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Legal Update

Now You Can Have The LAW Of Your Dreams – Cheaper/Faster Than You Ever Imagined

Please bear in mind that this might heavily reduce the functionality and look of our web site. Caisa Aamuliadiga, or friendly generally known as Diga, earned his Bachelor of Law from Universitas Andalas in 2016 and Master of Law from Universitas Indonesia in 2021. While in school, Diga co-founded Debate and Legal Research Communities, served because the President of Faculty of Law’s Student Executive Body, and actively participated in numerous university-level legal drafting competitions across Indonesia. His Master’s Thesis discusses the intersection of mental property legislation with business competition legislation. He was an lively participant in the country’s judicial monitoring neighborhood as the Director of Indonesian Court Monitoring.

Legal Update

Law on Investment in the Form of Public-Private Partnership, the authority to grant IPA of a public – private partnership investment project funded by Official Development Assistance loans and preferential loans from overseas sponsors has been partly transferred from the Prime Minister to lower-level authorities. Specifically, solely these projects with a complete investment degree equal to that of “Group A” tasks require the approval of the Prime Minister. In-principle approvals of the remaining projects now are granted by lower- stage authorities (e.g., ministers, and provincial People’s Councils). The relocation of government workplaces to Nusantara will be done in levels and the President will issue a presidential decree to additional regulate this matter, including the official date of the relocation. Until then the place, function, and role of the State capital stay unchanged.

Asic Provides Momentary Reduction To Listed Corporations For Low Doc Capital Raisings As Part Of Covid

Foreign Investment in Indonesian Real Estate Indonesia’s Agrarian Law provides that foreigners can only purchase a right to use title for land if they reside in Indonesia. This update takes stock of the current legal framework governing overseas funding in Indonesian real estate and supplies an summary of the expected challenges. OJK Revokes Stimulus Package for Insurance Companies and Pension Funds On 31st August 2015, the Financial Services Authority issued a quantity of round letters as a stimulus policy bundle to minimise the detrimental effects of unstable global monetary conditions on the insurance coverage and pension fund enterprise sector.


N°6624 of four October 2013 on the reform of the companies and associations’ legal publication guidelines, Bill N°6624 of four October 2013 on the lock-up mechanism of bearer shares and items and important case law on Article one hundred of the Companies Law. Mr. Wichern is a recognized expert on the risks of heroin and the prescription drug epidemic and routinely speaks to healthcare organizations, pharmacies and suppliers to establish methods to better safeguard their practices and reduce the professional and operational risks emanating from these threats. He was the primary to develop CME programs addressing MAT and ache prescribing safeguards, federal regulatory and DEA compliance, credentialing and drug destruction. Mr. Wichern has been a guest lecturer on medical prescriber safeguards to audiences nationwide.

Sims Outlines Telecommunications Sector Priorities In Covid

Disputes related to real estate are handled in an analogous manner as another dispute in Indonesia. Launching of Electronic-Based Intellectual Property Services in Indonesia The Ministry of Law and Human Rights officially launched electronic- based intellectual property companies on twenty ninth December 2016. The electronic submitting system enables IP consultants to file purposes at any time online with out being constrained by the limited opening hours of the Intellectual Property Office. Development of Oil and Natural Gas in Indonesia Indonesia’s oil and gasoline sector is ruled by Law No. 22 of 2001 concerning Oil and Gas. The oil and fuel sector includes of upstream and downstream activities, that are separately regulated and organised. Indonesia Extends Cabotage Exemption The Indonesian Shipping Law and its implementing laws comprise Indonesia’s cabotage rules, requiring that domestic sea transportation be carried out by an Indonesian shipping company utilizing an Indonesian-flagged vessel and an Indonesian crew.