Newsletter-21

109 PUBLIC PRIVATE PARTNERSHIP (PPP) (i) approximately TRY 4 billion for the MoH, (ii) approximately TRY 11 billion for the Institution of Public Hospitals of Turkey, (iii) approximately TRY 9 billion for the Public Health Institu- tion of Turkey, (iv) approximately TRY 117 million for the Medicine and Medi- cal Device Institution of Turkey, and (v) approximately TRY 140 million for the General Directorate of Health for Borders and Coasts of Turkey. Conclusion Since the MoH is a part of the central management of the admin- istration, the payment obligation of the MoH (such as lease payments, compensation on termination of the project agreement, etc. ) would also constitute the payment obligations of the State. Although the MoH is not immune from the legal challenges, due to the legal status of the assets of the MoH, such assets cannot be subject to attachment. The MoH shall make its payments from the revolving capital budget and/ or from the budget allocated to the central management. If the budget of the MoH is insufficient to pay its debts, then such payments would be ranked based on their registration dates into the accounts. However, depending on the volume of the penalties and interest amounts arising from such non-payment, the payment obligation may have priority. The legislator also enables certain alternatives to allocate the MoH extra funds for its outstanding payments.