| Issue Number : 4507ID See Translation Version

Any residential houses that are acquired by foreign citizens may be used in relation to the following further actions: 1) May be bequeathed to eligible heirs, if foreign citizens pass away; 2) May be used as debt collateral through mortgages; and 3) May be transferred and/or shifted to other parties.

| Issue Number : 4506ID See Translation Version

Oil tankers operating with single-bottom constructions and/or single-hull constructions carrying oil cargos with deadweights of DWT 600 tons or more and that are at least 20 years old (as dated from their year of delivery) and oil tankers with single-bottom constructions and/or single-hull constructions flying foreign flags that will be replaced by flags with an age of not more than 20 years are required to implement the Condition Assessment Scheme in a dock by 1 December 2024 in order to achieve an operational deadline of 1 July 2026

| Issue Number : 4505ID See Translation Version

Pharmaceutical industries that utilize 2D barcodes through the use of the authentication method are required to implement the aggregation system within one year of the promulgation of this Regulation. Furthermore, any 2D barcodes that use the identification method and that were issued prior to the enforcement of this Regulation may still be utilized, provided that the relevant distribution licenses remain valid

| Issue Number : 4504ID See Translation Version

The Minister of Investment/Head of the Indonesian Investment Coordinating Board, on behalf of the Minister of Energy and Mineral Resources, will then issue groundwater business licenses within seven business days of the various requirements being deemed complete

| Issue Number : 4503ID See Translation Version

The Draft Regulation authorizes the Authority of IKN Nusantara to determine which business activities are eligible to secure business licenses and enjoy ease-of-doing-business facilities, as well as fiscal and non-fiscal investment facilities in IKN Nusantara or certain regions that are established as IKN Nusantara economic superhubs

| Issue Number : 4502ID See Translation Version

The overall procedure for the granting of KITE Repayments comprises the following stages: 1) Submission of application; 2) Granting of register; 3) Stipulation of the granting of KITE Repayment; and 4) Disbursement of KITE Repayment

| Issue Number : 4501ID See Translation Version

Wreckage removal must be completed within 180 days of the relevant vessel sinking and vessel owners must submit Wreckage removal action plans to the relevant harbormaster within 14 business days of their vessels sinking if Wreckage is classified as Disturbance Level 1 or Level 2

| Issue Number : 4500ID See Translation Version

Written orders are issued in order to demand the conducting or non-conducting of certain activities to ensure the fulfillment of provisions set out under the applicable laws and regulations that apply within the financial services sector, as well as to prevent and minimize losses to consumers, the general public and the financial services sector

| Issue Number : 4499ID See Translation Version

Second-home visas may be granted to foreign citizens and/or other interdependent foreign citizens with second-home visas or second-home limited-stay permit holders (e.g. spouses, children or parents) through the submission of applications via a website-based app (visa-online.imigrasi.go.id)

| Issue Number : 4498ID See Translation Version

Carbon trading, either domestic carbon trading or cross-border carbon trading, may be carried out once the following general requirements have been fulfilled: 1) Must be carried out in accordance with the carbon-trade roadmap; 2) Must provide reserves for emissions reductions (buffers); and 3) Must take the form of Greenhouse Gas Emissions Reduction Certificates for cross-sectoral carbon trading

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