Chapter Three: Extinction of Obligations and Obligatory Relationships, Limitation › Division One: Grounds of Extinction
Set-off shall take effect only when the debtor notifies the creditor of the intention to set off. In this case, both debts shall be extinguished, up to the amount of the smaller debt, as of the time when they could have been set off.
The special commercial customs relating to current accounts are reserved.
Original Turkish text
MADDE 143 · II. Hükümleri
Takas, ancak borçlunun takas iradesini alacaklıya bildirmesiyle gerçekleşir. Bu durumda her iki borç, takas edilebilecekleri anda daha az olan borç tutarınca sona erer.
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