REPUBLIC OF INDONESIA STATE NEWS

No. 461, 2009 TREASURY DEPARTMENT. Subsidy. Fuel. Change.

THE REGULATION OF THE FINANCE MINISTERS OF THE REPUBLIC OF INDONESIA NUMBER 195 /PMK.02/ 2009

ABOUT THE CHANGE IN THE RULE OF FINANCE MINISTER NUMBER

03 /PMK.02/ 2009 ABOUT THE ORDER OF THE PROVISION, CALCULATION AND SUBSIDY PAYMENTS. FUEL

OIL TYPE SPECIFIC OIL FUEL WITH THE GRACE OF GOD ALMIGHTY

THE FINANCE MINISTER OF THE REPUBLIC OF INDONESIA,

DRAWS: A. that under Finance Minister Regulation No. 03 /PMK.02/ 2009 has been set up the terms of the provisioning, calculation and payment of Petroleum Fuel Subsidies (BBM) of Certain Types of BBM;

b. that in the State Shopping and Shopping Budget (APBN) and its Peruanes, the fuel subsidy of the BBM is certain, including the Nabati Fuel (BBN) mixed with the Naturally Derived BBM that is derived from petroleum that aims to easing the public burden as well as the utilization of BBN;

c. that to execute and streamline the BBN subsidy payment mixed with BBM Most certainly needs to fine-tune the Regulation

2009, No. 461 2

Finance Minister Number 03 /PMK.02/ 2009 on the Tata Way of SupplierWorld, Count and Payment of Oil Fuel Subsidies Of Certain Oil Fuels;

d. that based on consideration as intended in the letter a, the letter b, and the letter c, need to establish the Minister of Finance Regulation on the Change of the Regulation of the Finance Minister Number 03 /PMK.02/ 2009 on the Order of the Supplies, Counts and Payment Of Fuel Subsidy Of Any Type Of Oil Fuel Type;

Given: 1. Law No. 41 of 2008 on Budget and Shopping of the State of the Year of the 2009 Budget (State of the Republic of Indonesia 2008 Number 171, Additional Gazette of the Republic of Indonesia Number 4920), as amended by Law Number 26 Of 2009 (sheet Of State Of The Republic Of Indonesia 2008 Number 118, Additional Gazette Of The Republic Of Indonesia Number 5041);

2. Law No. 47 of 2009 on Budget and State Shopping of the Budget 2010 (Indonesian Republic of Indonesia Year 2009 number 156, Additional Gazette of the Republic of Indonesia Number 5075);

3. President's Law Number 71 of 2005 on the Supplies and Distributed Types of Petroleum Fuels as amended by the Presidential Regulation No. 45 of 2009;

4. Presidential Decree No. 84 /P Year 2009;

5. Regulation of Finance Minister Number 03 /PMK.02/ 2009 on the Tata Way of Supplies, Counting and Payment of Oil Fuel Subsidies Of Certain Types Of Oil Fuel;

2009, No. 461 3

DECIDED:

STIPULATING: THE REGULATION OF THE FINANCE MINISTER ON THE CHANGE IN THE REGULATION OF FINANCE MINISTER NUMBER 03 /PMK.02/ 2009 ABOUT THE ORDER OF PROVISION, COUNTING, AND THE PAYMENT OF OIL FUEL SUBSIDIES CERTAIN TYPES OF OIL FUEL.

Article I

Some provisions in Finance Minister Regulation Number 03 /PMK.02/ 2009 on the Tata Way of Supplies, Counting and Payment of Oil Fuel Subsidies Type Specified Oil Fuels are changed as follows:

1. The provisions of Article 1 are amended, so it reads as follows:

Article 1 In this Financial Minister Regulation, referred to: 1. The type of Specified Oil Fuel which

subsequently called the Type BBM is certainly the fuel that is Derived and/or up from Earth Oil and/or fuel derived and/or processed from Earth Oil that is mixed with Nabati Fuel (Biofuel) as Other Fuel with type, standard and quality (specifications), price, volume, and certain consumers.

2. Nabati Fuel (Biofuel) as another Fuel next called BBN is a fuel derived from the vegetable ingredients and/or is produced from other organic materials.

3. The benchmark price is the price calculated each month based on the price of the BBM market index

2009, No. 461 4

and/or the average BBN market index price in the previous one month period plus distribution and margin costs.

4. An entity is a legal entity that runs the type of enterprise that is fixed, constantly and established in accordance with the laws and works with within the territory of the State of the Republic of Indonesia. who are given the assignment of the Government to carry out the provision and distribution activities of the BBM, and are subject to the terms of the laws.

5. Certain BBM user types are consumers of the same type of BBM as specified in the laws.

2. The provisions of Article 6 of the paragraph (3) are amended, so Section 6 reads as follows:

Section 6

(1) Based on the Government ' s assignment letter to the Entity to provide and distribute the of Certain BBM Types, the Board of Directors Each month's attempt to submit payment requests for a BBM subsidy of the type of BBM is certain to the Director General of the Budget as a Budget User with busan to the Director General of the Treasury.

(2) BBM subsidy payment request A specific type of BBM for a month may be delivered on the 1 (one) month of the month. next.

(3) The request of the BBM subsidy payment of the BBM Type is specified in paragraph (1) is required to be accompanied by a complete support data consisting of: a. volume of sales per Type BBM is expected at

in the most loading country:

2009, No. 461 5

1) the volume of product submission of BBM

Certainly to the user's consumer; and 2) the handover volume of the BBM Type product

Is of course based on the distribution area of the trade; b. The BBM Market Index price per provision

negotiations; c. The price of the BBN Market is mixed to

in the type of BBM of course according to the provisions of the negotiations; and

d. calculation of the number of BBM subsidies of the same type based on data referred to in letter a, letter b, and letter c.

3. Between Section 16 and Section 17, the following section is Section 16A, which reads as follows:

Section 16A Implementation of the terms of provisioning, calculating and payment of the BBN-mixed BBN mixed Type of BBM has been in effect since The 2009 Presidential Decree No. 45 in 2009 on the Change of Presidential Regulation Number 71 of 2005 on the Appliances and Redistributions of the Kind of Substances Fuel is specified.

Article II of the Minister of Finance Regulation is beginning to apply to The date is promulred.

2009, No. 461 6

For everyone to know it, ordering the Minister of Finance's Ordinance with its placement in the State News of the Republic of Indonesia.

Set in Jakarta on the 2nd December 2009 MINISTER OF FINANCE OF THE REPUBLIC OF INDONESIA,

SRI MULYANI INDRAWATI

PROMULRED IN JAKARTA ON 2 DECEMBER 2009 THE MINISTER OF LAW AND HUMAN RIGHTS REPUBLIC OF INDONESIA, PATRIALIST AKBAR