Government Regulation No. 14 Of 1991

Original Language Title: Peraturan Pemerintah Nomor 14 Tahun 1991

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c4e9981db808bc0313231353139.html

PP 14-1991 Text copy _?.
Back COUNTRY SHEET Republic of INDONESIA No. 18, 1991 (TRANSPORTATION. THE INCLUSION OF CAPITAL. PERSERO. Flight. Stocks. Air. Garuda Indonesia. the GOVERNMENT of the REPUBLIC of INDONESIA) Regulations No. 14 of 1991 CONCERNING the ADDITION of EQUITY CAPITAL of the REPUBLIC of INDONESIA in the COMPANY'S CAPITAL COMPANY PT (PERSERO) GARUDA INDONESIA AIRLINES PRESIDENT REPUBLIC of INDONESIA,.,, Considering: a. that to further improve and develop the company's business activities of the company (PERSERO) PT Garuda Indonesia Airlines, viewed needs to do the addition of equity capital of the Republic of Indonesia into the share capital of the company by the company (PERSERO);
.,, b. 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 Constitution of 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 (1972 State Gazette Number Sheet 32, additional State number 2987);
., ,5. Government Regulation Number 67 in 1971 about the transfer of State enterprises Form (PN) Nexus air "Garuda Indonesia Airways" became the company's Company (PERSERO) (State Gazette Number 87 of 1971);
., ,6. Government Regulation number 3 in 1983 about The coaching and Supervision Division, Company (AGREEMENT), a public Company (PUBLIC CORPORATION), and the company's Enterprise (PE. RSERO) (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 CONCERNING the ADDITION of EQUITY CAPITAL of the REPUBLIC of INDONESIA in the SHARE CAPITAL of the COMPANY by the COMPANY PT (PERSERO) GARUDA INDONESIA AIRLINES.
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 Garuda Indonesia Airlines, which was established based on the Government Regulation Number 67 in 1971.

Article 2 the addition of equity capital of the country as stipulated in article 1 of Rp 848.797.724.247, 06 (eight hundred and forty-eight billion seven hundred ninety-seven million seven hundred twenty-four thousand two hundred forty-seven dollars and twenty cents) with details as follows:.,, 1. Development funds Universe Rp RP 5.636.956.000 (five billion six hundred thirty-six million nine hundred fifty-six thousand rupiah);
., ,2. The procurement of the aircraft (two DC-10s and 3 DC-9) as well as spare parts amounted to Rp 38.369.367.053.64 (thirty-eight billion three hundred and sixty nine million three hundred and sixty-seven thousand thirty-five rupiah sixty-four cents);
., ,3. The wealth of the company ex Company (PERSERO) PT Merpati Nusantara Airlines amounting to Rp 32.531.045.153, 09 (thirty-two billion five hundred and thirty-one million forty five thousand one hundred fifty-three dollars to nine cents);
., ,4. The building at Jalan Supomo Jakarta, Nusa Dua Hotel Bali, payment of debt and interest, the procurement of the aircraft (the F-27 4/600) and penunjangnya facilities as well as facilities maintenance inventory purchase Garuda amounting to Rp 356.003.237.225, 47 (three hundred fifty-six billion three million two hundred thirty-seven thousand two hundred twenty-five dollars forty-seven cents);
., ,5. Revaluation Intangible Assets amounting to Rp RP 416.257.118.815 (four hundred and sixteen billion two hundred and fifty-seven million one hundred and eighteen thousand eight hundred fifteen dollars).
CHAPTER II IMPLEMENTATION of the ADDITION of EQUITY CAPITAL article 3 execution of the addition of the Republic of Indonesia capital investment into the company's share capital of the company (PERSERO) PT Garuda Indonesia Airlines as referred to 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, having regard to the provisions contained in Government Regulation No. 12 in 1969 as amended by government regulation Number 24 in 1972.

CHAPTER III the CLOSING PROVISIONS article 4 further Provisions necessary for the implementation of this Regulation is governed by the Minister of finance and Minister of transportation, either jointly or singly in accordance with their respective field of duty.

Article 5 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 February 25, 1991 the PRESIDENT of the REPUBLIC of INDONESIA SOEHARTO Promulgated in Jakarta on 25 July 1991 the MINISTER/STATE SECRETARY MOERDIONO of INDONESIA