Newsletter-21

306 NEWSLETTER 2016 breach is not remedied, the guarantee deposited during the pre-license period will be recorded as revenue, and the license of such legal entity will be cancelled. The license term for RERAs is 30 years, and at the end of this term, general procedures will be applied in accordance with general terms. However, even if it is determined that the license term for RERAs is 30 years, it is unclear as to the outcome for the remaining period if the applicants are granted 15 years of an electricity generation license. In order to avoid such uncertainties, explanatory statements would be much more beneficial. Protection and Usage of RERAs As per Article No. 12 of the Draft, the procedures and principles in relation to protection of RERA are set forth. These are: a. Protection of neutrality and maintainability of the resource to be used in RERAs, b. Obtaining the opinion of the General Directorate at the preparation stage of all projects and plans that may change characteristic features of renewable energy resources, c. Any operation that prevents benefit- ing from the resource cannot be conducted unless national security or public interest requires otherwise. Basis and Principles Regarding the Usage of RERAs Pursuant to Article No. 13 of the Draft, projects with different mechanical powers to be realized on RERAs by parceling, will be as- signed to legal entities by the Ministry, or by the institution/establish- ment authorized by the Ministry with the competition to be made in accordance with Law No. 6446 and the relevant regulations. Repealed Regulation According to Article No. 15 of the Draft Regulation, the Regula- tion on Determination, Evaluation, Protection and Utilization of Re- newable Energy Resource Areas in relation to Electricity Generation published in the Official Gazette dated 27 November 2013 and num- bered 28834 will be repealed with the entrance into force of this Draft.