Law & Regulation
Public Finance and Debt Management Law (Article 8/A Treasury Debt Assumption)
Public-debt statute whose Article 8/A provides the Treasury debt-assumption mechanism supporting the financing of PPP projects.
Legal Significance
What This Instrument Does
Governs public borrowing and debt management; Article 8/A allows the Treasury to assume project-company debt in specified PPP projects, within statutory limits.
Why It Matters
Treasury debt assumption is a defining risk-mitigation feature of Turkish PPP financing that lenders assess project by project.
Legal Framework Position
- PPP / ConcessionsSupporting / Related Instrument
Instrument Overview
- Official Citation
- Law No. 4749 on the Regulation of Public Finance and Debt Management (Kamu Finansmanı ve Borç Yönetiminin Düzenlenmesi Hakkında Kanun), adopted 28 March 2002, Resmî Gazete 9 April 2002, No. 24721; Article 8/A added by Law No. 6428 (21 February 2013)
- Instrument Type
- Law / Act
- Source Language
- Turkish
- Enactment Date
- 28 March 2002
- Last Verified
- 1 October 2026