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Government Regulation Number 7 In 1980

Original Language Title: Peraturan Pemerintah Nomor 7 Tahun 1980

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SHEET COUNTRY
REPUBLIC OF INDONESIA

No. 12, 1980

GOVERNMENT REGULATION OF THE REPUBLIC OF INDONESIA
NUMBER 7 OF 1980
ABOUT
INDONESIA ' S STATE CAPITAL INCLUSION
FOR THE ESTABLISHMENT OF THE COMPANY PERSEROAN (PERSERO)
BOROBUDUR AND PRAMBANAN TEMPLE TOURIST PARK

PRESIDENT OF THE REPUBLIC OF INDONESIA,

Weigh: a. that in order to establish the activities of the Borobudur and Prambanan temples as a Garden of Wisata, it is considered necessary to establish a Perseroan Company (PERSERO) as referred to in Article 2 of the paragraph (3) Law Number 9 Year 1969;
B. that in accordance with the provisions of Article 2 paragraph (1) of the Government Regulation No. 12 of 1969, the inclusion of the State capital in the framework of such Perseroan Company (PERSERO) must be governed by the Government Regulation.

Remembering: 1. Section 5 of the paragraph (2) of the Basic Law of 1945;
2. The Code of Trade Law (Staatsblad of 1847 Number 23) as has been several times amended and supplementary, last with Law No. 4 of 1971 (State Sheet of 1971 Number 20, Additional Gazette number 2959);
3. Monumenten Ordonnantie (Staatsblad of 1931 Number 238);
4. Code Number 9 Year 1969 on Establishing The Replacement Government Ordinance Number 1 1969 (1969 State Gazette Number 16, Extra State Sheet 2890) on the Forms of State Effort (State Gazette 1969 Number 40, Additional Gazette Number 2904);
5. Government Regulation No. 12 Year 1969 about the Company Perseroan (PERSERO) (State Gazette 1969 Number 21, Additional Gazette State Number 2894) jo. Government Regulation No. 24 of 1972 on Changes to the provisions of Article 7 of the Government Regulation of 1969 Number 12 on the Company Perseroan (PERSERO) (State Sheet of 1972 Number 32, Additional Gazette number 2987).

DECIDED:

SET: GOVERNMENT REGULATION ON THE INCLUSION OF STATE CAPITAL FOR THE ESTABLISHMENT OF THE PERSEROAN COMPANY (PERSERO) TOURIST PARK OF BOROBUDUR AND PRAMBANAN TEMPLES.

BAB I
THE COUNTRY ' S CAPITAL INCLUSION

Section 1
The State of the Republic of Indonesia conducts its inclusion in the stock capital of the Perseroan Company (PERSERO) Sightseeing Park of Borobudur and Prambanan Temple, which is next in Regulation of the Government called PERSERO.

BAB II
INTENT AND PURPOSE

Section 2
The purpose and purpose of PERSERO as referred to in Article 1 is to work on the environment of Borobudur and Prambanan which is a line around Borobudur and Prambanan which includes the land and the buildings on it as well as the same as the Temple of Borobudur and the Prambanan Temple. All other technical facilities required for the severity of the Wisata Park are the limits set in accordance with the provisions of the applicable laws.

BAB III
PERSERO CAPITAL

Section 3
(1) The base Capital of PERSERO amounts to Rp.10,000,000,000,-(ten milyard rupiah) and is divided over the shares in accordance with the provisions of Article 7 of the paragraph (1) of Government Regulation No. 12 of 1969 jo. Article 1 of Government Regulation No. 24 of 1972.
(2) Of the base capital of PERSERO as referred to in verse (1), at the time of its establishment it has been placed entirely by the state of the Republic of Indonesia as well as the subject of the Rp.3,800,000,000,-(three milyard eight hundred million rupiah) that originated in the United States. from the State Revenue and Shopping Budget.
(3) Any implementation of the addition of a deposit over the nominal value of the shares as referred to in paragraph (2) is set forth by the Minister of Finance.
(4) To the Propinsi Region Level I Central Java and the Special Region of Yogyakarta are given the top priority for the inclusion of capital in PERSERO as referred to in Article 1.
(5) Other provisions of PERSERO ' s application are set up in its Base Budget.

BAB IV
THE IMPLEMENTATION OF THE PERSERO ESTABLISHMENT

Section 4
The implementation of the State inclusion in the capital of PERSERO as referred to in Article 1 is done according to the provisions of the Code of Trade Law (Staatsblad Year 1847 Number 23) as it has been changed several times and plus, last with the Law No. 4 of 1971, with regard to the provisions set forth in Government Regulation No. 12 of the year 1969 jo. Government Regulation No. 24 of 1972.

Section 5
(1) The implementation of the establishment of PERSERO as referred to in Article 4 is used to the Minister of Finance in accordance with the provisions of Article 3 of the Government Regulation No. 12 of 1969.
(2) The Minister of Finance may hand over power as referred to in paragraph (1) with the accompanying substitution right to the Minister of Transportation, provided that the Basic Budget Plan of PERSERO should be granted approval first of the Minister of Finance.
(3) To the Minister of Transportation is given the power to appoint a person to participate in the establishment of PERSERO as referred to in Article 1, pursuant to the provisions of Article 6 of the Government Regulation No. 12 of 1969.

BAB V
CLOSING PROVISIONS

Section 6
Things that are not quite set up in this Government Regulation are regulated in its own terms.

Section 7
This Government Regulation shall come into effect on the date of the promulctest.

In order for everyone to know, order the invitational of this Government Regulation with its placement in the State Sheet of the Republic of Indonesia.

Set in Jakarta
on March 3, 1980
PRESIDENT OF THE REPUBLIC OF INDONESIA.

SUHARTO
Promulgated in Jakarta
on March 3, 1980
MENTERI/SECRETARY OF STATE
REPUBLIC OF INDONESIA,

SUDHARMONO, SH