Notaries and PPATs urged to thoroughly examine land-title registrations by foreign citizens, so as to avoid any breaches of the law
All IP licensing agreements must now be officially registered in order to be considered legally binding for third parties
Flaws include no set housing-procurement schedule for participants, no specific government role in the program, and the obscure status of BP Tapera
In order to address this low mediation success rate, specifically those processes which are organized by the courts, the Supreme Court recently issued Supreme Regulation No. 1 of 2016 on the Mediation Procedure. The 2016 Regulation has been designed to boost the mediation success rate, so that this process will be seen as a viable alternative for the resolution of disputes.
Review will assess the exclusion of DPD during the deliberation process, the determination of premium fees, as well as legal and institutional aspects of the new law
Implementing regulations to follow
Processing times for building-construction licenses have also been reduced
Academics and bankers debate right-to-use land titles
As we reached the end of 2015, the House of Representatives passed a new budget plan setting out Indonesian revenue and expenditure for 2016. The plan in question was delineated under Law No. 14 of 2015 on the 2016 State Budget (2016 State Budget Law). The new state budget is aiming to generate around IDR 1.82 trillion over the course of the year via the three main sources of state income: tax revenues, non-tax revenues and grants.
Supreme court is encouraging APSI to file a written challenge detailing its objections