1. The terms and phrases used in these regulations and procedures shall have the meanings defined for them in the Finance Lease Law and its Implementing Regulation.

2 For the purpose of applying the provisions of these regulations and procedures, the terms and phrases listed below – wherever they appear in these regulations and procedures – shall have the meanings specified next to each term, unless the context indicates otherwise:

Recovery of Movable Assets: The recovery of movable assets from the lessee in cases where the leasing financing contract between the parties includes the lessor's right to reclaim them.

Request for Delivery of Fixed Assets: The lessor’s request for the delivery of the fixed asset (the property subject to the financing lease contract) from the lessee in cases where the leasing financing contract between the parties includes the lessor's right to reclaim it.

Financial Execution Certificate: A certificate issued by contract registration companies upon request from the lessor, which includes a demand for the lessee to pay a specified amount to the lessor in cases outlined in these regulations and procedures.

Specialized Companies: Companies specialized in the recovery of movable assets, licensed by the Ministry of Justice according to the Enforcement Law. They can be accessed through the Ministry of Justice’s official website.

Parties: The lessor, the lessee, contract registration companies, specialized companies, and the competent judicial authority.

Ministry: The Ministry of Justice.

Authenticated communication: A recorded communication method that can be verified and is retrievable in written or electronic form

Extract of the Enforcement Instrument for the Registered Financing Lease Contract (Extract of the Enforcement Instrument ): A document issued by contract registration companies for the execution on the leased asset (both movable and immovable) according to the provisions of the Enforcement Law and its Implementing Regulation. It includes the Enforcement Extract for the recovery of movable assets, the Enforcement Extract for requesting the delivery of fixed assets, and the Enforcement Extract for the Financial Execution Certificate.

It is required for the issuance of the Extract of the Enforcement Instrument that the contract must be registered with contract registration companies.

All parties must use electronic means for the process of requesting and issuing the extract of the enforcement instrument.