Regulation Of The Minister Of Finance Number 220/fmd. 010/2012 Year 2012

Original Language Title: Peraturan Menteri Keuangan Nomor 220/PMK.010/2012 Tahun 2012

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c51589489d08ea7313233343539.html

BN 1308-2012. doc REPUBLIC INDONESIA No. 1308, 2012 the MINISTRY of finance. Financing. Consumers. Motor Vehicle. Cash Advance. REGULATION of the MINISTER of FINANCE of the REPUBLIC of INDONESIA NUMBER 220/FMD. 010/2012 ABOUT the CHANGES to the REGULATION of the MINISTER of FINANCE NUMBER 43/FMD. 010/2012 ABOUT CASH ADVANCE CONSUMER FINANCE for MOTOR VEHICLES on COMPANY FINANCING with the GRACE of GOD ALMIGHTY the MINISTER of FINANCE of the REPUBLIC of INDONESIA, Considering: a. that the precautionary principle in order to improve the company's financing hatian-risk consumer finance motor vehicle distribution, need to add provisions on consumer finance down payment for motor vehicle wheels 3 (three) and the wheel more than 4 (four); b. that with respect to the letter a above and so that there is equality of consumer finance down payment arrangements for motor vehicle financing for companies that conduct business activities based on sharia principles, need to do a cash advance provision against consummation of consumer finance for motor vehicles as provided for in the regulation of the Minister of finance Number 43/FMD. 010/2012 about cash advance consumer finance For motor vehicles on company Financing; www.djpp.depkumham.go.id 2012, no. 1308 2 c. that based on considerations as referred to in letter a and letter b, need to establish the regulation of the Minister of finance about the changes to the regulation of the Minister of finance Number 43/FMD. 010/2012 about cash advance consumer finance For motor vehicles on company Financing; Given: 1. the presidential Regulation No. 9 in 2009 about Financing Institutions; 2. Presidential regulation Number 24 of 2010 about the position, duties and functions of the Ministries as well as the Organization, duties, and functions of the Echelon I Ministries as it has several times changed the last presidential regulation Number 92 in 2011; 3. Regulation of the Minister of finance Number 84/FMD. 012/2006 about finance companies; 4. Regulation of the Minister of finance Number 43/FMD. 010/2012 about cash advance consumer finance For motor vehicles on company Financing; Decide: define: REGULATION of the MINISTER of FINANCE ABOUT the CHANGES to the REGULATION of the MINISTER of FINANCE NUMBER 43/FMD. 010/2012 ABOUT CASH ADVANCE CONSUMER FINANCE for MOTOR VEHICLES on COMPANY financing. Article I a few provisions in the regulation of the Minister of finance Number 43/FMD. 010/2012 about cash advance consumer finance For motor vehicles on company Financing changed as follows: 1. Article 1 is amended to read as follows: article 1 (1) finance companies that perform business activities and consumer financing consumer financing based on sharia principles to motor vehicles mandatory provisions applying the down payment (down payment) to the consumer as follows www.djpp.depkumham.go.id: 2012, no. 1308 3 a. for motor vehicle wheels in two or three, the lowest 20% (twenty per hundred) of the sale price of the vehicle in question; b. for four-wheeled motor vehicles or more used for purposes of productive, the lowest 20% (twenty per hundred) of the sale price of the vehicle in question; or c. for four-wheeled motor vehicles or more used for non-productive purposes, the lowest 25% (twenty five per hundred) of the sale price of the vehicle in question. (2) four-wheeled motor vehicles or more used for productive purposes as referred to in paragraph (1) letter b meets the criteria at least as follows: a. is the transport of people or goods that have a permit issued by the authorities to conduct certain business activities; or b. the proposed by individuals or legal entities that have a specific business license from the authorities and are used for business activities that are relevant to business license owned. (3) in the case of a motor vehicle wheel four or more did not meet any of the criteria referred to in paragraph (2) of the vehicle concerned is classed as four-wheeled motor vehicles or more used for non-productive purposes. 2. In between article 3 and article 4 is inserted 1 (one) article, namely Article 3A, so Article 3A reads as follows: article 3A (1) the company's financing activities financing consumer motor vehicles mandatory provisions applying the down payment financing consumer motor vehicles for motor vehicle wheels of three as stipulated in article 1 paragraph (1) letter a and for motor vehicle wheels more than four as stipulated in article 1 paragraph (1) letter b and the letter c consumer finance in the Treaty, no later than January 1, 2013. (2) the company's financing activities financing consumer motor vehicles based on sharia principles apply cash advance provisions mandatory consumer finance motor vehicle based on sharia principles referred to in article 1 paragraph (1), in the proposed consumer finance based on sharia principles at least since January 1, 2013. www.djpp.depkumham.go.id 2012, no. 1308 4 Article II of this Ministerial Regulation comes into force on the date of promulgation. In order to make everyone aware of it, ordered the enactment of this Ministerial Regulation with its placement in the news of the Republic of Indonesia. Established in Jakarta on December 21, 2012, the MINISTER of FINANCE of the REPUBLIC of INDONESIA. AGUS MARTOWARDOJO D.W. Enacted in Jakarta on December 21, 2012 the MINISTER of LAW and HUMAN RIGHTS Republic of INDONESIA, Ttd AMIR SYAMSUDDIN www.djpp.depkumham.go.id