Implementing Regulation for Tapera Program Finally Issued

As an implementing regulation to Law No. 4 of 2016 on Public-Housing Savings (“Tapera Law”),[1] the government has issued Regulation of the Government No. 25 of 2020 on the Organization of Public-Housing Savings (“Regulation 25/2020”), which sets out further provisions relating to various aspects of the management of the public-housing savings (tabungan perumahan rakyat – “Tapera”) program.[2] However, due to the broad scope of the subject matter addressed under Regulation 25/2020, this edition of Indonesian Legal Brief will focus its discussion on the following matters: