Key Benefits:
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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2015, No. 311 -2-
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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