ANNOUNCEMENT ON THE “ NOTIFICATION ON THE INCREASE OF THE MONETARY LIMITS” IN THE LAW ON CONSUMER PROTECTION
Dear Members,
According to the Notification on the Increase of the Monetary Limits in Article 68 of the Law No. 6502 on the Protection of Consumers and Article 6 of the Regulation on Consumer Arbitration Committees published in the Official Gazette dated 20.12.2024, the monetary limits specified in the first paragraph of Article 68 of the Law No. 6502 on the Protection of Consumers and the second paragraph of Article 6 of the Regulation on Consumer Arbitration Committees were increased by 43.93%, which was determined as the revaluation rate for the year 2024.
In this respect,
Provided that the rights in the Execution and Bankruptcy Law are reserved, Provincial or District Consumer Arbitration Committees are authorized in disputes with a value of less than 149,000 (one hundred forty-nine thousand) Turkish Liras in the applications to be made for 2025 in disputes arising from consumer law.
Sincerely for your information.
Association of Turkish Travel Agencies
TÜRSAB
