SHEET COUNTRY OF THE REPUBLIC OF INDONESIA

No. 311, 2015 ECONOMICS. Membership's Back. Republic of Indonesia. International Monetary Fund. International Bank. Act. Number 9, 1966. Act No. 2 of 1967. The Executing rules. (Explanation In Addition Of State Sheet Republic Indonesia Number 5784).

REGULATION OF THE REPUBLIC OF INDONESIA

NUMBER 98 YEAR 2015

ABOUT

REGULATION OF IMPLEMENTATION OF LAW NUMBER 9 IN 1966 ABOUT

MEMBERSHIP OF THE REPUBLIC OF INDONESIA IN MONETARY FUND

INERNATIONAL (INTERNATIONAL MONETARY FUND) AND THE INTERNATIONAL BANK

FOR RECONSTRUCTION AND DEVELOPMENT (INTERNATIONAL BANK FOR

RECONSTRUCTION AND DEVELOPMENT) AS HAVING BEEN AMENDED BY

THE LEGISLATION NUMBER 2 IN 1967 ON THE CHANGE OF INVITE-

INVITE THE NUMBER 9 YEAR 1966 ABOUT THE REPUBLIC MEMBERSHIP

INDONESIA IN INTERNATIONAL MONETARY FUND AND INTERNATIONAL BANK

FOR RECONSTRUCTION AND DEVELOPMENT

WITH THE GRACE OF THE ALMIGHTY GOD

PRESIDENT OF THE REPUBLIC OF INDONESIA,

DRAWS: A. that the Unity State of the Republic of Indonesia has become

members on the International Monetary Fund (International

Monetary Fund) and the International Bank for

Reconstruction and Development (International Bank for

Reconstruction and Development);

b. that in accordance with the duties of the Bank of Indonesia as

monetary authority as Act

regarding Bank Indonesia, it needs to make adjustments

provisions regarding the representation of the State of the Union

Republic Indonesia at International Monetary Fund;

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c. that to implement the provisions of Article 3 of the Invite-

Invite Number 9 Year 1966 on Membership

Back of the Republic of Indonesia in Monetary Fund

International (International Monetary Fund) Fund) and the Bank

International for Reconstruction and Development

(International Bank for Reconstruction and Development)

as amended by Law Number

2 Year 1967 on Change Act Number

9 Years 1966 On The Republican Remembership

Indonesia in International Monetary Fund and

International Bank for Reconstruction and Development; d. that under consideration as intended

in letters a, the letter b, and the letter c, need to set

Government Regulation on the Implementation of the Act

Act Number 9 Year 1966 on

Membership The Republic of Indonesia in the Fund

International Monetary Fund (International Monetary Fund) and

The International Bank for Reconstruction and

Development (International Bank for Reconstruction And

Development) as has been amended with the Invite-

Invite Number 2 Year of 1967 on Change Invite-

Invite Number 9 Year 1966 About Membership

Back of the Republic of Indonesia in International Monetary

Fund and International Bank for Reconstruction and

Development;

Given: 1. Article 5 of the paragraph (2) of the Constitution of the Republic of the Republic

Indonesia Year 1945;

2. Law Number 9 Year 1966 on

Membership of the Republic of Indonesia in the Fund

International Monetary Fund (International Monetary Fund) and

International Bank for Reconstruction and

Development (International Bank for Reconstruction and

Development) (State Sheet of the Republic of Indonesia Year

1966 Number 36) as amended by

The Number 2 Act of 1967 on Changes

Act Number 9 Year 1966 on

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Re-membership of the Republic of Indonesia in

International Monetary Fund and International Bank for

Reconstruction and Development (State Sheet

Republic of Indonesia) 1967 Number 3);

DECIDED:

Establits: GOVERNMENT REGULATION ON REGULATIONS

IMPLEMENTATION OF LAW NUMBER 9 IN 1966

ABOUT THE MEMBERSHIP OF THE REPUBLIC OF INDONESIA

IN THE INTERNATIONAL MONETARY FUND (INTERNATIONAL

MONETARY FUND) AND THE BANK. INTERNATIONAL FOR

RECONSTRUCTION AND DEVELOPMENT (INTERNATIONAL

BANK FOR RECONSTRUCTION AND DEVELOPMENT)

AS HAS BEEN AMENDED BY INVITE-INVITE

NUMBER 2 OF 1967 ON THE CHANGE OF INVITE-

INVITE NUMBER 9 IN 1966 ON MEMBERSHIP

RETURN REPUBLIC INDONESIA IN INTERNATIONAL

MONETARY FUND AND INTERNATIONAL BANK FOR

RECONSTRUCTION AND DEVELOPMENT.

BAB I

provisions of UMUM

Article 1

In Regulation This government is referred to as:

1. The International Monetary Fund (International Monetary Fund)

subsequently called the IMF is a financial institution

international established and operating in accordance with

provisions as set forth in the IMF Agreement.

(Articles of Agreement of the International Monetary Fund).

2. The International Bank for Reconstruction and

Development (International Bank for Reconstruction and

Development), called IBRD, is

the international financial institution established and

operates in accordance with provisions as set

in the IBRD Agreement (Articles of Agreement of the

International Bank for Reconstruction and Development).

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3. The IMF's approval is the IMF's Articles of Agreement

(Articles of Agreement of the International Monetary Fund).

4. The Minister of Finance is the minister who organizes

the affairs of government in the financial field of the country.

5.

BAB II

MEMBERSHIP OF THE UNITED STATES OF THE REPUBLIC OF INDONESIA ON THE IMF

Article 2

(1) Membership State Membership Republic of Indonesia on

The IMF is represented by Bank Indonesia.

(2) In exercising its power as the vice state of the Union

Republic of Indonesia on the IMF as referred to

paragraph (1), Bank Indonesia:

a. have the right to acceptance and perform

payment of liability to the IMF including

quota payment;

b. hold a loan and/or otherwise

authorized to pay fulfillment of the obligations

membership to the IMF includes quota payments;

c. issued a pay letter (promissory note) or

a debt letter. which cannot be sold, not

flowering, and any time can be invoiced;

d. taking policy and/or decisions in

order to exercise the rights and membership obligations

on the IMF; and

e. performing management and enterprise rights and obligations including financial rights and liabilities.

Article 3

(1) The implementation of the membership of the Republic of the Republic of the Republic

Indonesia on the IMF is done by:

a. The Governor of the IMF (Governor of the Fund); and

b. The IMF's successor to the IMF (Alternate Governor of

the Fund).

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(2) Governor on the IMF as referred to in paragraph (1)

letter a was used to the Governor of the Bank of Indonesia.

(3) The Governor of the Replacement in the IMF as intended

on the paragraph (1) letter b exercised by the Minister

Finance.

(4) In regards to the Governor of the IMF impeded, Governor

Replacement to the IMF as referred to in paragraph (1)

letter b carrying out the Governor's duties on the IMF.

(5) In regard to the Governor of the IMF and the Governor of the Switcher

on the IMF impeded, the Governor at the IMF appoints

the official representing.

Article 4

The policy capture and/or decisions as of

referred to in Section 2 of the paragraph (2) the nature of the d

strategic, conducted through coordination between the Ministry

Finance and the Bank of Indonesia.

Article 5

(1) In order to support the execution of the task

membership to the IMF, Bank Indonesia is coordinating

with the Ministry of Finance can put

officials to sit as Unity State deputy

Republic of Indonesia in a constituent group on the IMF

that represents the Republic of the Republic of Republic

Indonesia.

(2) The placement of the official as referred to in paragraph (1)

by considering the performance optimization and

the role of the Republic of Indonesia's Republic of Indonesia on the IMF.

BAB III

MEMBERSHIP OF THE UNITED STATES REPUBLIC OF INDONESIA IN IBRD

Article 6

(1) Membership of the Union of the Union of the Republic of Indonesia in

IBRD is represented by the Minister of Finance.

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(2) Minister of Finance as the vice state of Unity

Republic of Indonesia on IBRD, authorized:

a. have the right to acceptance and perform

payment of the obligations on IBRD;

b. holding a loan or otherwise authorized

in order to fulfill membership obligations

to IBRD;

c. issued a treasury letter or statement

a kind of similar debt that cannot be sold, no

flowering, and any time can be billed;

d. taking policy and/or decision in

order to exercise the rights and membership obligations

on IBRD; and

e. performing the management and rights enterprise of the rights or

liability including financial rights or obligations.

Article 7

(1) The implementation of the Republic of the Republic of the Republic of Unity membership

Indonesia on IBRD is performed by:

a. Governor on IBRD (Governor of the Bank); and

b. The successor governor to IBRD (Alternate Governor of

the Bank).

(2) The governor on IBRD as referred to in paragraph (1)

the letter a was exercised by the Minister of Finance.

(3) The Governor of Replacement on IBRD as intended

on the paragraph (1) the letter b was exercised by the official

Authorities from the Ministry/related agencies.

(4) In regards to the Governor on IBRD impediation, Governor

Replacement on IBRD as referred to in paragraph (1)

letter b carrying out the Governor ' s duties on IBRD.

(5) In terms of the Governor on IBRD and the Governor of the Switcher

on the IBRD impediation then the Governor on IBRD

appoints the officials representing.

Article 8

(1) In order to support the execution of the task

membership of the Republic of the Republic of Indonesia on

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IBRD, Finance Minister puts officials to

sitting as vice state of the Republic of Indonesia

in a constituent group on IBRD which

represents the Republic of the Republic of the Republic of Indonesia. Indonesia.

(2) The placement of an official who will sit as a representative

Unity State of the Republic of Indonesia in the group

constituents on IBRD as referred to paragraph

(1) by considering the optimization of performance and

The role of the Unity State of the Republic of Indonesia on IBRD.

BAB IV

TRANSITIONAL provisions

Article 9

At the time the Government Regulation is in effect:

1. All payments paid by

Government of the Republic of Indonesia to IBRD in

order to fulfill its share in IBRD capital,

stated as a partial fulfillment of the obligations

Indonesia against IBRD; and

2. all treasury letters that have been issued

based on the return of Indonesia in capital

IBRD before this Government Regulation came into effect,

stated that still remains in effect until the time

finally valid.

BAB V

PROVISIONS

Article 10

Bank Indonesia commits an obligation to pay quotas

IMF after:

a. the completion of the transfer of the management and the enterprise

finance related to the membership of the Republic of the Republic

Indonesia on the IMF from the Ministry of Finance to

Bank Indonesia; and

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b. the completion of the Bank Indonesia bill to

The Ministry of Finance arising from the payment

the membership of the Union of the Republic of Indonesia in

International Financial Instituation.

Article 11

Government Diverts the rights and obligations that

arising from activities as referred to in Section 10

to the Bank of Indonesia of the value set forth in

The State Budget and Revenue Budget of the Budget Year

2015.

Article 12

At the time this Government Regulation came into effect, Regulation

Government Number 1 Year 1967 on Implementation

Act No. 9 Year 1966 on Membership

Back of the Republic Indonesia In Monetary Fund

International (International Monetary Fund) and Bank

International For Reconstruction and Development

(International Bank For Reconstruction And Development)

(State Sheets Republic of Indonesia Year 1967 Number 3)

as amended by Regulation Government

Number 19 of 1974 on Change and Additional

over Government Regulation No. 1 of 1967 on

implementation of Act Number 9 Year 1966

(Lembargo-State of 1966 Number 36) about

Re-membership of the Republic of Indonesia In the Fund

International Monetary Fund (International Monetary Fund) and the Bank

International For Reconstruction and Development

(International Bank For Reconstruction And Development)

(State sheet of the Republic of Indonesia Year 1974 No. 23)

revoked and declared not applicable.

Article 13

This Government Regulation shall begin in effect on the date

promulgled.

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So that everyone knows it, ordering

the invitational of this Government Regulation with

its placement in the Republic of the Republic of the Republic of the Union

Indonesia.

specified in Jakarta

on December 21, 2015

PRESIDENT OF THE REPUBLIC OF INDONESIA,

ttd.

JOKO WIDODO

DiundPour in Jakarta

on December 28, 2015

MINISTER FOR LAW AND HUMAN RIGHTS

REPUBLIC OF INDONESIA,

ttd.

YASONNA H. LAOLY

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