New Regulation on Contributions Made by Companies Operating Universal Postal Services
Postal-service management companies are required to pay contributions when providing any universal postal-services. With this in mind, the Ministry of Communication and Informatics has now issued Regulation No. 4 of 2017, which sets out a number of further provisions relating to the mechanism which is to be used when calculating and collecting such contributions. The new regulation also addresses the verification and examination of paid contributions, as well as the various companies responsible for such payments. In addition, the regulation also sets out sanctions for non-compliance with the various provisions contained therein.
Peraturan Baru tentang Kontribusi untuk Menyelenggarakan Layanan Pos Universal
Pedoman Pemanfaatan Energi Terbarukan untuk Mencapai Target Ketahanan Energi Nasional
New Guidelines for the Utilization of Renewable Energy to Meet National Energy-Security Targets
In order to offer updated guidelines on the utilization of renewable energy for the generation of electrical power and therefore meet the national energy security target of lower levels of carbon dioxide in the environment, the Ministry of Energy and Mineral Resources (“Ministry”) has issued No. 12 of 2017 on the Utilization of Renewable Energy for the Procurement of Electrical Power. The new regulation addresses a number of important matters relating to the utilization of renewable energy, including maximum purchase prices, the due-diligence processes which are to be undertaken prior to purchase, domestic component levels and standards for power plants, the transparency of PLN, standards for power purchasing agreement, and sanctions for the delayed development of renewable-energy based power plants.
Comprehensive Legal Due Diligence Processes Seen as Key to Avoiding Land-Procurement Challenges
When legal disputes arise, Ministry of Agrarian Affairs and Spatial Planning/National Land Agency Regulations may offer insights regarding their potential resolution.
New Guidelines on Operational Feasibility Certificates for Fishing Vessels
With the goal of redefining the requirements for operational feasibility certification for fishing vessels in mind, the Ministry of Marine Affairs and Fisheries has issued Regulation No. 1/PERMEN-KP/2017 on Operational Feasibility Certification for Fishing Vessels. This regulation eliminates the obligation for small fishermen and fish farmers to obtain SLOs, while simultaneously stipulating stricter requirements for other types of fishing vessels, particularly fish transportation vessels.
Pedoman Baru Surat Laik Operasi Kapal Perikanan
Pemerintah Atur Pemanfaatan Gas Alam untuk Pembangkit Listrik
Government Regulates Natural Gas Utilization by Power Plants
The Ministry of Natural Resources has issued Regulation No. 11 of 2017 on Natural Gas Utilization by Power Plants in order to ensure a higher level of natural-gas utilization by power plants owned by PT PLN, as well as private businesses involved in the running of power plants and which are bound by power-purchasing agreements with PT PLN. The regulation will also ensure that all such natural gas is obtained at competitive yet fair prices. With these aims in mind, the regulation in general sets out a number of provisions relating to supplies of natural gas, sale-and-purchase agreements, prices and distribution tariffs.
New Legal Framework Governing Guarantee Services
In order to implement Law No. 1 of 2016 on Guarantees, the Financial Services Authority (Otoritas Jasa Keuangan- “OJK”) has finally issued three regulations, namely OJK Regulation No. 1/POJK.05/2017 on Business Licensing and the Organizational Structures of Guarantee Institutions; OJK Regulation No. 2/POJK.05/2017 on the Organization of Guarantee Institutions; and OJK Regulation No. 3/POJK.05/2017 on Good Corporate Governance for Guarantee Institutions. This week’s edition of Indonesian Law Digest (ILD) will analyze and discuss various matters which relate to these new OJK Regulations, such as the general concept underlying guarantee institutions, their licensing, financial ratios and so forth.