The bill regarding the payment of funds is being presented to the Parliament today.

The bill regarding the liquidation of funds affecting 455 thousand 578 investors and payment to beneficiaries will be presented to the Turkish Grand National Assembly (TBMM) on Friday, October 9. AK Party will present the bill regarding the payment and liquidation of funds to the Parliament today.

According to the news by Buse Gençtürk from Habertürk, a maximum of 1 million TL will be paid per investor in the interim payment.

In the final liquidation account, the investment amount will be updated with the average of CPI and D-PPI, and this indexation will not be made in the interim payment.

If the distributable cash does not cover all the interim payments, the existing cash will be distributed among the fund shareholders by maintaining the ratio.

The portfolio management company, which is the founder and/or manager of the fund, will be primarily responsible for any damage, loss or incomplete liquidation balance. Leaving office will not eliminate the responsibility arising from the actions and decisions taken during the term of office.

The proposed law aims to determine each fund's own assets and real rights holders. It is envisaged that the cash obtained after the liquidation of the fund assets will be distributed fairly to the beneficiaries.

The regulation aims to create a legal framework for investors to obtain their receivables.