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Regulatory Region Number 2 By 2013

Original Language Title: Peraturan Daerah Nomor 2 Tahun 2013

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GOVERNMENT OF RIAU ISLANDS PROVINCE

RIAU ISLANDS PROVINCE REGULATION

NUMBER 2 YEAR 2013

ABOUT

FORMATION OF THE PORT BUSINESS AGENCY The PT. PORT KEPRI

WITH THE GRACE OF GOD ALMIGHTY

GOVERNOR OF RIAU ISLANDS,

DRAWS: a. that in the hosting of the port and

the khanate, the role of the Local Government can be realized through port enterprise which the Regional Government's Port Enterprises implement in the form of a BUMD or are being worked between the parties. III (third) with the Local Government set up under the provisions of the laws based on the concession mechanism of the port organizers, so that it may contribute to the Regional Real Revenue contribution;

b. that based on consideration as in the letter a above, it needs to form a Port Business Agency (BUP) in the form of Limited Perseroan (PT);

c. that is based on the consideration as referred to in letter a and letter b, necessary tap the Regional Regulation on the Port Venture Agency;

Given: 1. Law Number 25 of 2002 on the Establishment of the Province of Riau Islands (State Gazette of Indonesia Year 2002 Number 111, Additional Gazette of the Republic of Indonesia Number 4237);

2. Law No. 32 Year 2004 on Regional Governing Law (Indonesian Republic Of Indonesia 2004 Number 125, Additional Gazette Republic Indonesia Number 4437);

as amended by Law No. 12 of 2008 on the Second Amendment of the Number 32 Year Act 2004 on the Local Government of the Republic of Indonesia 2008 number 59, the additional sheet of state Republic of Indonesia No. 4844);

3. Law Number 33 Year 2004 On The Financial Balance Between The Central Government And The Local Government (sheet Of State Of The Republic Of Indonesia In 2004 Number 126, Additional Gazette Of The Republic Of Indonesia Number 4438);

4. Law Number 40 Year 2007 On Limited Perseroan (sheet Of State Of The Republic Of Indonesia Year 2007 Number 106, Additional Gazette Of The Republic Of Indonesia Number 4756);

5. Law Number 17 Year 2008 on Shipping (sheet State of the Republic of Indonesia 2008 No. 64, Additional Gazette of the Republic of Indonesia Number 4849);

6. Law No. 28 Year 2009 on Regional Tax and Levy Area (sheet Of State Of The Republic Of Indonesia In 2009 Number 130, Additional Gazette Of The Republic Of Indonesia Number 5049);

7. Government Regulation No. 26 of 1998 on the Use of Limited Use Name (sheet of State of the Republic of Indonesia in 1998 No. 39, Additional Gazette of the Republic of Indonesia Number 3740);

8. Government Regulation No. 27 of 1998 on the Combined Merger, Dissolution And Takeover Of Limited Liability (sheet Of State Of The Republic Of Indonesia In 1998 Number 40, Additional Gazette Of The Republic Of Indonesia Number 3741);

9. Government Regulation No. 58 of 2005 on the Financial Management Of The Area (sheet Of State Of The Republic Of Indonesia In 2005 Number 140, Additional Gazette Of The Republic Of Indonesia Number 4578);

10. Government Regulation No. 38 of 2007 on the Division of Government Affairs Between Government, Provincial Government, and Provincial District/City Government (Republic of Indonesia State Gazette 2007 number 82, Extra State Sheet) Republic of Indonesia 4737);

11. Government Regulation No. 61 of 2009 on Kepelabuhanan (sheet of state of the Republic of Indonesia in 2009 number 151, Additional Gazette of the Republic of Indonesia Number 5070);

12. Government Regulation No. 5 Year 2010 On Kenavigasian (sheet Of State Of The Republic Of Indonesia In 2010 Number 8, Additional Gazette Of The Republic Of Indonesia Number 5093);

13. Government Regulation No. 20 of 2010 on Transport in Waters (sheet of state of the Republic of Indonesia 2010 No. 26, Additional Gazette of the Republic of Indonesia Number 5108);

14. The Law of the Interior Minister Number 3 of 1998 on the Law Form of the Regional Property Agency;

15. Interior Minister Rule Number 50 of 1999 on Regional Governing Body Affairs;

With The Joint Agreement

REPRESENTATIVES OF THE RIAU ISLANDS PROVINCE AREA

AND THE GOVERNOR RIAU ISLANDS PROVINCE

DECIDED:

SET: REGIONAL REGULATIONS ON THE FORMATION OF

AGENCY OF THE PT PORT PT. PORT KEPRI

CHAPTER I OF THE GENERAL PROVISIONS

Article 1

In this Area Regulation referred to:

1. The area is Riau Islands Province.

2. The Regional Government is the Government of the Riau Islands Province.

3. The Governor is the Regional Head of the Province of Riau Islands. 4. The Regional People's Representative Council, which is then called

DPRD is the Regional People's Representative Council of the Province of Riau Islands.

5. The Port Business Agency (BUP) is a company formed by the Government of Riau Islands Province, in the form of a Limited Perseroan Law Agency.

6. Regional capital is a wealth of undivided regions both in the form of money and goods that can be judged by money such as land, buildings, machinery, inventory, valuables, facilities and other rights.

7. The inclusion of regional capital is the transfer of ownership of the property of the Regions which were originally undivided wealth into a wealth that was separated to count as regional capital at the Port Enterprises Agency.

8. The stock is a moving object and gives ownership rights to its holders.

9. Deviden is a share of the profits that the shareholders acquired either, directly or indirectly, by name and in any form.

10. The corporate organ of the BUP is the General Meeting of Shareholders, Directors and Commissioners.

11. The next General Shareholders meeting called RUPS is a BUP Limited Limited (BUP) organ that has power and authority not granted to the Board of Directors or the Council of Commissioners within the limits defined in the Act and/or Basic budget. RUPS is attended by Shareholders, Directors and Commissioners.

12. The Board of Directors is a BUP organ responsible for corporate responsibility for the interests and purposes of the company as well as representing BUP both inside and outside the court.

13. The commissioner is a BUP organ in charge of supervising and giving advice to the Board of Directors in running BUP's business activities.

14. The Capital III (third) capital is the funds included by the party for the business activities of the Port Effort through the cooperation of venture capital disputes to BUP.

15. The Working Area of the Port Business Agency is all over Indonesia, primarily for the Riau Islands Province and in accordance with the provisions applicable to the Port Effort permit issued by the Ministry of Transportation of the Republic of Indonesia.

16. The Central Office is the principal office of the activities of the activities of the Board of Port Enterprises where the Board of Directors and Commissioners work.

The Technical Service/Agency is a Regional Device Working Unit (SKPD), which is technically responsible and is authorized to establish regulations in the fields of interrelations, transportation of the sea and other aspects of the Port and Kepelabuhanan service operations.

18. Officials are employees who are given specific duties in the field of marine transport in accordance with the laws.

19. The Managing Board of the Port Corporation is a corporate administrator consisting of the Commissioners, Directors, and Corporate Employees.

20. The Stock Exchange is all the parties involved in the ownership stake in the Port Enterprises Corporation.

21. Related agencies are agencies that exist in the port and are subject to the services of the khanate, memliki roles in accordance with the regulations and the invitations of the State including; Customs, Airud Police, KPPP, Navy, Immigration, Quarantine, Office Port, Area Entrepreneurship, Syahbandar, Health, Quarantine, TNI in port environment.

22. A port is a place that consists of land and/or waters with a certain boundary as a place of government activities and the activities of the company that the ship rests on. Ride-down passenger and/or unloading of goods, a terminal and ship berths equipped with safety and shipping safety facilities and port support activities as well as intra-and intermodal displacement. transport.

23. The divinity is everything related to the implementation of the port functions to support the flow, security and order of the traffic flow, passengers and/or goods, safety and security of the sailing, the intra displacement. and/or intermoda as well as encourage the region 's economy by keeping regard to the region' s spatial layout.

24. A ship is a water vehicle with any type of mechanical power-driven type, engine power, or delayed, including vehicle-powered dynamic water vehicles, as well as any device and a non-moving floating building.

25. A terminal is a seaport facility consisting of a pool of sandar pools and a boat where the ship leans or the stacking, the buildup, the waiting area and the ride down the passenger, from or the loading dock of the goods.

26. Transport in the water is a transport activity and/or transfer of passengers and/or goods by ship.

27. The transport of the people's seafarers is a traditional public effort and has its own characteristics to carry out transportation in the waters using sailboats, motorized sailboats, and/or simple-flag motorboats. Indonesia with a certain size.

28. Trayek is the route or track of service of transport from one port to another.

29. A General Agent is a national maritime transport company or a national corporation specifically established to make an effort

keagenan vessel, designated by foreign naval freight company to take care of its ship ' s interests during its stay in Indonesia.

30. A service is a transport service in the waters of the traject-traject area established by the Government to serve areas or territories that have not been or are not served by the transport of the waters as it has not provided any commercial benefit.

31. Services are the activities of the Port Enterprises and services that lead to other goods, facilities, or other benefits that can be enjoyed by a person or body.

32. Venture services are the services provided by the Port Business Agency by adhering to the commercial principles that BUP and its partners can do.

33. A body is a set of people and or capital that is a unit, whether doing business or not doing business that includes limited liability, commander-in-command, other corporate MIlik Enterprises (BUMN) or business entity Daearah's (BUMD) with name and in any form, conglomerate firm, pension fund cooperative, fellowship, foundation sorority, mass organization, political social organization or other oraganization, institutions and other forms of body including contract collective investment and a fixed form of effort.

34. The fare of the port services and the services of the divinity is applied to a person or person who uses/enjoys the service of services in accordance with the type of service.

35. The tariff of port services and the services of the divinity is established by the board of directors for the approval of the regional head.

36. A person who is required to pay is a person or entity that is according to the regulation of the port and the services of the divinity are subject to the rate of service or levy determined to make the service payment of the service in accordance with the terms of the service. Valid.

37. The magnitude of the service is the sum of the amount of money imposed on the service users who use the service of the ministry of divinity or the service of the divinity.

38. The Port and Godhead Service's billing is a series of activities ranging from the set of object data and subject matter from the port service and the divinity, where the rate and the magnitude of the bill are owed to the debt. efforts are up to the billing activities and its deployment to a port business enterprise account (BUP).

39. A payment or payment is a proof of payment or payment that a service user has made to the company's coffers through a designated and designated payment site.

40. The Order of the tariff and the wages of the port and the services of the divinity, is the Letter of Determination which determines the magnitude of the size of the service bill and other matters in accordance with the order.

41. Letter of the Bill is a letter to conduct a bill to the service users issued by the Port Business Agency in accordance with the policy and policy of the Board of Port Enterprises.

42. Investment is the entire cost arising from investment activities covering port infrastructure, systems and management, my source of human and other cost costs required in the establishment of the Port and its operations Agency.

43. The Strategic Partner is a working partner of the Riau Islands Port Effort selected based on the selection.

44. Business Development and Business Development of the Port Business Agency may be conducted through direct activities in the field of providing port services and divinity or through indirect efforts of shareholding, capital inclusion, arrangement and activities. intangible others are in line with the port effort and the divinity.

45. Crimes and violations are all committed by the parties committed intentionally or inadvertently in violation of the Act, Regulations and Conditions.

46. An investigator is the agency or the agency that is authorized to conduct the appropriate investigation specified by the State.

BAB II

FORMATION Article 2

(1) With the Regulation of this Region is formed the Provincial Port Business Agency. Riau Islands with the name of PT. PORT KEPRI.

(2) The implementation of the BUP formation as referred to in paragraph (1) is conducted by the Governor in accordance with the provisions of the Laws of the Law.

Article 3

The establishment of the Port Enterprises Agency as referred to in Article 2 is conducted with the Notary Akta with a guideline on the Act of Limited Perseroan and refers to the Rules of Invitation-the invitation.

CHAPTER III OF INTENT AND PURPOSE

Article 4

(1) The Port Business Agency as referred to in Article 3 is established with the intent and purpose of conducting port services and divinity with utilization Land and sea waters in the Riau Islands and other domestic areas of the Republic of Indonesia as well as abroad.

(2) The efforts are a core business of port and services of the divinity, shipping, transport management, operators multi-and inter-mode transport, stock portfolio, as well as all other services with respect to the ongoing transportation field and its derivative endeavour.

Article 5

The purpose of the Port Effort Board is as follows: a. manage and utilize the Riau Islands ' s waters, including

the natural and geographic potential of the region and as well as developing the port and divinity industry associated with sea transport and other intermodes;

b. creating jobs, opening up legacy business opportunities, tackling unemployment and poverty issues;

c. mastering modern technology, both information technology, communications, telecommunications, and other specialized software such as VTIS (Vessel Tracking Information System) and so on the need for the business needs of the port and divinity services, as well as implementing the modern, advanced and open management principles.

d. Control of data and information as a provider of port and divinity services through the provision of infrastructure and infrastructure, including naval kenavigasy and maritime traffic management;

e. enhance the welfare of the community by managing potential areas in particular marine transportation and other more advanced modes that contribute to the economy of the community/region; and

f.

CHAPTER IV PLACES AND POSITIONS

Article 6

The company as referred to in Article 2, is located and headquartered in Tanjungpinang as the provincial capital, and may establish branch offices and representatives and units of effort throughout the Riau Islands Province region as well as inside and abroad, specified by the Board of Directors with written consent from the Commissioner.

BAB V

PERSEROAN AND PERIJINAN ACTIVITIES Article 7

(1) Perseroan as referred to in Section 2, has activities; a. provisioning and/or services of the ship, passengers, and

goods; and b. services related to the divinity.

(2) Activities as referred to in paragraph (1) the letter a consists of:

a. provision and/or dock service services for taming; b. provisioning and/or fuel charging services and

net water service; c. provisioning and/or services of facilities up the passenger

and/or vehicle; d. provisioning and/or dock service services for execution

unloading activities of goods and containers; e. the provision and/or service services of the warehouse and place

stockpiling of goods, unloading tools, and port equipment; f. provisioning and/or service of container terminal services, bulk

liquid, dry bulk, and ro-ro; g. provision and/or services of unloading of goods; h. provisioning and/or distribution of the distribution and consolidation center

goods; and/or i. the provisioning and/or service of the ship's delay service.

(3) Activities as specified in the paragraph (1) letter b consists of:

a. the provision of the waste shelter facilities; b. Supply of container depots; c. supply of warehousing; d. the cleaning and maintenance services of the office building; e. installation of clean water and electricity; f. the service of fresh water and oil filling; g. Office provisioning is for the benefit; h. the port services user; i. Supply of refrigeration facilities; j. the maintenance and repair of the ship;

k. The packaging and the labeling; l. fumigation and cleaning/container repair; m. Public transport from and to port; n. a motor vehicle waiting area; o. Certain industrial activities; p. trade activities; q. the activities of the provision of playgrounds and recreation; r. advertising services; and/or s. hospitality, restaurants, tourism, post and telecom.

Article 8

(1) The Port Business Agency in conducting its business activities is mandatory for the business permit given by: a. Minister for the Port Enterprises Agency in the main port and

port of gatherer; b. Governors for the Port Enterprises are ports of feeder port

regional; and c. The regent/mayor for the Port Enterprises Agency at the port

local feeder. (2) The business permit as referred to in paragraph (1) may be submitted with

meeting the requirements: a. Has a list of the following: the form of a state-owned enterprise, an area-owned entity,

or a limited liability company that is specifically established in the field of divinity;

c. has the company's founding acte; and d. have a company domicile description.

Article 9

(1) BUP as a port and divinity services company can be directed its development as a Parent of the Company and as per its business needs can establish more than one child of a company based on the suitability of a responsible venture.

(2) To run and support the activities of BUP as referred to in Section 7, may cooperate with the third party (third) as a partner. strategic, which can give and increase profits and benefits for BUP.

(3) In terms of the company ' s establishment as referred to in paragraph (1), it requires the approval of RUPS and in accordance with the provisions of the laws.

CHAPTER VI CAPITAL Article 10

(1) BUP base Capital is set at Rp. 100.000,000,000,-(Hundred Billion Rupiah) and partly or entirely from APBD of Riau Islands Province, is the Separated Wealth of the Regions.

(2) Initial Modal that is subject to the BUP is implemented in accordance with the provisions of the laws.

(3) Basic Modal as referred to in paragraph (1) shall be provided after the Company 's Work and Budget Plan compiled by the Board of Directors gets the Riau Islands' s DPRD approval along with the Riau Islands Provincial Government following the the provisions of the laws.

(4) Changes to Basic Modal are determined through the RUPS Mechanism in accordance with the laws.

Article 11

The separated wealth, as referred to in Article 10 of the paragraph (1), is the basic capital of the company and is the inclusion of local government capital on the BUP.

BAB VII SHARES -shares

Article 12

(1) The base Modal BUP consists of the entire nominal value of the shares. (2) BUP shareholders for the first time were the Provincial Government

Riau Islands with a 99.9% amount (ninety-nine comma nine percent) and other Parties owned by the Government of Riau Islands Province by 0.1% (Zero A one percent comma in the BUP is intended.

(3) Changes to shareholding such as additions and/or stock sales may be made through the RUPS approval mechanism.

(4) The addition of capital on Perseroan can be made through the addition of capital in the form of a stock inclusion by the Central Government, Provincial Government, City Government, State-owned Enterprises or BUMD/Perusda in the Province/city and parties Another.

BAB VIII SHAREHOLDERS GENERAL MEETING (RUPS)

Article 13

(1) RUPS has the authority not provided to the Board of Directors or Commissioners, within the limits defined under the Laws and/or budget basic perseroan.

(2) The RUPS is made up of the annual RUPS which must be held at least once a year and the other RUPS.

(3) The mandatory Annual RUPS is held within a year.

(4) The Annual RUPS is held in time the slowest 6 (six) months after the book year is closed.

(5) Other RUPS can held at any time based on the needs of the so-called Extraordinary RUPS (RUPS-LB).

(6) RUPS is led by the Principal Commissioner; (7) RUPS is attended by elements: Shareholders, Commissioners, Directors,

and who are invited by the Directors.

(8) The RUPS decision is taken on a deliberation for mufakat and based on the provisions of the laws.

(9) The order of the RUPS order is set by RUPS in a guideline on the Basic Budget.

CHAPTER IX COMMISSIONER

Article 14

(1) The Board of Commissioners is composed of at least 3 (three) The person who is an assembly with one of them is appointed as the principal commissioner in which every member of the Council of the Commissioners cannot act alone but by the decision of the Board of Commissioners.

(2) For the first time The appointment of the Board of Commissioners may be appointed by the Founder of the Company The Acte Establishment for a term of 3 (three) years and may be reappointed.

(3) For further the Board of Commissioners is appointed by the RUPS of eligible candidates.

(4) The duties and authority, tenure, and dismissal of the Board of Councilmen. The Board of Commissioners is set in the Establishment Act.

Article 15

(1) The Board of Commissioners conducts oversight of the BUP for interest and in accordance with the intent and purpose of BUP as stated in the Establishment Act.

(2) To assist the supervising duties, the Board of Commissioners can forming the Audit Committee which is assigned as a companion to the internal auditor of BUP.

(3) The Board of Commissioners is fully responsible for oversight of the implementation of the intent and purpose of the BUP.

(4) In carrying out its duties, the Commissioner must comply with the BUP Basic Budget and applicable laws as well as mandatory conduct of the principle of professionalism, efficiency, transparency, independence, accountability, and propriety.

CHAPTER X DIRECTORS section 16

(1) BUP management is conducted by the Board of Directors;

(2) The Directors consist of 1 (one) people of the Director or Directors can comprise the most 5 (five) people, a person of whom was appointed as the Primary Director with the division of the task and its authority is set. based on the RUPS;

(3) the Directors referred to in paragraph (1) are responsible for the management of the BUP for the benefit and purpose of the BUP and represent BUP both within and outside the court under the terms stated in the Establishment Act;

(4) In carrying out its duties, the members of the Board of Directors must comply with the provisions in the BUP Basic Budget and the Rules of Invitation, as well as mandatory exercise principles of professionalism, efficiency, transparency, self-reliance, accountability, as well as the wrineness by referring to the good corporate principles governance;

(5) For the first appointment, the Directors are appointed by the founders and will be specified in the Perseroan Establishment Act for a term of 3 (three) years and may be reappointed based on performance assessment and Mutually agreed upon effort has been met during the term of the Board of Directors;

(6) For further Directors are appointed by the RUPS of the proposed candidates and have been eligible;

(7) To meet the terms of being Directors, Directors of Directors must follow the test of viability and wrineness (Fit and Proper Test);

(8) For the second term, the candidate will only follow the eligibility and patchiness test (Fit and Proper Test) as desired by the RUPS;

(9) The Eligibility and Proper Test (Fit and Proper Test) as referred to in paragraph (2) is formed by the Provincial Government;

(10) Tata means the implementation of the Fit and Proper Test and the Criteria of Directors guidelines on the Laws of the Laws.

Article 17

(1) The Directors and Commissioners, are prohibited from taking personal or group advantage, either directly or indirectly from BUP activities, in addition to the authorized earnings.

(2) the authorized income as referred to in paragraph (1) is the salary or honorarium, the allowance of office, operation and others specified in the RUPS.

Article 18

The provisions of the manner and resignation mechanisms of the Commissioner and Directors are set up in the Basic Budget of Perseroan includes: a. end of his term; b. resigning; c. proven to commit a felony; d. a lifetime flaw that interferes with performance; e. Died; and f. evidently not able to manage the proven Perseroan

with audit results by the authorized agency and with the approval of RUPS.

Article 19

(1) Member of the Board of Directors, Commissioners, is not authorized to represent BUP if:

a. matters in front of a court between the BUP with a member of the Board of Directors or the Commissioner in question;

b. Members of the Board of Directors or Commissioners are concerned with the importance of BUP's interests.

(2) The setting up of the right to represent BUP in terms of circumstances as referred to in paragraph (1) is governed in the Perseroan Basic Budget.

CHAPTER XI INCORPORATION, SMELTING AND TAKEOVER

Article 20

(1) The merger, smelting and takeover of Perseroan are set by RUPS.

(2) The order of incorporation, smelting and takeover of Perseroan as referred to in paragraph (1), performed in accordance with the provisions of the Restricted Perseroan laws.

(3) The Mergers, Dissolution and A takeover for the BUP in addition to the provisions of the Law on Limited Perseroan needs to get the approval first of the DPRD in accordance with the provisions of the laws.

BAB XII STRATEGIC PARTNER

Article 21

(1) BUP can do cooperation with party to III (third) such as:

a. Investors; b. Operational Partner; c. A fellow port operator; and d. All stakeholders.

(2) The order of the selection of strategic partners Perseroan as referred to in paragraph (1), done in accordance with the provisions of the laws and the selection of partnerships whose provisions are made by the directors and approved by the Governor under the terms and regulations;

(3) The strategic partner selection of the company which affects the value of the company, is chosen based on the proposal of the Directors and conducted strict selection selection and received approval. of the Governor.

BAB XIII

DISSOLUTION AND LIQUIDATION section 22

(1) The dissolution and liquidation of Perseroan is specified in the Establishment Act;

(2) The manner of the dissolution and liquidation of Perseroan as referred to in paragraph (1) is conducted in accordance with the provisions of the Ordination. The laws of the Company are Limited.

BAB XIV

WORKFORCE Section 23

(1) The Limited Liability Personnel are appointed and dismissed by the Directors in accordance with the provisions of the Employment Law and other applicable provisions.

(2) The need for Limited Liability Employees is tailored to the BUP organization structure with regard to azas-azas similarity and fairness in opportunities ranging from the acceptance process, training, also in the wisdom of work, rise of rank, and payers; and in granting benefits and benefits that provided Perseroan.

(3) Occupation, liabilities and employee rights are governed by the Directors in accordance with the provisions of the laws with regard to the financial capabilities of Perseroan.

BAB XV YEAR OF BOOK, YEAR BUDGET AND WORK PLAN

Article 24

(1) The BUP book year is a taxable year; (2) The Annual Corporate Work and Budget Plan (RKAP) submitted

by the Board of Directors to Shareholders via the Commissioner to receive authorization through the RUPS mechanism; and

(3) The Concern of the Work Plan and the Corporate Budget (RKAP) as referred to in paragraph (2) specified at least three (three) months before the book year is closed.

Section 25

(1) In each year of the book, the Board of Directors is obligated to create and deliver a financial report consisting of from Neraca End of the Year of the new book in comparison to the previous year of the book, the report of the Compensation Profit year in question which has been compiled based on financial accounting standards and has been audited by Public Accountants;

(2) In no time at least 5 (five) months after the book year is closed, the Board of Directors create annual reports to be submitted and discussed in the Annual RUPS for approval; and

(3) The financial statements as referred to in paragraph (1) must be reported to the Governor and are required to be reported in the APBD implementation of the APBD of each year to the DPRD.

BAB XVI DESIGNATION AND USE OF PROFIT

Article 26

(1) BUP is required to set aside certain amounts of net profits each year of the book for the applicable reserves if it has a positive earnings balance;

(2) The net Laba is set by RUPS by first set aside in a certain amount for the reserve fund and if calculated there is still an advantage, it is shared with a dividend;

(3) Properclased percentage (%) of the dividend as is referred to in paragraph (2), set through RUPS and allocated for: a. Deposits To The Area's Cash; b. Enterprise Development Funds; c. Employee Welfare Fund and production services, including directors

and commissioner; d. The People ' s Economic Development Fund; and e. General Reserve Fund.

(4) The use of profit for general reserves when it has been reached its goal may be transferred to other uses with the Governor's Decision, on the proposal of the Board of Commissioners;

(5) Part of the Company's Regional Business The rights of the Government of the State of the Money were acquired during the year of the Regional Enterprise's budget after it was passed by the Governor, incorporated into the Regional Revenue and Shopping Budget and made to the Kas Area no later than the end of the Budget year. concerned.

BAB XVII

provisions TRANSITION Article 27

(1) With the promultable of this Region Regulation, the Local Government and the relevant parties that have the authority and interests in accordance with the provisions of the laws, may immediately take strategic measures in planning BUP alignment.

(2) Time-term as referred to in paragraph (1) at most (one) of the year since the Regional Regulation is promulred.

BAB XVIII

provisions CLOSING Article 28

This Regional Regulation is effective on the date of the promulcings. In order for everyone to know it, order the invitational of this Area Regulation with its placement in the Riau Islands province Area Sheet.

Set in Tanjungpinang on April 25, 2013

GOVERNOR RIAU ISLANDS,

dto

MUHAMMAD SANI

Diundang di Tanjungpinang on May 1, 2013 SECRETARY OF THE RIAU ISLANDS PROVINCE AREA, dTO

SUHAJAR DIANTORO SHEET OF PROVINCIAL REGIONS RIAU ISLANDS 2013 NUMBER 2