Government Regulation No. 10 Of 1981

Original Language Title: Peraturan Pemerintah Nomor 10 Tahun 1981

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c4e7f95d2d0a6e7313231343335.html

PP 10-1981 fnHeader (); The text is not in the original format.
Back COUNTRY SHEET Republic of INDONESIA No. 12, 1981 REGULATIONS of the GOVERNMENT of the REPUBLIC of INDONESIA number 10 in 1981 ABOUT the INCLUSION of the REPUBLIC of INDONESIA CAPITAL for the ESTABLISHMENT of the COMPANY the COMPANY (PERSERO) in the AREAS of SUGAR PRODUCTION, the PRESIDENT of the REPUBLIC of INDONESIA Considering: a. that in order to support the development of the national economy by increasing the production of specific agricultural sector sugar production, and improve the management of State Plantation companies in the areas of sugar production , viewed the need to form a Company (PERSERO) which sought in the areas of sugar production b. that the inclusion of the capital of the Republic of Indonesia for the establishment of the company the company (PERSERO) in letter a above, comes from the wealth of the country that are embedded in the company's Country Estate XIV established based on Government Regulation No. 14 in 1968, and Jatitujuh Sugar Project that originally separated the company's Company to be based on Government Regulation No. 17 of 1979 , as well as most plantation acreage PT. Plantations located in the XXX Earrings;
c. that in accordance with the provisions of article 2 paragraph (1) the Government Regulation number 12 in 1969, the inclusion of capital of the Republic of Indonesia in the framework of the establishment of an Enterprise Company (PERSERO) set by government regulations.
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 augmented, last by 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. 19 Prp. In 1960 about the company the State (State Gazette 1960, an additional 59 Sheet Number country number 1989), 4. 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), 5. 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 of regulation of the Government No. 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), 6. Government Regulation number 6 in 1971 about the granting of Tax Concessions Against State enterprises that redirected his efforts into a form of Company Office and the company's Company (State Gazette of 1971 number 6, an additional Sheet country number 2953).
Decide: define: GOVERNMENT REGULATION of the REPUBLIC of INDONESIA CAPITAL INVESTMENT for the ESTABLISHMENT of the COMPANY the COMPANY (PERSERO) in the AREAS of SUGAR PRODUCTION.
CHAPTER I article 1 STATE CAPITAL PARTICIPATION of the Republic of Indonesia do participation in capital of an enterprise of the company (PERSERO) in the areas of sugar production.

CHAPTER II AIMS and OBJECTIVES article 2 purpose and objectives of the company by the company (PERSERO) as referred to in article 1, hereinafter referred to as PERSERO, is to promote and develop the sugar industry and to improve the results of sugar production in order to support the development of the national economy.

CHAPTER III CAPITAL PERSERO article 3 (1) Capital PERSERO divided into shares in accordance with the provisions of article 1 the Government Regulation Number 24 of 1972 which is the wealth of the country separated.
(2) Capital PERSERO placed and deposited at the time of its establishment it entirely is the inclusion of the Republic of Indonesia as the Country's wealth is separated and is derived from the value of all the wealth of the country that are embedded in the company's Country Estate at the time of its dissolution and the XIV the value of all the wealth of the country that are embedded in the project Jatitujuh Sugar, as well as the value of the most acreage PT. Plantations located in the XXX Earrings;
(3) the determination of the value of the wealth on paragraph (1) as it will be used as the country's participation in the capital and REFINES the set by the Minister of finance based on the results of the calculations by the Department of finance and the Ministry of agriculture.
(4) other provisions concerning capital PERSERO set in the budget. (5) the opening balance sheet and REFINES the set by the Minister of finance.

CHAPTER IV IMPLEMENTATION of the ESTABLISHMENT of the implementation of article 4 of the founding SIER SIER is carried out according to the provisions of the book of law commercial law (Staatsblad Year 1847 the number 23) as it has several times changed and supplemented with Act No. 4 of 1971 with the notice provisions set forth in a Government Regulation number 12 in 1969 jo. Government Regulation Number 24 in 1972.

Article 5 (1) completion of the establishment of delegated to the Minister of finance and REFINES in accordance with the provisions referred to in article 3 of Regulation No. 12 in 1969.
(2) the Financial Secretary may submit the power in paragraph (1) with the right of substitution to the Secretary of Agriculture with provisions that the draft Statutes PERSERO must have prior approval of the Minister of finance.
(3) to the Minister of agriculture was given the power to appoint someone to participate established PERSERO, compliance with the provisions set forth in article 6 of Regulation No. 12 in 1969.
Chapter V DISSOLUTION article 6 (1) State enterprises established by the XIV Plantation Government Regulation number 14 in 1968 was declared dissolved at the time of the founding of PERSERO provided that all rights and obligations as well as the wealth of the country's Plantations Company XIV that existed at the time of its dissolution it switched to PERSERO.
(2) as likwidatur in the execution of dissolution of the company the country's Plantation Estates XIV referred to in subsection (1) in point a the Committee membership composition consists of representatives of the Ministry of agriculture, the Ministry of finance, State enterprises Plantation Sugar Project XIV, Jatitujuh and other agencies-Agencies as deemed necessary.
(3) the implementation of the establishment, the details of the task, the working times, financing and other matters concerned with the implementation of the Likwidasi Committee on paragraph (2) are governed further by the Minister of agriculture. (4) an endorsement over the likwidatur liability in paragraph (2) was conducted by the Minister of agriculture based on the inspection results Direk, Lorat General Financial State, the Ministry of finance.
CHAPTER VI miscellaneous PROVISIONS article 7 (1) Calculated from the moment of establishment and dissolution of the Company the State REFINES Plantation XIV as referred to in article 6 paragraph (1), then the Government Regulation number 14 in 1968 and all regulations governing their implementation throughout the Country Estates Company XIV declared invalid.
(2) with the establishment of the country's capital investment for the establishment of this Government Regulation REFINES upon, then the Government Regulation Number 45 in 1973 about the transfer of the company's Country Estates Form XIV became the company (PERSERO) Corporate and Government Regulation number 17 in 1979 about the inclusion of capital-the Republic of Indonesia for the establishment of the company the company (PERSERO) in the areas of sugar production were declared invalid.
CHAPTER VII CLOSING PROVISIONS article 8 things that have not been provided for in this Regulation will be further regulated.

Article 9 this Regulation comes into force on the date of promulgation.

So that every one knows it, ordered the enactment of this Regulation with its placement in the State Gazette of the Republic of Indonesia.

Established in Jakarta on April 1, 1981, the PRESIDENT of the REPUBLIC of INDONESIA SOEHARTO Promulgated in Jakarta on April 1, 1981, MINISTER/STATE SECRETARY, SUDHARMONO, sh. fnFooter ();