Government Regulation Number 7 In 1980

Original Language Title: Peraturan Pemerintah Nomor 7 Tahun 1980

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c4e60b5e1408ee8313231333434.html

PP 7-1980 fnHeader (); The text is not in the original format.
Back COUNTRY SHEET Republic of INDONESIA No. 12, 1980 GOVERNMENT REGULATIONS of the REPUBLIC of INDONESIA number 7 in 1980 ABOUT the INCLUSION of the REPUBLIC of INDONESIA CAPITAL for the ESTABLISHMENT of the COMPANY the COMPANY (PERSERO) GARDEN BOROBUDUR and PRAMBANAN, the PRESIDENT of the REPUBLIC of INDONESIA Considering: a. that in order to organise activities for environmental lobbies for Borobudur and Prambanan temples as a Grounds tour, seen the need to establish the company by the company (PERSERO) as referred to in article 2 paragraph (3) of law No. 9 of 1969;
b. that in accordance with the provisions of article 2 paragraph (1) the Government Regulation number 12 in 1969, the country's capital investment in the framework of the establishment of the company the company (PERSERO) should be regulated with a government regulation.
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 (the 1971 State Gazette Number 20, additional Sheets State number 2959);
3. Monumenten Ordonnantie (Staatsblad 1931 Number 238);
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 about the company Company (PERSERO) (State Gazette Number 32 in 1972, an additional Sheet country number 2987).
Decide: define: GOVERNMENT REGULATIONS ABOUT the INCLUSION of the COUNTRY'S CAPITAL for the ESTABLISHMENT of the COMPANY the COMPANY (PERSERO) GARDEN BOROBUDUR and PRAMBANAN.
CHAPTER I article 1 STATE CAPITAL PARTICIPATION of the Republic of Indonesia do inclusion in the company's share capital of the company (PERSERO) Garden Borobudur and Prambanan, hereinafter in this Regulation referred to PERSERO.

CHAPTER II AIMS and OBJECTIVES article 2 and REFINES the intents and purposes referred to in article 1 is to cultivate an environment Borobudur and Prambanan is a line around the perimeter of Borobudur and Prambanan which includes land and buildings on it and all other necessary technical facilities for tourism as the theme parks that its limits are set in accordance with the provisions of the applicable legislation.

CHAPTER III CAPITAL PERSERO article 3 (1) the basic Capital amounts to Rp 10.000.000.000 PERSERO,-(ten billion Rupiahs rupiah) and is divided into shares in accordance with the provisions of article 7 paragraph (1) the Government Regulation number 12 in 1969 jo. Article 1 the Government Regulation Number 24 in 1972.
(2) of the basic capital amount PERSERO referred to in subsection (1), at the time of its founding have been placed by the State of the Republic of Indonesia as well as the increase of Rp. 3.800.000.000,-(three billion Rupiahs eight hundred million rupiah) that comes from the budget of the State Expenditures and Revenues.
(3) any execution of the addition of the remittance over the nominal value of the shares referred to in subsection (2) is designated by the Minister of finance.
(4) to the Provincial level I Areas of Central Java and Yogyakarta is given top priority to do equity capital in PERSERO as referred to in article 1.
(5) other provisions concerning capital PERSERO arranged in Budget basis.
CHAPTER IV IMPLEMENTATION of the ESTABLISHMENT of the implementation of articles 4 and REFINES the inclusion of countries in capital PERSERO 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 it has several times changed and augmented, last by Act No. 4 of 1971, having regard to the provisions contained in Government Regulation No. 12 in 1969 jo. Government Regulation Number 24 in 1972.

Article 5 (1) the implementation of establishment PERSERO as stipulated in article 4 delegated to the Minister of finance in accordance with the provisions of article 3 the Government Regulation number 12 in 1969.
(2) the Financial Secretary may submit a power referred to in subsection (1) with the right of substitution to the Minister of transport, provided that the draft Statutes PERSERO must have prior approval of the Minister of finance.
(3) to the Minister of transport is given the power to appoint someone to participate established PERSERO as referred to in article 1, in accordance with the provisions of article 6 of Regulation No. 12 in 1969.
Chapter V CLOSING PROVISIONS article 6 things that have not been sufficiently provided for in this Regulation are set individually.

Article 7 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 March 3, 1980 the PRESIDENT of the Republic of INDONESIA.

SUHARTO Enacted in Jakarta on March 3, 1980 the MINISTER/STATE SECRETARY, SUDHARMONO, sh. fnFooter ();