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Amendment to Government Regulation No. 46/2007 on the Batam Free Trade Zone and Free Port Zone (Government Regulation No. 5/2011).

Main Region

First Region

Indonesia
Economic and social policy
2011-02-04
National
Regulation, Decree, Ordinance

Second Region

Peraturan Pemerintah Tentang Perubahan Atas Peraturan Pemerintah Nomor 46 Tahun 2007 Tentang Kawasan Perdagangan Bebas Dan Pelabuhan Bebas Batam
Amends the following provisions of the GN No. 46/2007 with respect to the change in management from the Batam Industrial Development Authority to the Batam Free Trade Zone and Free Port Zone Management Board:
Article 1(2) - redefines the Free Trade Zone and Free Port Zone.
Article 2 - Inserts new articles 2A (responsibilities of Head of the Management Board of the Batam Free Trade Zone and Free Port Zone), 2B (Concerns appointment, development, retirement of employees of the Batam Free Trade Zone and Free Port Zone Management Board), 2C (assets of the Management Board), 2D (financial arrangements) and 2E (organizational structure and working mechanisms)
Article 3 - Adds two more paragraphs (3) and (4) (definition of terms of service for Management Board employees).
Article 5 - Inserts new article 5A concerning status of regulation/decisions issued by the Batam Industrial Development Authority and the Batam Free Trade Zone and Free Port Zone Council which shall remain in force provided they do not contradict and/or have not been set forth in new implementation regulations based on this Government Regulation.

Amended Text region

Electronic region

Serial region

    Serial title
    Business News - English Version
    Date
    2011-05-06
    Number
    No. 8103