Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c4e9380bff0ab6b313231353039.html
pp13-1984 fnHeader (); The text is not in the original format.
Back COUNTRY SHEET REPUBLIC of INDONESIA No. 16, 1984 GOVERNMENT REGULATION of the REPUBLIC of INDONESIA number 13 in 1984 ABOUT the SALE of ALL SHARES in a STATE-OWNED COMPANY (PERSERO) PT SEMEN MADURA PRESIDENT of the REPUBLIC of INDONESIA, Considering: a. that the implementation of safeguards in the framework of long-term development of the world economic recession, the Government has taken steps back scheduling projects including the possibility pengalihannya to private parties;
b. that with respect to scheduling the project again, viewed the need to sell all shares in the State-owned Company (PERSERO) PT Semen madurese have been established in the framework of the implementation of the project of construction of the cement factory in the island to private parties who want to continue the construction project;
c. that the sale of seturuh shares of a State-owned Company in Indonesia (PERSERO) PT Semen Madura as stated on the letter b above need to be established by regulation of the Government;
Remember: 1. Article 5 paragraph (2) of the Constitution of 1945;
2. The book of law commercial law (Staatsblad Year 1847 the number 23) as it has several times changed and added the last denpn Act No. 4 of 1971 regarding changes and additions Over the provisions of article 54 of the book law commercial law (Staatsblad Year 1847 the number 23), (State Gazette Number 20 in 1971, an additional Sheet country number 2959);
3. Act No. 9 of 1969 concerning the determination of the Replacement Government Regulations Act No. 1 of 1969 (the 1969 State Gazette number 16, an additional Sheet country number 2890) about State Business forms 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) jo. Government Regulation Number 24 of 1972 concerning changes to the provisions of article 7 the Government Regulation number 12 in 1969 (the 1969 State Gazette Number 21, State Gazette Supplementary Number 2894) about the company Company (PERSERO) (State Gazette Number 32 in 1972, an additional Sheet country number 2987);
5. Government Regulation Number 36 in 1981 about the inclusion of the capital of the Republic of Indonesia for the establishment of the company the company (PERSERO) Dalain Cement Industry (State Gazette Number 52 of 1981);
Decide: define: GOVERNMENT REGULATIONS on the SALE of ALL SHARES in a STATE-OWNED COMPANY (PERSERO) PT SEMEN MADURA.
CHAPTER I SALE of SHARES article 1 the Republic of Indonesia relinquished its share in the company capital investment Company (PERSERO) PT Semen Madura by selling all shares owned in the private parties and REFINES.
CHAPTER II IMPLEMENTATION of the SALES article 2 the Minister of finance and Minister of industry set up to further the implementation of the sale of the company's shares of the company (PERSERO) PT Semen Madura including determination of the sale price of the shares and REFINES the definition of paying attention to the legislation in force.
CHAPTER III the CLOSING PROVISIONS article 3 Commencing from the date of completion of the sale/transfer of shares referred to in article 1, the Government Regulation Number 36 in 1981 about the inclusion of the capital of the Republic of Indonesia for the establishment of the company the company (PERSERO) in the field of cement industry (State Gazette Number 52 in 1981) were declared invalid.
Article 4 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.
Established in Jakarta on 18 May 1984 the PRESIDENT of INDONESIA SOEHARTO Promulgated in Jakarta on 18 May 1984, MINISTER/STATE SECRETARY, SUDHARMONO, S.H.
Search Translated Laws of Indonesia