contract: The document regarding the fair declared in the fair calendar which
shall be signed between the organizer and each participant and in which stand place, fair
accession fees, information about what these fees cover, services to be furnished within the
scope of fair and liability issues are clearly stated,
         h) Main Fair Calendar: The fair calendar published by the Union on 15th September of
the previous year of the related year,
         ı) Application Form and Covenant: The notarized document whose example is
determined by the Union and where the organizer acknowledges and accepts that information
and all documents he has submitted at the application for fair organizing are true and to fully
fulfill his liabilities arising from the issues stated in these Principles or otherwise sanctions
arranged in these Principles shall be applied and all damages to arise to the disadvantages of
the Union shall be compensated by the organizer.
         i) Fair Catalog: Printed publications or CDs distributed for promotion purposes and to
be prepared in Turkish for domestic fairs and in at least one common foreign language as well
as Turkish for international fairs which include information regarding goods and services
produced or promoted by participatory companies, identity and address information as well as
other information which may be required by the organizer,
         j) Fair: Activities whose organizer, name, type, place, concept, date and period are
determined in advance and which pursue the interest of the society and sector and the area to
which they are subject and are organized in grounds appropriate for qualities determined in
these Principles so as to provide information exchange and cooperation and to establish and
develop commercial relations aiming at market enlargement and the future between visitor
and participant and which target promotion and transmission of goods and services and the
relevant technological developments, information and innovations through establishing
stands.
         k) Fair Center: The grounds determined to have features designated by the Union by
considering the qualities of the internationally accepted fair centers,
         l) Application Fee: Amount to be deposited into the account of the Union for fair
organization application aiming at taking place in the main fair calendar and for adding to the
fair calendar or for changing or canceling the fair which takes place in the calendar,
         m) Certificate of Authority Fee: Amount to be deposited into the account of the Union
by the companies applying to take certificate of authority for organizing domestic fair for the
first time,
         n) Addition Applications for Fair Calendar: The applications for fair organization as
defined in these Principles to be included in the calendar after the fair calendar of related year
is published,
         o) The Sanction of not being Accepted to the Calendar: The sanction of non
acceptance by the Union of the fair organization application with the same or similar name or
content of the relevant fair to the fair calendar of the year when the fair subject to
infringement shall be realized and to the next fair calendar of the following year in the event
that certain provisions in these Principles are infringed,
         ö) Fair Result Report: The form whose example is determined by the Union and which
includes total participant number, the rate and number of the foreign participants among all
participants, distribution of direct or indirect foreign participants according to countries, total
stand area allocated to participants, stand area allocated to the foreigners and its rate among
total area, the total number of visitors, the rate and number of foreign visitors among all
visitors, distribution of foreign visitors according to the countries and general evaluations of
the organizer regarding the fair,
         p) Website of the Union: implies http://fuarlar.tobb.org.tr



                                                2
        Types of fairs
        Article 5 – (1) The following types of fairs can be organized within the scope of these
Principles:
        a) General fairs are the activities which last not more than 15 days and include at least
50 participants and are not based on a particular sector or product group and where various
goods and services are exhibited and their commercial promotions are made all together and
social and cultural activities may take place.

        b) Trade fairs are the activities lasting not more than 10 days and including at least 20
participants and which aim at increasing technological and practical information exchange
between participants producing goods and services for a certain product or service group or
the sector or groups directly related to the sector and creating information exchange platform
for commercial cooperation and giving orders of products required.

        (2) Provided that natural flow of commercial life in the area where the fair will be
materialized is not affected negatively, retail sale of products and services exhibited can be
made for commercial promotion on the last day of fairs. It’s essential that retail sales aren’t
made other days of the fair. Otherwise, the sanction regarding not being accepted to the
calendar is applied to the relevant organizer.

        (3) Provided that retail sales are not contrary to Foreign Trade and Customs
Legislations and other relevant legislations and that there is an opinion of chamber regarding
that they do not negatively affect the natural flow of commercial life in the area where the fair
will be materialized, retail sales of products and services exhibited can be made for
commercial promotions during general fairs of international qualities.

         (4) All participants of fairs whose target audience is generally consumers can make
retail sales during the fair periods in fairs where written and published works as well as audio-
visual materials are exhibited although these fairs are evaluated within the scope of trade fairs
and these fairs can be organized for 20 days.

        (5) If it is confirmed that a fair is organized without reaching minimum number of
participants, the organizer is given a notice by the Union.

        (6) National and international defense industry and military aviation trade fairs can be
organized by the firms which have certificate of authority for domestic fair organization under
the responsibility of Directorate General of Turkish Armed Forces Foundation (TSKGV) and
under the auspices and with the support of Ministry of National Defense. Goods and services
related to civil aviation can also be exhibited in these fairs.

        International fair and the use of this title
        Article 6 – (1) It’s necessary for a fair to be an international fair and to use
“international” title to be organized at least three times with the same name and same content
in the last seven years by the same organizer; besides the number of foreign participants has
to attain 15% among the total direct and indirect (via their attorneys) participants or the total
stand area allocated to the foreign participants has to reach at least 10% of the total size of net
square meter stand area or the number of foreign visitors has to reach 2.5 % of the total
number of visitors.




                                                3
        (2) It has to be certificated that the fair has these qualities with a report issued by a
certified auditor or an independent auditing firm in accordance with the Law on Public
Accountancy, Public Accountant Councillorship and Certificated Councillorship No. 3568.
However, these conditions aren’t required for the fairs bearing the title of the Global
Association of the Exhibition Industry (UFI).

       (3) In the event that it is determined that a fair which has been stated as having
“international” quality in the fair calendar does not have any conditions required for having an
“international” quality, it cannot use “international” title in a fair with the same or similar
name or content in the following year.

       (4) “International” phrase cannot be used in any fair name and in any materials such as
written and visual promotions, advertisements, publications, fair catalogues, participant
agreements and invitations related to fair except the fairs which are determined to be at
“international” quality in the fair calendar. In the event that the contrary is determined, half of
the guarantee of the relevant organizer will be recorded as revenue to the Union.

       The grounds where a fair can be organized
       Article 7 - (1) Fairs can be organized in fair centers and the areas having features
defined in the Paragraph 2 of the Article 7 or which will be temporarily arranged and made to
have these features to organize a fair.

       (2) The necessary features of the areas for fair organizing;
       a) Covered areas where a national fair will be held should have an area of at least net
   two thousand square meters and open areas should have an area of at least five thousand
   square meters,
       b) Covered areas where an international fair will be held should have an area of at
   least net three thousand square meters and open areas should have an area of at least seven
   thousand square meters,
       c) Floor- ceiling distance in covered fair areas should be at least 4.5 meters,
       ç) Separate entrances and exits and emergency exits for the visitors and loading and
   discharging doors for the products exhibited.
       d) Adequate electrical equipment for illumination and power use when required and
   adequate generators for main functions.
       e) Heating and air conditioning systems for covered areas in operating condition,
       f) The necessary tools and instruments for communication and adequate infrastructure
   for communication,
       g) Enough closets and washbasins in the fair area,
       ğ) Buffets, cafes and restaurants in the required amount,
       h) Offices for information, management and observation belonging to the organizer
   and the personnel he will charge,
       ı) The necessary units for security and first aid,
       i) Adequate car parking area,
       j) Rooms such as VIP saloon, guest room, press room, seminar halls and flagpoles.

      (3) The trade fairs on education can be organized in the areas at least half of the
measures determined for the closed areas.




                                                4
       (4) Applications related to fair organizing in temporarily arranged grounds are
evaluated by the Union by taking into consideration the quality of fair provided that a project
including all information and drawings in detail regarding how the features stated in
Paragraph 2 of Article 7 of these Principles shall be fulfilled is submitted in the annex of
application documents and the eligible ones for these Principles are included to the fair
calendar of the related year.

       (5) Whether the fair area has suitable conditions stated in these Principles is examined
by the chamber/commodity exchange which takes the application of organization. The
opinion of the chamber/commodity exchange regarding whether the area has suitable
conditions is conveyed to the Union together with fair application.

       (6) The opinion of chamber/commodity exchange on the fair applications which will
be held in the fair centers regarding whether the area has suitable conditions stated in these
Principles is not required.

       (7) Fair centers are announced as a list on the web site of the Union. The areas which
have been built in accordance with the conditions of fair centers are assessed by the Union
and the eligible ones are added to the list.

         (8) In the event that it is determined that area where the fair is organized does not
fulfill any condition defined in these Principles, the organizer is notified by the Union. In the
event that it is determined that the area does not fulfill more than one conditions, the sanction
regarding not being accepted to the fair calendar is applied to the organizer. Any new fair
organization application is not accepted by the Union without current conditions are being
removed in the same area.

        (9) The organizer has to hang up a plate including address, e-mail, telephone and fax
of the Union to a place where the participants and visitors can see easily for making their
complaints. In the even that this plate does not take place in the fair area in the determined
quality, the organizer is given a notice by the Union.

           Qualifications required in the firms which applied for certificate of authority
       Article 8 – (1) Limited or joint stock companies can apply for the certificate of
authority,
       a) which are determined in the main contract to carry out conferences, seminars,
symposium and similar activities provided that exclusive fair activities and all publishing,
advertising and organization works aiming at promotion of this activity are relevant with fair
content and whose other work issues out of these activities are not included in their main
contracts,
       b) which have at least 250.000YTL paid capital and save this capital in its assets.

        Documents to be submitted in the application for certificate of authority
       Article 9 – (1) The companies which want to take certificate of authority apply to the
chamber, of which they are member with the documents listed below.
       a) The application petition and an application form and covenant whose examples are
determined by the Union.
       b) The original or a certified copy of Turkish Trade Registry Gazette where the main
contract of company takes place.



                                               5
        c) The report issued by certificated auditor pursuant to the Public Accountancy, Public
Accountant Councillorship and Certificated Councillorship Law No. 3568 regarding that the
company has 250.000YTL paid capital and saves this capital in its assets.
        ç) Activity certificate obtained from the chamber of which it is a member.
        d) List of authorized signatures not older than six months signed by the people
authorized to represent the company for carrying out binding transactions.
        e) The document which shows that a cash warranty of 10.000YTL has been deposited
into the bank account specified by the Union on behalf of the company.
        f) The document regarding that certificate of authority fee of 500 YTL has been
deposited into the bank account determined by the Union.

         The places for application for certificate of authority
         Article 10 – (1) The application for the certificate of authority is made to the chamber
of which the company is a member. The chamber examines the application documents and
sends applications only which are made in accordance with these Principles together with its
opinion about the company to the Union within 15 days. Chamber opinions include the
institutional structure, information and opinions on professional, financial and technical
qualities of the partners and directors of the company. Applications are concluded by the
Union.

        Duration of certificate of authority
        Article 11 – (1) Duration of the certificate of authority issued for the first time is up to
the last day of the second year as of the year of issuing. The duration of certificate of the
authority to be renewed after expiration is up to the last day of the fifth year.

       Renewal of the certificate of authority
       Article 12 – (1) Organizers which succeeded to complete at least two fairs and whose
cash warranty was saved as 10.000YTL in the bank account determined by the Union and
continue to fulfill the conditions prescribed in Article 8 shall apply to the chamber they are a
member of, not later than 6 months in advance as of the deadline of the document except the
document stated in Paragraph (e) of the Article 9.

       (2) Chamber examines the application documents and sends applications only which
are made in accordance with these Principles together with its opinion about the company to
the Union within 15 days. Applications are concluded by the Union.

       (3) Certificate of authority of the companies which do not succeed to complete at least
in two fairs in the home or abroad and which do not apply for renewal of the certificate of
authority, whose duration shall be expired, in accordance with these Principles is not renewed.
Applications of these companies for re-obtaining the certificate of authority are carried out
and concluded as the first applications.

        (4) In the event of any change in the company main agreement for capital amount,
partnership structure, address or other communication information, the updated information
and documents shall be conveyed by the organizer to the chamber of which the company is a
member and the Union not later than 15 days as of the change. In the event that it is
determined that these information aren’t conveyed within the determined period, the organizer
is given a notice. In the event that address change isn’t notified as determined, the notice sent
to the latest address informed shall be deemed to be made to the relevant organizer.



                                                 6
       Sanctions and liabilities
       Article 13 – (1) In the event that it is determined that the organizer infringes the
provisions stated in these Principles, notice or recording the guarantee partially or fully as
revenue or sanctions regarding not being accepted to the calendar or cancellation of certificate
of authority shall be applied according to the quality of infringement determined by the
Union.

       (2) In the event that the organizer is notified for four times during the certificate of
authority duration, half of his guarantee is recorded as revenue to the Union.

       (3) In the event that sanction regarding not being accepted to the calendar is applied to
the organizer for four times during the certificate of authority duration, his certificate of
authority is cancelled.

       (4) In the event that the certificate of authority of the organizer is cancelled, all of his
guarantee is recorded as revenue to the Union.

        (5) The organizer is responsible for all the damages to arise on the disadvantage of fair
ground’s owner or manager and the third persons due to the cancellation of the certificate of
the authority. The organizer shall also cover all the damages the Union shall suffer.

       (6) The application of the organizer for a new certificate of authority is not accepted in
the event that a full year is not completed as of the cancellation date.

        Application for the main fair calendar
        Article 14 – (1) Fair organizing applications for taking place in the main fair calendar
is made to the concerned chamber or commodity exchange where they will organize the fair,
together with a copy of certificate of authority, a notarized “application form and covenant”,
notarized example of the decision of authorized body of the company, title deed of fair
ground, rental contract or allocation document signed and sealed by management of fair
ground, any of the documents determined in Paragraph 2 of the Article 6 on fairs to be held at
international quality and the document regarding that application fee of 250 YTL has been
deposited into the bank account determined by the Union as well as in accordance with the
fair’s basic objective, type and content, until August 1st of the previous year before the year
when the fair will be held.

       (2) Fair organizing applications for fairs to be held mutually by the multi-organizers
are submitted together with notarized “application form and covenant”, notarized examples of
the decision of authorized body of the company prepared separately for each organizer in
which it is clearly stated that the fair shall be held mutually to the concerned chambers and
commodity exchanges where the fair shall be held together with the other documents stated in
Paragraph 1 of the Article 14 of these Principles according to basic objective, type and
content of the fair.

      (3) In the event that the applications for main fair calendar are made after the 1st day of
August, they are rejected by the chamber/commodity exchange.

        (4) Fair organizing applications found eligible by the Union are included in the main
fair calendar.


                                                7
       (5) Main fair calendar is published in Turkish Trade Registry Gazette and web site of
the Union on September 15th of the previous year of the related year.

       (6) Applications for the “international” fairs for the next year of the year covered by
the main fair calendar can be made together with the documents stated in Paragraph 14 of the
Article 1 of these Principles. Fair organizing applications found eligible by the Union are
included in the main fair calendar of the related year.

        Adding application for the fair calendar
        Article 15 – (1) Adding application for the fair calendar is made to the concerned
chamber/commodity exchange after the publishing of the fair calendar of the related year
together with the documents stated in Paragraph 1 of the Article 14 of these Principles and
together with the document showing that 1.000YTL has been deposited not later than four
months in advance as of the fair start date stated in the calendar and 1,500 YTL has been
deposited not later than two months into the bank account determined by the Union according
to the basic objective, type and content of the fair. Adding applications for the fair cannot be
made prior to less than two months as of the fair start date . stated in the calendar. These kinds
of applications are rejected by the Union.

        (2) Adding applications for the fair calendar cannot be made prior to one month as
start date or after one month as of the deadline of a fair included in the main fair calendar in
the same province borders with the same or similar name or subject. These kinds of
applications are rejected by the Union.

        (3) Adding applications for the fair calendar prior to publishing of main fair calendar
of the related year are not evaluated by chamber/commodity exchange.

       Assessment of applications
       Article 16 – (1) Fair organizing applications received are conveyed to the Union with
the opinion of the chamber/commodity exchange which received the application within 10
days. The opinion of the chamber/commodity exchange includes information and opinions
about the effects of the fair upon the trade life of the area and physical qualities of the fair
ground.

       (2) Fair organizing applications found eligible by the Union for these Principles are
included to the fair calendar of the related year.

        Change, cancellation application
        Article 17 – (1) Change application about place and date of a fair in fair calendar is
made to the chamber/commodity exchange after the publishing of the main fair calendar of
related year with documents stated in Paragraph 1 of the Article 14 of these Principles,
cancellation application is made with the notarized example of the decision of the authorized
body of the company and the document regarding that 500YTL has been deposited into the
bank account determined by the Union not later than four months in advance as of the fair
start date stated in the calendar and 1000YTL has been deposited into the bank account not
later than two months and 1500YTL has been deposited not later than one month when the
application is made.




                                                8
        (2) Change application cannot be made in the event that a fair date is added lately to
the fair calendar and comes before one month of start date or after one month of deadline of
the fair with same or similar name and content. These kinds of applications are rejected by the
Union. Changing of dates of fairs placed in the main fair calendar are not subject to this
provision.

       (3) Provided that it is accepted by the Union, an application for the cancellation or for
the change of date and place of a fair cannot be made in a shorter time than a month in the
event that the fair cannot be organized except states arising from the organizer or which are
impossible to be prescribed by the organizer. These kinds of applications are rejected by the
Union. In the event that it is determined that the organizer holds a fair without making an
application in accordance with these Principles or does not comply with the place and date
determined in the calendar, the sanction regarding not being accepted to the calendar is
applied to the organizer and all of his guarantee is recorded as revenue for the Union.

        (4) In the event that situations stated in Paragraph 3 of the Article 17 of these
Principles occur, this situation is informed in writing to the chamber/commodity exchange to
which application is made together with the relevant information and documents immediately.
Information and documents received by the chamber/commodity exchanges are conveyed to
the Union by adding the opinion of chamber/commodity exchanges. In the event that the
ground notified is not accepted by the Union, the necessary procedures are made pursuant to
the Principles.

        (5) Change and cancellation applications received by the chamber or commodity
exchange are conveyed to the Union within 10 days. The procedures regarding change and
cancellation application which are determined to be eligible for the Principles are carried out
on the fair calendar of related years published on the web site of the Union.

       (6) Changes in fair calendar are published as a list on the web site of the Union and
Turkish Trade Registry Gazette at the last week of each month.

        (7) The organizer shall be responsible for the damages of participants will suffer due
to the change or cancellation of the fair and the Union shall not be held responsible for this
damage.

        (8) The application fees deposited into the bank account determined by the Union
regarding cancelled or rejected applications and for applications withdrawn by the organizer
shall not be refunded.

       (9) It is essential that certificate of authority of the organizer who has made the
application shall be valid on the date of the fair subject to the application.

       (10) Fairs are organized on the date and in the place announced in the fair calendar and
any further permission from any other authorities is not required.

         Insurance and liability of the union
         Article 18 – (1) It is mandatory that the organizer shall made “third party financial
liability insurance” so as to cover the procedures determined by the Union for each fair
organization to be held.



                                               9
       (2) The Union has no responsibility for the damages arising from physical risks, fires
and other natural disasters and sabotages and accidents as well as damages arising from the
organizer in the fair area.

        (3) In the event that it is determined that the organizer has not made this insurance,
half of his guarantee shall be recorded as revenue to the Union.

        Use of “fair” title
        Article 19 – (1) “Fair” phrase can not be used in any activities and/or upon letters,
leaflets, advertisings and other printed documents prepared for the home or abroad regarding
the activities except those to be included in the fair calendar and for the meanings of “fair” in
foreign languages.

(2) It is mandatory that “This Fair is organized with the permission of TOBB (The Union of
Chambers and Commodity Exchanges of Turkey) in accordance with the Law No.5174”
phrase together with the address of the fair ground, opening and closing date of the fair, name
and content of the fair, name of organizer are included in the written and visual promotions,
advertisements, announcements and fair catalogues and invitations as it is determined by the
Union. The fair organizer is given a notice by the Union in the event that there is any failure
on these conditions.

        Fair result report
        Article 20 – (1) The organizer has to fill and send a form of fair result report whose
example shall be determined by the Union together with fair catalogue, a copy of fair contract,
insurance policy and a document showing all insurance premium has been paid, the name list
of direct or indirect foreign participants for international fairs to the chamber/commodity
exchanges to which it has made its fair organizing application and an example of fair result
report to fuarlar@tobb.org.tr via email not later than one month as of the closing date of the
fair.

        (2) The organizer is given a notice by the Union in the event that the report is not sent
within the due date or there are deficiencies of information and/or annexes the report includes.

       Authorization
       Article 21 – (1) The Union is authorized to give instructions regarding the issues in
these Principles, to take application- oriented measures and to determine examination and
supervision criteria and to make the necessary arrangements.

       Supervision and observation
       Article 22 – (1) Each fair in the fair calendar is supervised by the chamber/commodity
exchange which receives its application whether it is organized in accordance with these
Principles.

       (2) The Union can directly supervise the fairs it deems necessary.

        (3) The organizer has the liability to present all documents and information regarding
the issues stated in these Principles to the person authorized with supervision by the Union or
the relevant chamber/commodity exchange and to help him. In the event that the organizer
does not fulfill his liabilities, all of his guarantee is recorded as revenue to the Union.



                                               10
       (4) The report issued by the person authorized for supervision at the end of the
supervision is conveyed to the Union within 15 days as of the closing date of the fair.

       Close down
       Article 23 – (1) The close demand regarding the activities organized or to be
organized by the companies having certificate of authorization without taking place in the fair
calendar which are appropriate for “fair” definition defined in these Principles and activities
of fair quality organized by persons or companies which do not have certificate of
authorization and activities which extend the period determined in the fair calendar shall be
informed by the Union to the chamber/commodity exchanges where the activity area is
located for making the necessary attempt by the highest administrative authority in that place.

        (2) In the event that the activity for which an attempt made by Governorship so as to
close is organized by the owner of certificate of authority, the sanction regarding not being
accepted to the calendar is applied to this organizer and his entire guarantee is recorded as
revenue to the Union.

       (3) Those to which close down procedure regarding the activity is applied due to not
having certificate of authority cannot apply for certificate of authority within a year as of the
close down date.

      (4) The organizer is liable with the damages to the disadvantage of participant, the
owner of fair area and the third parties arising from the application of close down procedure.

       Actions against foreign trade and customs legislations
       Article 24 – (1) In the event that it is determined that there are actions against Foreign
Trade and Customs Legislations in Fairs, the organizer is liable with closing the fair stands
where sales are performed. The sanction regarding not being accepted to the calendar is
applied to the organizer who is determined not to be fulfilling this obligation.

         Guarantee and refund
         Article 25 – (1) 10.000 YTL in cash is taken from the firms, requesting certificate of
authority, as guarantee. This guarantee is an amount designated to warrant that they fulfill
their liabilities relating to fairs existent in the fair calendar. A portion or all of this guarantee
is recorded as revenue by the Union in the event that the organizers are found out not to be
fulfilling the undertakings they have given for each fair and in circumstances mentioned in
these Principles. The organizer as of three months of the notification fulfills the amount
recorded as revenue. certificate of authority of the said organizer is cancelled in the event that
the guarantee is not fulfilled in the meantime.

        (2) Fair organizing applications made by the organizers whose guarantees are partially
or fully recorded as revenue are not evaluated until such guarantee is fulfilled.

       (3) Cash covers of firms which cancelled their certificate of authority by applying to
the Union or do not renew their certificate of authority are refunded by the Union within three
months.




                                                 11
        Prohibition of delegation
        Article 26 – (1) Under no methods or circumstances, certificate of authority and fairs
that take place in the fair calendar cannot be delegated to another organizer or a firm that has
no certificate of authority. Certificates of authority of the relevant organizers are cancelled by
the Union when the contrary is determined.

       Announcements
       Article 27 – (1) Issues to be announced within the framework of these Principles are
made open to the public at the web site of the Union. Organizers are responsible for following
the announcements made public at the web site of the Union.

       Defunct legislation
Article 28 – (1) “The Procedures And Principles Regarding Organizing Fairs In Turkey”
abolished which went into the effect by the decision number 158 of 11.10.200 of Directory
Board of the Union.

       Addition, amendment and cancellation applications for the fair calendar of the
year 2007
       PROVISIONAL ARTICLE 1 – (1) Applications for addition to the fair calender of
2007 and amendment or cancellation applications for a fair existent in fair calender of 2007
are made with the document concerning the application fee of 400 YTL deposited to the bank
account determined by the Union.

        (2) Provisions of the Paragraph 2 of the Article 15 and Paragraph 2 of the Article 17
are not applicable to the Fair Calendar of year 2007.

        Validity period of the current certificates of authority
        PROVISIONAL ARTICLE 2 – (1) Validity periods of all certificates of authority,
whose validity continues as of the date these Principles went into effect, are extended until the
last day of their termination year.

        Executed sanctions
        PROVISIONAL ARTICLE 3 – (1) Sanctions executed before these Principles are
set forth are taken into consideration during the execution of these Principles.

       (2) Guarantees recorded as revenue to the Union before these Principles are set forth
are fulfilled within the framework of the relevant provision existent in the abolished
Principles.

       Applications made before the Principles are set forth
       PROVISIONAL ARTICLE 4 – (1) Provision existent in Paragraph 2 of the Article 5
of these Principles is inapplicable to fairs taking place in the 2007 fair calendar published in
December 2006 and fairs in the annex list published on March 30th, 2007.

       Effect
       ARTICLE 29 – (1) These Principles come into force as of the date of 30.03.2007.

     Execution
     ARTICLE 30 – (1) These Principles are executed by the President of The Union of
Chambers and Commodity Exchanges of Turkey


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