Government Regulation Number 11 1990

Original Language Title: Peraturan Pemerintah Nomor 11 Tahun 1990

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c4e83edea5097aa313231343433.html

PP 11-1990 Text copy _?.
Back COUNTRY SHEET REPUBLIC of INDONESIA No. 15, 1990 (ITS INVESTMENT capital. PERSERO. Agriculture. Fisheries. State Enterprises. Government Regulation No. 4 of 1972. GOVERNMENT REGULATION of the REPUBLIC of INDONESIA) number 11 in 1990 ABOUT the DISSOLUTION of the COMPANY the COMPANY (PERSERO) PT KARYA MINA and INCREASED ITS INVESTMENT in the COUNTRY'S CAPITAL that COMES FROM the WEALTH of the STATE COMPANY'S LIQUIDATION of the COMPANY (PERSERO) PT MINA WORKS into the SHARE CAPITAL of the COMPANY by the COMPANY (PERSERO) PT KARYA INDONESIAN PRESIDENT MINA,.,, Considering: a. that based on the research results over the feasibility of the company the company (PERSERO) PT Mina Works established by Government Regulation No. 4 of 1972 was not tenable livelihoods 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 Tirta Raya Mina, deemed it necessary to increase the participation of the Republic of Indonesia capital into the company's share capital of the company (PERSERO) PT Tirta Raya Mina;
.,, c. that the entire wealth of the country that are embedded in the company's Corporate dalun (PERSERO) PT Mina Works can be redirected into the addition of capital investment of the Republic of Indonesia into the share capital of the company by the company. (PERSERO) Pt. Tirta Raya Mina;
., d., that with respect to the above matters, the dissolution of the company the company (PERSERO) PT work of Mina and the addition of equity capital Repubhk Country Indonesia into the share capital of the company by the company (PERSERO) PT Tirta Raya Mina need to set 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, an additional Sheet Nome of Number 2894) as amended by the Government Regulation Number 24 of 1972 (State Gazette Number 32 in 1972, an additional Sheet Number 1897);
., ,5. Government Regulation number 30 in 1974 about the inclusion of the capital of the Republic of Indonesia For the founding of the company by the company in the field of fisheries in Pekalongan (Central Java) (State Gazette number 41 of 1974);
., ,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);
DECIDED:.,, set: GOVERNMENT REGULATION of the REPUBLIC of INDONESIA CONCERNING the DISSOLUTION of the COMPANY the COMPANY (PERSERO) PT KARYA MINA and INCREASED ITS INVESTMENT in the COUNTRY'S CAPITAL that COMES FROM the WEALTH of the STATE COMPANY'S LIQUIDATION of the COMPANY (PERSERO) PT MINA WORKS into the SHARE CAPITAL of the COMPANY by the COMPANY (PERSERO) PT TIRTA RAYA MINA.
Article 1 Accounting since the enactment of government regulation of this Company (PERSERO) PT Mina Works which was established based on Government Regulation No. 4 of 1972 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 agriculture based on the provisions of the applicable legislation.

Section 3.,, (1) all of the company's Company (PERSERO) PT Mina Work referred to in article 1 after the liquidation of the country's wealth is being held.
.,, (2) All the wealth of the country's top Corporate liquidation proceeds of the company (PERSERO) as mentioned in paragraph (1), serve as the addition of State capital investment into the company's share capital of the company (PERSERO) PT Tirta Raya Mina.
.,, (3) the value of the wealth of the country that will serve as the addition of a State capital investment into the company's share capital of the company (PERSERO) PT Tirta Raya Mina as mentioned in subsection (2), established by the Minister of finance.
Article 4 implementation of the additions include the State capital into the company's share capital of the company (PERSERO) referred to article 3 was 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 referred to in the Government Regulation Number 24 in 1972.

Article 5 implementation of the provisions referred to in article 3 delegated with the right of substitution by the Minister of finance to Minister of agriculture in accordance with provisions as stipulated in Government Regulation No. 12 in 1969.

Article 6 With dilikuidasinya Company (PERSERO) PT Karya Mina, Government Regulation No. 4 of 1972 stated does not apply.

Article 7 further Provisions necessary for the implementation of this Regulation is governed by the Minister of agriculture 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 23 April 1990 the PRESIDENT of the REPUBLIC of INDONESIA SOEHARTO Promulgated in Jakarta on 23 April 1990 the MINISTER/STATE SECRETARY MOERDIONO of INDONESIA