Government Regulation Number 28 Of 1991

Original Language Title: Peraturan Pemerintah Nomor 28 Tahun 1991

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c4ee72b3580b831313231373239.html

PP 28-1991 Text copy _?.
Back COUNTRY SHEET Republic of INDONESIA No. 36, 1991 (the industry. THE INCLUSION OF CAPITAL. PERSERO. State Enterprises. Pt. Kraft Paper Cilacap. Pt. Blabak. GOVERNMENT REGULATION of the REPUBLIC of INDONESIA) NUMBER 28 in 1991 ABOUT the DISSOLUTION of the COMPANY the COMPANY (PERSERO) PT PAPER CRAFTS CILACAP and INCREASED ITS INVESTMENT in the COUNTRY'S CAPITAL that COMES FROM a PORTION of the WEALTH of the STATE COMPANY'S LIQUIDATION of the COMPANY (PERSERO) PT PAPER CRAFTS CILACAP into SHARES of the COMPANY the COMPANY (PERSERO) PT BLABAK PRESIDENT REPUBLIC of INDONESIA,.,, Considering: a. that based on the research results over the wealth of the company the company (PERSERO) PT Kraft paper Cilacap founded based on Government Regulation No. 2 1982 turned out to be untenable survival pengusahaannya , so it is seen necessary to dissolve the Company (PERSERO).
.,, b. that to further improve and develop the company's business activities of the company (PERSERO) PT Blabak, needs to increase its investment in the country's capital of the Republic of Indonesia into the share capital of the company by the company (PERSERO) which is derived from a portion of the wealth of the State company's liquidation of the company (PERSERO) PT Kraft paper Cilacap;
.,, c. that in connection with the dissolution of the company the company (PERSERO) PT Kraft paper Cilacap and additions include the State capital into the company's share capital of the company (PERSERO) PT Blabak, needs to be established by regulation of the Government;
.,, Considering: 1. Article 5 paragraph (2) of the Constitution 1945 2. The book of law commercial law (Staatsblad Year 1847 the number 23) as has been modified several times, the last by Act No. 4 of 1971 (the 1971 State Gazette Number 20, additional Sheets State number 2959);
., ,3. Act No. 9 of 1969 concerning the determination of the Government regulation of a replacement law number 1 Year 1969 about State Business Forms (State Gazette number 16 in 1969, State Gazette Supplementary Number 2890) into law (State Gazette Number 40 in 1969, State Gazette Supplementary Number 2809);
., ,4. Government Regulation number 12 in 1969 about the company Company (PERSERO) (State Gazette Number 21 in 1969, State Gazette Supplementary Number 2894) as amended by the Government Regulation Number 24 of 1972 (State Gazette Number 32 Year, additional State Gazette Number 2987);
., ,5. Government Regulation number 3 in 1983 about The coaching and Supervision Division, Company (AGREEMENT), a public Company (PUBLIC CORPORATION) and the company (PERSERO) (State Gazette number 3 in 1983, an additional State Gazette Number 3246) as amended by the Government Regulation Number 28 in 1983 (1983, State Gazette Number 37);
., ,6. Government Regulation number 11 in 1991 about the transfer of State enterprises Form Blabak Company Company (PERSERO) (State Gazette No. 14 of 1991);
DECIDED:.,, set: GOVERNMENT REGULATION of the REPUBLIC of INDONESIA CONCERNING the DISSOLUTION of the COMPANY the COMPANY (PERSERO) PT KRAFT PAPER CILACAP and INCREASED ITS INVESTMENT in the COUNTRY'S CAPITAL that COMES FROM a PORTION of the WEALTH of the STATE COMPANY'S LIQUIDATION of the COMPANY (PERSERO) PT KRAFT PAPER CILACAP into the SHARE CAPITAL of the COMPANY by the COMPANY (PERSERO) PT BLABAK.
Article 1 Accounting since the enactment of government regulation of this Company (PERSERO) PT Kraft paper Cilacap founded based on Government Regulation No. 2 of 1981 was dissolved.

Article 2 implementation of liquidation in order the dissolution as referred to in article 1 is carried out by the Minister of finance and Minister of industry based on the provisions of the applicable legislation.

Section 3.,, (1) all of the company's Company (PERSERO) PT Kraft paper Cilacap as referred to in article 1 after the liquidation of the country's wealth is being held.
.,, (2) a portion of the wealth of the country's top Corporate liquidation proceeds of the company (PERSERO) as referred to in article 1 in the form of machinery and equipment repair shop as the addition of equity capital of the Republic of Indonesia into the share capital of the company by the company (PERSERO) PT Blabak.
.,, (3) the rest of the country's wealth of liquidation upon Enterprise Company (PERSERO) as referred to in article 1, the sale and the proceeds remitted to the Office of the State Treasury as an acceptance of the State.
.,, (4) the value of the wealth of the country that will serve as the addition of the Republic of Indonesia capital investment into the company's share capital of the company (PERSERO) PT Blabak referred to in subsection (2), established by the Minister of Finance on the basis of calculations carried out jointly by the Ministry of industry and the Ministry of finance.
Article 4 implementation of the additions include the State capital into the company's share capital of the company (PERSERO) as stipulated in article 3 paragraph (2) was performed according to the provisions of the book of law commercial law (Staatsblad Year 1847 the number 23) as has been modified several times, the last by Act No. 4 of 1971 by observing the conditions as stipulated in Government Regulation No. 12 in 1969 as amended by government regulation Number 24 in 1972.

Article 5 implementation of the provisions referred to in article 3 paragraph (2) delegated with the right of substitution by the Minister of finance to the Minister of industry in accordance with the provisions as stipulated in Government Regulation No. 12 in 1969 as amended by government regulation Number 24 in 1972.

Article 6 With dilikuidasinya Company (PERSERO) PT Kraft paper Cilacap, Government Regulation number 2 in 1982 stated does not apply.

Article 7 further Provisions necessary for the implementation of this Regulation is governed by the Minister of industry and Minister of finance, either jointly or singly in accordance with their respective field of duty.

Article 8 this Regulation comes into force on the date of promulgation.

In order to make everyone aware of it, ordered the enactment of this Regulation with its placement in the State Gazette of the Republic of Indonesia.

.,, Set in Jakarta on May 13, 1991 the PRESIDENT of the REPUBLIC of INDONESIA SOEHARTO Promulgated in Jakarta on May 13, 1991, the MINISTER/STATE SECRETARY MOERDIONO of INDONESIA