Government Regulation No. 17 Of 1991

Original Language Title: Peraturan Pemerintah Nomor 17 Tahun 1991

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c4ea935c220b510313231353435.html

PP 17-1991 Text copy _?.
Back COUNTRY SHEET REPUBLIC of INDONESIA No. 23, 1991 (PERSERO. The PUBLIC CORPORATION. State Enterprises. Dahana. the GOVERNMENT of the REPUBLIC of INDONESIA) Regulations No. 17 of 1991 on the TRANSFER FORM PUBLIC COMPANY (PUBLIC CORPORATION), WEST of the COMPANY'S COMPANY (PERSERO) PRESIDENT of the REPUBLIC of INDONESIA,.,, Considering: a. that the efforts in order to improve the efficiency and effectiveness of the endeavor, then Public Company (PUBLIC CORPORATION), West established by government regulation Number 36 in 1973 was judged eligible for redirected its shape to become the company's Company (PERSERO);
.,, b. that with respect to such matters, general corporate form diversion (PERUM), West of the company's company (PERSEO), needs to be established by regulation of the Government;
.,, Considering: 1. Article 5 paragraph (2) of the Constitution of 1945;
., ,2. The book of law commercial law (Staatsblad Tahuni 1847 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 became 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 (1972 State Gazette Number Sheet 32, additional State 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);
DECIDED:.,, set: GOVERNMENT REGULATION of the REPUBLIC of INDONESIA on the TRANSFER FORM PUBLIC COMPANY (PUBLIC CORPORATION), WEST of the COMPANY'S COMPANY (PERSERO).
CHAPTER I the TRANSFER FORM and DISSOLUTION article 1.,, (1) a public Company (PUBLIC CORPORATION), West established by government regulation Number 36 in 1973 to become the company's Corporate transitioned its shape (PERSERO) as stipulated in Act No. 9 of 1969.
.,, (2) and dialihkannya form Public Company (PUBLIC CORPORATION), West of the company's company (PERSERO) as mentioned in paragraph (1), a public Company (PUBLIC CORPORATION), West declared disbanded on the company when the company (PERSERO), provided that all rights and obligations, as well as general corporate employee wealth (PERUM), West of the existing at the time of its dissolution, switched to the company by the company (PERSERO) is concerned.
CHAPTER II AIMS and OBJECTIVES article 2, (1) the company's goals and purpose of the company (PERSERO) as referred to in article 1 is to organize the efforts as the berkut:.,, a. manufacture of explosives;

b. market the results of production;., c., services in the field of research related to explosives and similar with it;
.,, d. other efforts that can support the efforts referred to in letter a and letter b, letter c.
.,, (2) the efforts referred to in subsection (1) is done with regard for the provisions of the legislation remain in force.
CHAPTER III CAPITAL PERSERO, article 3, (1) the corporate Capital of the company (PERSERO) which are placed and disertor at the time of its founding comes from the wealth of a country that is embedded in a Public Company (PUBLIC CORPORATION) Dahana.
.,, (2) the value of the wealth of the country referred to in subsection (1) is designated by the Minister of finance based on the results of the calculations together with the Ministry of finance and the Agency's Strategic Industry Manager.
.,, (3) other provisions concerning Corporate capital of the company (PERSERO) is set in the budget, including provisions regarding authorized capital PERSERO which is divided into shares in accordance with the provisions of Regulation No. 12 in 1969 as amended by government regulation Number 24 in 1972.
.,, (4) the opening balance sheet of the company the company (PERSERO) established by the Minister of finance.
CHAPTER IV IMPLEMENTATION of the FOUNDING PERSERO article 4 implementation of the establishment of the company the company (PERSRO) as stipulated in article 1 is carried out 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 provisions stated in Government Regulation No. 12 in 1969 as amended by government regulation Number 24 in 1972.

Article 5, (1) the completion of the establishment of the company the company (PERSERO) as referred to in article 4 delegated to the Minister of finance,.,, (2) the Financial Secretary may submit a power referred to in subsection (1) with the right of substitution to the Minister of research and technology/Chairman of the Agency's Strategic Industry Manager, provided that the draft articles of Association of the company the company (PERSERO) must have the prior approval of the Minister of finance.
Chapter V CLOSING PROVISIONS article 6 accounts for the company since its foundation the company (PERSERO) and dibubarkannya Company (PERUM), Dahana, government regulation Number 36 in 1973 stated does not apply.

Article 7 further Provisions necessary for the implementation of this Regulation is governed by the Minister of finance and Minister of research and technology/Chairman of the Agency's Strategic Industry Manager, 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 9 March 1991 the PRESIDENT of the REPUBLIC of INDONESIA SOEHARTO Promulgated in Jakarta on 9 March 1991, MINISTER/STATE SECRETARY MOERDIONO of INDONESIA