Development of Oil and Natural Gas in Indonesia Indonesia’s oil and gas sector is governed by Law No. 22 of 2001 regarding Oil and Gas. The oil and gasoline sector comprises of upstream and downstream activities, which are individually regulated and organised. Procedures for Land Freezes and Land Seizures in Indonesia Head of National Land Agency Regulation No.thirteen of 2017 covers the different land freeze and seizure procedures previously governed by a number of totally different rules. New Regulation on Criteria and Drug Registration Procedure BPOM Regulation No. 24 of 2017 replaces previous BPOM regulations in setting out the latest procedure for drug registration. New Abandonment and Site Restoration Obligations Upstream Oil and Gas Activities Indonesia’s Minister of Energy and Mineral Resources has regulated abandonment and web site restoration activities, or post-operation activities, for the upstream oil and gas sector.

Against this background, it has been lately floated within the media that the MEMR might soon issue a regulation to sort out problematic IUPs. General Meeting of Shareholders in Indonesia Limited legal responsibility corporations in Indonesia should maintain an annual general meeting of shareholders at least six months after the end of their monetary 12 months. The AGMS must discuss and approve the annual report submitted by the Board of Directors, which must encompass a monetary report amongst other particulars. [newline]New Ministry of Employment Regulation on Religious Festivity Allowance On eighth March 2016 the Minister of Employment issued Regulation No. 6 of 2016 on Religious Festivity Allowance for Employees in Companies. New Body Set Up to Resolve Disputes in Indonesia’s Construction Sector The Indonesian Centre for Arbitration and Alternative Dispute Resolution for Construction in late 2015 held its first seminar to announce its existence as a dispute decision physique within the area of development in Indonesia. Indonesia Foreign Investment – The 2016 Negative List The authorities has enacted a new Negative Investment List underneath Presidential Regulation No. forty four of 2016, which became effective on 18 May 2016 and revokes the earlier Negative Investment List stipulated underneath Presidential Regulation No. 39 of 2014.

State & Native Updates

For a abstract of key points from the steerage including legal points which employers ought to think about, head over to our sister weblog, hr law stay. If you’re a charity trustee, and unsure about which of your powers you possibly can delegate to another person – and to what extent –you may discover our well-liked weblog publish a useful start line. For best apply on delegation of charity trustee powers, have a look at the Commission’s steerage on trustee duties (section 9.3) and the Charity Governance Code’s principle in relation to decision making.

• Indonesia’s FinTech Office and New FinTech Regulation Bank Indonesia just lately launched a FinTech Office on 14th November 2016.
• It advises, subsequently, that trustees ought to take recommendation to ensure they absolutely perceive the potential implications of making such a decision.
• Regulation 8 was issued to help the tax amnesty programmes initiated by the Indonesian government.
• The oil and fuel sector contains of upstream and downstream activities, that are separately regulated and organised.
• Indonesia’s New Data Protection Rules Move Toward Passage After numerous information breaches underlined the urgency of complete knowledge safety guidelines, Indonesia expects to move a knowledge safety law in 2020, regardless of the continued COVID-19 pandemic and related lockdowns.
• The objective is to have a discussion board in which general doubts in regards to the processes of publication in the journal, experiences and different points derived from the publication of papers are resolved.

The new regulation will present safety to broader kinds of trademark, as well as make it more time and cost-efficient for trademark homeowners to obtain registration licences in Indonesia. New Regulation on Divestment Minister of Energy and Mineral Resources (“MEMR”) Regulation No. 9 of 2017 further regulates the divestment process for the downstream mining trade in particular to the worth at which the federal government will decide up shares. The regulation replaces MEMR regulation No. 27 of 2013 to the extent of the divestment provisions. New Regulation on Trademark Registration and Criteria on Well-Known Trademark Regulation 67 turned efficient on 30th January 2017 and supplies extra detailed provisions on trademark registration procedures criteria to determine the similarity of goods/services in addition to criteria on well-known emblems.

The influence rating of Medico-Legal Update is 0.16, which is computed in 2021 as per its definition.Medico-Legal Update IS is elevated by an element of 0.02 and approximate share change is 14.29% when in comparison with preceding yr 2019, which exhibits a rising trend. The impression rating , also denoted as Journal impact score , of an educational journal is a measure of the yearly average number of citations to recent articles revealed in that journal. A Closer Look at Indonesia’s Condominium Law Indonesia enacted a new Condominium Law in 2011 which changed Law No. sixteen of 1985 but has not yet been formally implemented. This legal update provides insights into the present regulatory setting and the challenges confronted by builders and prospective householders amid continued uncertainty.

Champagne V Champanillo: Cjeu Clarifies Scope Of Safety Afforded To Pdos

Defamation underneath Indonesian Law Defamation beneath Indonesian legislation entails the issuance of a defamatory assertion that causes a person to endure harm. Chapter XVI of the Indonesian Criminal Code governs both slander and libel in offering particulars on six several types of defamation, as is defined on this legal update. Indonesian Regulatory Framework for Insurance Businesses The main laws for insurance and reinsurance companies in Indonesia is the newly enacted Insurance Law, issued on 17th October 2014.

If I don’t grant my consent but on the similar time do not raise an objection, KPMG will be allowed to process my personal information for marketing purposes with none restraint, based mostly on its legitimate curiosity, throughout the scope of the Information Memorandum. Improve the effectiveness of HR administration The COVID-19 pandemic has shown the keyimportance of company’s effective processesand ample flexibility in HR administration. Labour-law compliance scan An modification to the Labour Code handed in 2020 brought a variety of important modifications. This month’s update identifies recent court choices addressing problems with “twice-exceptional” students under the IDEA and, alternatively or moreover, Section 504.