| PRIVATISATION
METHODS
PHC can
select one or more of the following privatisation methods:
1) Sales, 2) Lease, 2) Grant of Operational Rights,
4) Establishment of Property Rights Other Than Ownership,
5) Profit Sharing Model and other Legal Dispositions.
1.
Sales
Sales consist
of
•
full or partial transfer of the ownership of goods
and service production units in the assets of organizations,
• full or partial transfer of the shares of
the organizations in question through domestic or
international public offerings,
• block sales to actual persons or legal entities,
• block sales including deferred public offerings,
• sales to employees,
• sales on the stock exchange by standard or
special orders,
• sales to securities investment funds,
• securities investment partnerships or
• any combination thereof.
2.
Lease
Lease means
grant of the right of partial or full use of the assets
of organizations for a designated period of time.
3. Grant of Operational
Rights
Operation
rights of organizations, with retention of ownership
rights, can be granted to the private sector for a designated
period of time.
4.
Establishment of Property Rights Other Than Ownership
Property
rights other than ownership can be established, whereas
the owner consents to dispositions of the assignee on
the rights of facility thereon or the owner renounces
from the use of these ownership rights, in the format
and under the conditions specified in the Turkish Civil
Code, with retention of ownership by the owner institution.
5. Profit Sharing Model
and other legal dispositions
Other methods
defined in general legislative provisions and special
laws which are not included in the aforementioned privatisation
methods can be applied taking into account the features
of the relevant organizations and markets.
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