Government Regulation Number 16 Of 2003

Original Language Title: Peraturan Pemerintah Nomor 16 Tahun 2003

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c4ea6d646809ddb313231353431.html

PP 16-2003 Text copy _?.
Back COUNTRY SHEET Republic of INDONESIA No. 33, 2003 GOVERNMENT REGULATION of the REPUBLIC of INDONESIA number 16 of 2003 ABOUT the ADDITION of EQUITY CAPITAL of the REPUBLIC of INDONESIA in the COMPANY'S SHARE CAPITAL of the COMPANY (PERSERO) PT ASURANSI JIWASRAYA PRESIDENT REPUBLIC of INDONESIA,.,, Considering: a. that to further strengthen the company's capital structure of the company (PERSERO) PT Asuransi Jiwasraya, then deemed necessary to perform the addition of equity capital of the State into the share capital of the company by the company (PERSERO) PT Asuransi Jiwasraya;
.,, b. that portion of the difference in valuation (revaluation) fixed assets the company conducted in 1999 can be defined as the addition of equity capital of the Republic of Indonesia into the share capital of the company by the company (PERSERO) PT Asuransi Jiwasraya;
.,, c. that the addition of equity capital of the country, needs to be established by regulation of the Government;
.,, Considering: 1. Article 5 paragraph (2) of the 1945 Constitution as amended by the fourth Change the Constitution of 1945;
., ,2. Act No. 9 of 1969 concerning the determination of the Replacement Government Regulations Act No. 1 of 1969 (State Gazette of the Republic of Indonesia number 16 in 1969, State Gazette Supplementary Number 2890) about State Business forms into law (State Gazette of the Republic of Indonesia Number 40 in 1969, State Gazette Supplementary Number 2809);
., ,3. Law No. 1 year 1995 concerning limited liability company (State Gazette of the Republic of Indonesia number 13 in 1995, an additional State Gazette Number 3587);
., ,4. Government Regulation Number 33 of 1972 on the transfer of the State Insurance Companies Form the Company Jiwasraya (PERSERO) (State Gazette of the Republic of Indonesia Number 48 of 1972);
., ,5. Government Regulation number 12 in 1998 about the company Company (PERSERO) (State Gazette of the Republic of Indonesia number 15 in 1998, an additional State Gazette Number 3731) as amended by the Government Regulation Number 45 in 2001 (State Gazette of the Republic of Indonesia year 2001 Number 68, State Gazette Supplementary Number 4101);
., ,6. Government Regulation Number 64 in 2001 about the transfer of the position, duties and authorities of the Minister of finance in the company of the company (PERSERO), Public Company (PUBLIC CORPORATION) and the company (AGREEMENT) to the Office of Minister of State owned enterprises (State Gazette of the Republic of Indonesia Number 117 in 2001, an additional Sheet country number 4137);
DECIDED:.,, set: GOVERNMENT REGULATIONS ABOUT the ADDITION of EQUITY CAPITAL of the REPUBLIC of INDONESIA in the COMPANY'S SHARE CAPITAL of the COMPANY (PERSERO) PT ASURANSI JIWASRAYA.
CHAPTER I the ADDITION of EQUITY CAPITAL article 1 the Republic of Indonesia increased its investment capital into the company's share capital of the company (PERSERO) PT Asuransi Jiwasraya founded based on the Government Regulation Number 33 in 1972.

Article 2, (1) the addition of equity capital of the country referred to in article 1 coming from a portion of the difference in valuation (revaluation) fixed assets the company conducted in 1999.
.,, (2) the value of the addition of equity capital of the country referred to in paragraph (1) was Rp RP 200.000.000.000 (two hundred billion rupiah).
Article 3 with the addition of State capital investment as stipulated in article 2, then the total number of State capital investment into the company's share capital of the company (PERSERO) PT Asuransi Jiwasraya from initially Rp 35.000.000.000 RP (thirty-five billion rupiah) increased to Rp RP 235.000.000.000 (two hundred and thirty-five billion rupiah).

CHAPTER II IMPLEMENTATION of the ADDITION of EQUITY CAPITAL article 4 the implementation of State capital participation in addition Company (PERSERO) PT Asuransi Jiwasraya as referred to in article 1 is carried out by law No. 1 year 1995 having regard to the provisions contained in Government Regulation No. 12 of 1998 as amended by the Government Regulation Number 45 in 2001, and the Government Regulation Number 64 in 2001 , as well as the provisions of other legislation in force.

CHAPTER III the CLOSING PROVISIONS article 5 further Provisions necessary for the implementation of this Regulation, regulated by the Minister of finance and Minister of State-owned enterprises either collectively or individually in accordance with the scope of the duties and authorities of the respective article 6 this Regulation comes into force on the date of promulgation.

So that everyone knows that this Government Regulatory enactment ordered by its placement in the State Gazette of the Republic of Indonesia.

.,, Set in Jakarta on March 6, 2003 the PRESIDENT of the Republic of INDONESIA, MEGAWATI SUKARNOPUTRI Enacted in Jakarta on March 6, 2003 SECRETARY of STATE of the REPUBLIC of INDONESIA, BAMBANG KESOWO