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Government Regulation Number 32 In 2006

Original Language Title: Peraturan Pemerintah Nomor 32 Tahun 2006

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-money metal printing items;
.,, c. printing money and other state security documents at the request of the country in question;
., d. provide services that have a high security value related to the Company's activities; and
., e. Other businesses that can support the company's intentions and objectives.

Section 10
In order to support the financing of activities in order to achieve the intent and purpose as referred to in Article 8 and based on the Company ' s business development policies may:
., a., a. Do business with other parties, both within the country and abroad;
B. forming a subsidiary; and/or
c. perform the inclusion of capital within the other enterprise body.

The Fourth Part
Capital

Section 11
.,, (1) The Company ' s Modal is a wealth of countries that are separated from the State Budget and Shopping Budget and are not divided over the shares.
.,, (2) The amount of capital of the Company at the time of this Government Regulation is promulred as much as the inclusion of the capital of the state embedded in the Company Rp363.573.454,896 (three hundred and sixty-three billion five hundred and seventy-three million four. A hundred and fifty-four thousand eight hundred and ninety-six rupiah.
.,, (3) Any addition and subtraction of the inclusion of state capital within the Company stemming from the State Budget and Shopping Budget is set with government regulations.
.,, (4) Any addition and inclusion of capital derived from the reserve capitalization and other sources set forth by the Minister.

Section 12
(1) The issuer of the bonds and other debt letters are set by the Minister.
.,, (2) The bond issuer plan as referred to in paragraph (1) must be notified by the Company to a particular creditor.

The Fifth Part
Enterprise organ

Section 13
(1) The Corporate Organ is the Minister of Directors and the Supervising Board.
.,, (2) Other than the Company 's organs as referred to in paragraph (1) any other party is prohibited from interfering with the Company' s management.

The Sixth Part
Minister

Section 14
(1) the Minister conducts the Company ' s coaching.
.,, (2) the Company 's coaching as referred to in paragraph (1) is done by establishing a business development policy in accordance with the Company' s intent and purpose.
.,, (3) The policy development policy as referred to in paragraph (2) is set by the Minister based on the proposal of the Director after it gets the approval of the Supervising Board.
.,, (4) The business development policy referred to in paragraph (3) includes the investment policy of financing a source of financing for the use of the Company's efforts and other business development policies.
.,, (5) The business development policy as referred to in paragraph (4) is made a guideline for Directors and Supervising Board in the running of the Company ' s operational activities.
.,, (6) In order to establish the development policy the Minister ' s efforts can request input from the Technical Minister.

Section 15
The Minister is not responsible for any result of the legal actions that the Company and the Company 's losses exceed the country' s wealth value that has been separated into the Company unless:
., a., a. The Minister is both direct and indirect in bad faith utilizing the Company solely for personal benefit;
., b. The Minister is involved in the conduct against the laws committed by the Company; or
., c. The Minister is either directly or indirectly against the law using the Company ' s wealth.

The Seventh Part
The board of

Section 16
(1) The Directors do the Company ' s management.
.,, (2) The number of Directors of the Company at most 5 (five) persons and one of them as Principal Directors.

Section 17
The one that can be appointed to the Board of Directors is the individual person who:
., a., a. satisfy the integrity criteria of the leadership of honest experience of good behavior and have a high dedication to advancing the Company;
., b. being able to carry out legal deeds and never be declared pailit or to be a member of the Board of Directors or the Board of Regents found guilty of causing a company or Perum to be declared pailit or person who has never been punished for Committing a criminal offense to the country's finances;
c. bercitizenship Indonesia.

Section 18
.,, (1) Between members of the Board of Directors is prohibited from having a family relationship to the third degree either according to the straight line and the line to the side including the family relationship arising out of marriage.
.,, (2) If a family relationship as referred to in paragraph (1) happens after the appointment of a member of the Board of Directors then the member of the Board of Directors must apply to the Minister to be able to continue his post.
(3) The request to the Minister as referred to in verse (2) is proposed in the slowest term of 30 (thirty) days since the occurrence of the family relationship.
.,, (4) A Member of the Board of Directors as referred to in paragraph (2) may continue his post until the Minister's Decision for the members of the Board of Directors may or may not continue to office.
(5) The (5) decision of the Minister as referred to in verse (4) is given in the slowest length of 60 (sixty) days from the request as referred to as the paragraph (2) was submitted.
.,, (6) In terms of the Decree of the Minister not yet issued in the term as referred to in paragraph (5) the Minister is deemed to give the decision that the member of the Board of Directors may resume his post.

Section 19
Members of the Directors are prohibited from calling me a double post:
., a., a. Members of the Board of Directors of the State-owned Enterprises and Private Business or other positions may lead to a clash of interests;
., b. Structural and functional positions in central and local government agencies/institutions; and/or
c. Other positions conform to the provisions of the laws.

Section 20
(1) Members of the Directors are appointed and disstyle="text-align: center;"> Section 8
The purpose of the Company is to carry out and support government programs in the field of economic and national development in general by conducting business in the field of printing money goods and/or services that have a high security value for the sake of the company. security and the interests of the country.

The Third Part
Activities and Effort Development

Section 9
To achieve the intent and purpose as referred to in Article 8 the Company organizes the Indonesian Republic's rupiah to meet the Bank Indonesia's request and carry out activities as follows:
., a., a. print security documents for the country-the immigration document of the seal excise and the document on the request of the authority of the authorized instance;
B. print other security documents and noncided.

Section 29
.,, (1) The Plan of the Long Term Plan as referred to in Section 23 of the paragraph (1) of the letter e at least contains:
., a., a. evaluation of the execution of the previous Long Term Plan;
B. company position as the Company compiles the Long-Term Plan;
c. The assumptions used in the preparation of the Long-Term Plan; and
., d. The mission assignment of the policy strategy and the Long-Term Plan work program and the interconnectedness between these elements.
.,, (2) The Design of the Long Term Plan which has been signed by Directors along with the Supervising Board is delivered to the Minister to be passed.

Section 30
.,, (1) The Company ' s Plan of Work and Budget as referred to in Article 23 of paragraph (1) of the letter e at least contains:
.,
., a., a. Enterprise policy strategy objective objectives of the Company and its work/activities;
., b. The company's budget is detailed on every job program budget.
c. The core financial projections of the company and its subsidiaries; and
D. Other things that require the Minister's decision.
.,, (2) The Plan of Work Plan and the Company ' s Budget as referred to in paragraph (1) is submitted to the Minister at least 60 (sixty) days before the budget year begins to obtain assent.
.,, (3) The Plan of Work Plan and the Company ' s Budget as referred to in paragraph (1) is passed by the Minister the slowest 30 (thirty) days after the budget year running.
.,, (4) In terms of the design of the Work Plan and the Budget of the Company has not been authorized by the Minister as referred to in paragraph (2) then the design of the Company's Work and Budget Plan is considered valid to be implemented along the way the order of the order of the Work Plan and the Corporate Budget.

The Eighth Part
The Supervising Board

Section 31
(1) On the Company set up the Supervising Board.
.,, (2) The number of Supervising Board members is adjusted to the Company ' s needs and at least 2 (two) a person of whom is appointed as Chairman of the Supervising Board.
.,, (3) the Supervising Board is in good faith and full responsibility of running the task for the interests and objectives of the Company.

Section 32
The one that can be named a member of the Supervising Board is the individual person who:
., a., a. meets the integrity criteria of understanding management issues related to one of the management functions of the Company's business and may provide sufficient time to perform its tasks;
., b. being able to carry out legal deeds and never declared pailit or to be a member of the Board of Directors or the Board of Regents found guilty of causing a Persero or Perum to be declared pailit or person who was never punished for commit criminal acts that are harming the country ' s finances; and
c. bercitizenship Indonesia.

Section 33
Members of the Supervising Board are not justified to have any interests at odds with or interfering with the Company ' s interests.
Section 34
The Supervising Board may consist of elements of State Department of State Treasury officials belonging to the State Department of State/other agencies whose activities are related to the company and independent elements that are derived from professionals.

Section 35
Members of the Supervising Board are prohibited from calling me a double post:
., a., a. Members of the Board of Directors of the State-owned Enterprises and Private Enterprises Owned Enterprises;
B. another post that may pose a clash of interests; and/or
c. Other positions conform to the provisions of the laws.

Section 36
(1) The Supervising Board is appointed and dismissed by the Minister.
.,, (2) Members of the Supervising Board are appointed for a term of 5 (five) years and may be reappointed for 1 (one) times the term.
.,, (3) The Regents of the Supervising Board members are not in time with the appointment of members of the Directors.
.,, (4) If deemed necessary in order to the appointment of the Supervising Board of Ministers may request input from the Technical Minister.

Section 37
.,, (1) Members of the Supervising Board may be dismissed before the expiration of his term by the Minister if based on the reality of the Supervising Board member:
., a., a. not perform its duties well;
B. does not implement the rules of the laws of the rules;
c. engaging in the Company ' s adverse actions;
., d. Found guilty by a court ruling that has a fixed legal force;
e. the Capture of the post as referred to in Article 35; or
f. Resign.
(2) The decision of the dismissal as referred to in verse (1) the letter b and the letter c are taken after the question is given the chance to defend itself.
(3) Self-defense as referred to in verse (2) is done in writing and delivered to the Minister within 30 (thirty) days since the members of the Supervising Board are notified in writing by the Minister. about the plan of the dismissal.
.,, (4) During the dismissal plan as referred to in paragraph (3) is still in the process then the members of the Supervising Board of Regents can exercise their duties.
(5) If in the term of 60 (sixty) days since the date of the self-defense is referred to in verse (3) the Minister does not give a decision of the dismissal of the Supervising Board of the Supervising Board of the Supervising Board of the Supervising Committee. It's been canceled.
(6), (6) the Pit Stop for the reason as it is referred to in verse (1) the letter may be a stop with no respect.
.,, (7) The occupation as a member of the Supervising Board ends with the issuer of the decision by the Minister.

Section 38
(1) The Supervising Board is responsible for:
.,
., a., a. carry out supervision of the Company ' s management of the Company; and
., b. advising Directors in carrying out the Company ' s management activities.
., (2) Oversight as referred to in paragraph (1) of the letter a including carrying out the supervision of the execution:
., a., a. The Company ' s Work and Budget Plan;
B. policy set by the Minister; and
c. provisions of the laws.

Section 39
(1) the Supervising Board in carrying out its duties is obligated:
.,
., a., a. provide an opinion and advice to the Minister regarding the Company ' s proposed Work Plan and Budget;
., b. following the developmld at least 1 (one) month once.
., (2) In the meeting as referred to in paragraph (1) are discussed matters relating to the Company in accordance with the duties of the authority and its obligations.
(3) The decision of the Board of Directors is taken on the basis of deliberations for the mufakat.
.,, (4) In terms of not being achieved the word mufakat then the decision is taken on the basis of the most votes.
., (5) For each meeting is made by meeting treatises that contain the things that are spoken of and deual Report as referred to in paragraph (1) must be mentioned the reason in writing.

Section 57
.,, (1) The Annual Report is delivered by the Directors to an external auditor appointed by the Minister to be examined.
., (2) The report of the results of the external auditor examination as referred to in paragraph (1) is delivered in writing by the Directors to the Minister to be authorized.
.,, (3) The Annual Financial Report as referred to in paragraph (2) was announced in the daily newspaper.

Section 58.
.,, (1) The unrest as referred to in Article 57 of the paragraph (2) frees the Board of Directors and the Supervising Board of its responsibilities against everything contained in the Annual Financial Report.
.,, (2) In terms of the Annual Financial Report document submitted and the passed it turns out to be untrue and/or misleading then the members of the Board of Directors and Supervising Board responsively against the wronged third party.
.,, (3) the members of the Board of Directors and Supervising Board are exempt from the responsibility as referred to in paragraph (2) if it is proven that the circumstances are not due to his mistakes.

Section 59
.,, (1) periodical reports are both the quarterly report of the semester and other reports on the performance of the Company are delivered to the Supervising Board.
.,, (2) the stews of the periodic report as referred to in paragraph (1) are delivered to the Minister.

Section 60
The Annual Report of the periodical and other reports as referred to in this section is delivered with the form of the contents and order of drafting in accordance with the provisions of the laws.

The Twelfth Part
Enterprise Employee

Section 61
Procurement of job titles and rewards to employees of the company is governed and specified by the Directors in accordance with the provisions of the laws of the country. Employment.

The Thirteenth Part
Profit Usage

Section 62.
.,, (1) Laba net of the Company in a year of the book as set forth in the Annual Financial report which the Minister has authorized is divided according to the way its use is determined by the Minister.
., (2) the net Laba as referred to in paragraph (1) is shared for the common reserve dividend of purpose and other that the percentages are each specified per year by the Minister.
.,, (3) The goal reserve as referred to in paragraph (2) is used for investment.

The Fourteenth Part
Reserve Fund usage

Section 63
.,, (1) Each year the Company ' s books are required to set aside a certain amount of net profit for backup.
.,, (2) The net profit prelimination as referred to in paragraph (1) is performed until the backup reaches at least 20% (twenty percent) of the Company's capital.
.,, (3) The backup funds up to 20% (twenty percent) of the Company 's capital are only used to close the Company' s losses.
.,, (4) If the reserve funds have exceeded 20% (twenty percent) of the Company's capital then the Minister may decide that the excess of such backup funds be used for the Company's use.
.,, (5) the Board of Directors must manage the backup funds in order for such backup funds to obtain a profit in a way that is considered good by it with the approval of the Supervising Board and with regard to the laws.
.,, (6) the Laba obtained from the management of the backup funds as referred to in paragraph (5) is included in the calculation of the loss of money.

The Twelfth Part
General Service Obligations

Section 64
.,, (1) The Government may provide a special assignment to the Company to organize a general expediency function by keeping an eye on the intent and purpose and activities of the Company's efforts.
.,, (2) If the assignment is financially unfavorable should the Government be compensated for all costs incurred by the Company including the expected margin along the level of the kewajeness according to Assigned assignment.
.,, (3) Any assignment as referred to in paragraph (1) must first obtain the Minister ' s consent.
.,, (4) In carrying out the special assignment of the Government of the Company must expressly discontinue the accounting of such assignments with the bookkeeping in order to achieve the objectives of the Company's objectives.

The Sixteenth Part
Other provisions-another

Section 65
Set the way to the end of the month of the date of the date of the date of the date of the date of the date of the date of the date of the date of the date of the date of the date of the date of the date of the date of the date of the date of the date of the the inventory of goods by the Company is specified in accordance with the provisions of the laws.
Section 66
.,, (1) The provision of the Company ' s goods and services using direct funds from the State Budget and Shopping Budget is implemented in accordance with the provision of the State Budget and Shopping Budget.
.,, (2) the Directors set out the order of procurement of goods and/or services of the Company in addition to the procurement of goods and services as referred to in paragraph (1) based on the general guidelines set forth by the Minister.
.,, (3) The order of the manner referred to in paragraph (2) is set forth by the Directors with regard to the principles of efficiency and transparency.

Section 67
.,, (1) The Department/Government agencies are not justified to burden the Company with any form of expenditure.
.,, (2) The company is not justified to finance the needs of the department/government agencies.

Section 68
.,, (1) the Directors may only apply to the State Court for the Company to be declared pailit based on the Minister ' s approval.
.,, (2) In the case of bankruptcy occurring due to the errors or omiscerations of the Board of Directors and the wealth of the Company is not sufficient to close the loss due to the pailitan then any member of the Board of Directors is responsively responsible for the loss That.
., (3) Members of the Board of Directors who may prove that such pailitan is not due to an error or a negligence is not liable for a liability for such loss.

Section 69
.,, (1) the members of the Board of Directors and all employees of the Company due to the actions against the law pose a loss for the Company is required to indemnate it
., (2) The provisions of the damages as referred to in paragraph ( name of the Board of Directors and the Supervising Board members; and
., f. pay and other benefits for members of Directors and honorarium as well as other benefits for members of the Supervisory Board.

Section 56
.,, (1) The Annual Report is signed by all members of the Board of Directors and Supervising Board as well as being delivered to the Minister.
., (2) In the event that there is a member of the Board of Directors or the Supervising Board not signing the Ann1) against the members of the Directors are governed by the Minister whereas the Company employees are governed by the Directors in accordance with the provisions of the laws.

Section 70
All letters and valuable letters that include the bookkeeping group and the Company administration are stored in the Company premises or other places in accordance with the provisions of the laws.

Section 71
(1) The Dissolution Of The Company is set with government regulations.
.,, (2) The dissolution of the Company followed with the liquidation act carried out by the liquidator.
(3) The liquidator designation is carried out by the Minister.
.,, (4) If the Minister does not appoint liquidator then the Directors act as liquidator.
(5) All of the Company ' s wealth after the liquidation is held to the country.
.,, (6) If not otherwise specified in the Government Regulation as intent on paragraph (1) the remainder of the liquidation result is made directly to the State Kas.
(7) Likuidator is responsible for the liquidation of the Minister.
.,, (8) The Minister gave the release of responsibility about the work that had been resolved liquidator.

Section 72
The leadership of the organization units within the Company is responsible for performing surveillance attached to each of its work environments.

BAB III
THE TRANSITION PROVISION

Section 73
At the time of the expiring Government Regulation all provisions of the implementation which have been established and enacted under Government Regulation No. 34 of 2000 still remain in effect throughout the non-contradictory and have not been replaced with the provisions new that are set and enforced under this Government Regulation.

BAB IV
CLOSING PROVISIONS

Section 74
With the enactment of this Government Regulation then the Government Regulation No. 34 of the Year 2000 is revoked and declared unapplicable.

Section 75
This Government Regulation shall come into effect on the date of the promulctest.

In order for everyone to know it ordered the invitational of this Government Regulation with its placement in the State Sheet of the Republic of Indonesia.

.,, Set in Jakarta
on September 22, 2006
PRESIDENT OF THE REPUBLIC OF INDONESIA

-DR. H. SUSILO BAMBANG YUDHOYONO
Promulgated in Jakarta
on September 22, 2006
MINISTER OF LAW AND HUMAN RIGHTS
REPUBLIC OF INDONESIA

HAMID AWALUDIN.