Government Regulation Number 24 1990

Original Language Title: Peraturan Pemerintah Nomor 24 Tahun 1990

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now

Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c4ed553f3909c08313231363539.html

PP 24-1990 Text copy _?.
Back COUNTRY SHEET REPUBLIC of INDONESIA No. 28, 1990 (ITS INVESTMENT capital. NEXUS. PERSERO. State Enterprises. Infrastructure. Stocks. GOVERNMENT REGULATION of the REPUBLIC of INDONESIA) NUMBER 24 in 1990 ABOUT the ADDITION of EQUITY CAPITAL of the REPUBLIC of INDONESIA in the COMPANY'S SHARE CAPITAL of the COMPANY (PERSERO) PT JASA MARGA, the PRESIDENT of the REPUBLIC of INDONESIA, Considering: a. that to further improve and develop the company's business activities of the company (PERSERO) PT Jasa Marga, viewed the need to increase the participation of the Republic of Indonesia capital into the company's share capital of the company (PERSERO);
.,, b. that the wealth of the country in the form of the value of the toll road section of Belawan-Medan-Tanjung Morawa, who at this time was under the management of the Ministry of public works, can be set up to provide additional equity capital of the Republic of Indonesia into the company's Corporate capital (PERSERO) PT Jasa Marga;
.,, 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 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. Additional Sheet country 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 No. 4 of 1978 on the inclusion of the capital of the Republic of Indonesia in the founding of the company by the company (PERSERO) for the management, maintenance and procurement of toll Networks, as well as the provisions of Pengusahaannya (State Gazette No. 4 of 1978);
., ,6. Government Regulation number 3 in 1983 about The coaching and Supervision Division, Company (AGREEMENT), a public Company (PUBLIC CORPORATION), and the company 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);
., ,7. Government Regulation No. 8 of 1990 on the highway (State Gazette No. 12 of 1990, an additional Sheet country number 3405);
DECIDED:.,, set: GOVERNMENT REGULATION of the REPUBLIC of INDONESIA CONCERNING the ADDITION of EQUITY CAPITAL of the REPUBLIC of INDONESIA in the COMPANY'S SHARE CAPITAL of the COMPANY (PERSERO) PT JASA MARGA.
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 Jasa Marga was established based on Government Regulation No. 4 of 1978.

Article 2, (1) the addition of equity capital of the Republic of Indonesia as referred to in article 1 coming from the Country's wealth at this time was under the management of the Directorate-General of Bina Marga Ministry of public works, such as the value of the toll road section of Belawan-Medan-Tanjung Morawa.
.,, (2) the magnitude of the value addition of equity capital of the Republic of Indonesia into the share capital of the company by the company (PERSERO) PT Jasa Marga is referred to in subsection (1) is designated by the Minister of finance based on calculations performed together the Department of public works and the Ministry of finance.
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 Jasa Marga 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 by observing the provisions stated 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 public works, 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 June 15, 1990, the PRESIDENT of the REPUBLIC of INDONESIA SOEHARTO Promulgated in Jakarta on June 15, 1990, the MINISTER/STATE SECRETARY MOERDIONO of INDONESIA