ELECTRICITY MARKET LAW Law No: 4628 Ratification Date: 20.02.2001 Enactment Date: 03.03.2001 PART ONE General Provisions SECTION ONE Purpose, Scope and Definitions Purpose, Scope and Definitions Article 1. ?The purpose of this Law is to ensure the development of a financially sound and transparent electricity market operating in a competitive environment under provisions of civil law and the delivery of sufficient, good quality, low cost and environment-friendly electricity to consumers and to ensure the autonomous regulation and supervision of this market. The scope of this law covers generation, transmission, distribution, wholesale, retailing and retailing services, import, export of electricity; rights and obligations of all real persons and legal entities directly involved in these activities; establishment of Energy Market Regulatory Authority1 and determination of operating principles of this authority; and the methods to be employed for privatization of electricity generation a...