Government Regulation Number 20 In 1992

Original Language Title: Peraturan Pemerintah Nomor 20 Tahun 1992

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PP 20-1992 Text copy _?.
Back COUNTRY SHEET REPUBLIC of INDONESIA No. 40, 1992 (the BANK. FINEK. PERSERO. BANK DAGANG NEGARA (BDN). GOVERNMENT REGULATION of the REPUBLIC of INDONESIA) NUMBER 20 in 1992 ABOUT the ADJUSTMENT of LEGAL FORMS of the STATE BE COMPANY TRADE BANK COMPANY (PERSERO) PRESIDENT of the REPUBLIC of INDONESIA,.,, Considering: a. that based on Act No. 7 of 1992 about banking, Bank Dagang Negara should be adjusted form the law with one of the legal forms referred to in the legislation;
.,, b. that the next legal forms deemed proper for the Bank Dagang Negara is a company of the company (PERSERO) as stipulated in Act No. 9 of 1969 and the Government Regulation number 12 in 1969 as amended with the Government Regulation Number 24 of 1972;
.,, c. that with respect to the above matters, the adjustment of Trade Bank law form the country becoming the company's Company (PERSERO), needs to be established 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. Act No. 7 of 1992 about banking (State Gazette Number 31 in 1992, an additional Sheet country number 3472);
., ,5. Government Regulation number 12 in 1969 about the company Company (PERSERO) (State Gazette Number 21 in 1969, State Gazette Supplementary Number 2894) as amended by the Government Regulation Number 24 of 1972 (1972 State Gazette Number Sheet 32, additional State number 2987);
., ,6. Government Regulation number 3 in 1983 about The coaching and Supervision Division, Company (AGREEMENT), a public Company (PUBLIC CORPORATION) and 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 ADJUSTMENT of the LEGAL FORMS of the STATE BE COMPANY TRADE BANK COMPANY (PERSERO).
CHAPTER i. ADJUSTMENT of LEGAL FORMS and DISSOLUTION article 1.,, (1) Bank of Commerce State established by Act No. 18 of the 1968 ruling form the adjusted Company (PERSERO) as stipulated in Act No. 9 of 1969 and the Government Regulation number 12 in 1969 as amended by government regulation Number 24 in 1972.
.,, (2) with the specifications of the State Bank of commerce legal forms Company Company (PERSERO) as mentioned in paragraph (1), based on Act No. 7 of 1992 about banking, Bank Dagang Negara was declared dissolved at the time of establishment of the company the company (PERSERO) with the provision that all rights and obligations, as well as the wealth of Trade Bank employees state that existed at the time the company goes to the dissolution of the company (PERSERO) is concerned.
CHAPTER II AIMS and OBJECTIVES article 2 purpose and objectives of the company by the company (PERSERO) as referred to in article 1 is to: a. Efforts in the field of banking in the sense that the existence of;

b. other efforts that support the business activities of the letter a.

CHAPTER III CAPITAL PERSERO, article 3, (1) the corporate Capital of the company (PERSERO) which are placed and deposited at the time of its founding comes from the wealth of the country that are embedded in the Bank Dagang Negara and/or other wealth in accordance with the applicable provisions.
.,, (2) the value of the wealth of the country referred to in subsection (1) is designated by the Minister of finance based on the results of the calculations carried out by the Ministry of finance.
.,, (3) other provisions concerning Corporate capital of the company (PERSERO) is set in the budget, including the provisions on the company's authorized capital of the company (PERSERO) which is divided into shares in accordance with the provisions of Regulation No. 12 in 1969 as amended by government regulation Number 24 in 1972.
.,, (4) the balance sheet and the closing balance sheet-Trade Bank Liquidation of State as well as the opening balance sheet of the company the company (PERSERO) established by the Minister of finance.
CHAPTER IV IMPLEMENTATION of the FOUNDING PERSERO article 4 implementation of the establishment of the company the company (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 has been modified several times, the last by Act No. 4 of 1971 with attention to provisions that tercan-tum in the Government Regulation number 12 in 1969 as amended by government regulation Number 24 in 1972.

Article 5, (1) the Minister of finance implement the establishment of the company the company (PERSERO) as referred to in article 4.
.,, (2) the appointment of the first Board of Directors and Board of Commissioners at the time of establishment of the company the company (PERSERO) as stipulated in article 1 paragraph (2), carried out by the Minister of finance as the founder after the approval of the President.
.,, (3) the appointment of Directors and Board of Commissioners of the company the company (PERSERO) conducted by the next general meeting of shareholders, of the candidates asked the Minister of finance as a shareholder after the approval of the President.
Chapter V CLOSING PROVISIONS article 6 accounts for the company since its foundation the company (PERSERO) and the dissolution of the country's Commerce Bank, based on Act No. 7 of 1992 about banking, Law Number 6 Year 1968 concerning Bank Dagang Negara does not apply anymore.

Article 7 implementation of the provisions of Act No. 18 of the 1968 still remains valid along is not contrary to the Act No. 7 of 1992 and other provisions that govern the company's Company (PERSERO).

Article 8 further Provisions necessary for the implementation of this Regulation is governed by the Minister of finance.

Article 9 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 April 29, 1992 the PRESIDENT of the REPUBLIC of INDONESIA SOEHARTO Promulgated in Jakarta on April 29, 1992, MINISTER/STATE SECRETARY MOERDIONO of INDONESIA

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