The following parties will be required to comply with the provisions set out under the Regulation: 1) Business actors operating within the food and drugs sector; and/or 2) Electronic Systems Operators (Penyelenggara Sistem Elektronik/PSE)/Organizers of Trading Through Electronic Systems (Penyelenggara Perdagangan Melalui Sistem Elektronik/PPMSE). PSE/PPMSE were not previously subject to any supervision.

Coal and mineral mining businesses are required to establish (for businesses that have not already) and/or manage (for businesses that have already) nursery facilities (i.e. locations in which seeds or other parts of vegetation are processed to become young plants or seeds that result from reproduction and that are ready to be planted). In this regard, said mandatory establishment should be implemented up until 31 December 2025 for mining businesses that hold environmental impact analyses (Analisis Mengenai Dampak Lingkungan Hidup "AMDAL") as their environmental permits.

Flight captains and vessel captains are categorized as persons in charge of the transportation of narcotics and pharmaceutical precursors in transit and are required to report any damage to original packaging to the Head Customs and Excise Office, as follows: 1) Name; 2) Form; 3) Content; 4) Weight; 5) Quantity; and 6) Type and class of narcotics and pharmaceutical precursors.

While it is still prohibited for financial services institutions (Lembaga Jasa Keuangan "LJK"), other LJKs and/or other entities (collectively referred to as "Financial Institutions"), as well as the leaderships and/or employees of said Financial Institutions to provide false statements, the Third Amendment has now clarified that this includes a prohibition on Financial Institutions entering into agreements and/or engaging in practices that facilitate the avoidance of mandatory disclosures financial information. Moreover, the Director-General of Tax has now been granted the following new authorities: 1) The authority to determine which agreements and/or practices meet the threshold for the avoidance of mandatory disclosures of financial information; and 2) The authority to obtain financial information (including statements and/or other information) that specifically relates to the agreements and/or practices outlined in point (1).

Conventional and sharia commercial banks ("Banks") are required to meet the daily offshore bank funding ratio (Rasio Pendanaan Luar Negeri Bank "RPLN"). The threshold for the RPLN has been set at a maximum of 30% based on the relevant percentage that serves as the addition or reduction factor for determinations of the RPLN threshold ("Countercyclical Parameter"). In this regard, the Countercyclical Parameter will be determined by taking several factors into account (e.g. financial cycles, external factors and/or financial system stability risks) and aspects of said determinations (e.g. applicable amount, effective date, termination date and so forth).

The applicable domestic component levels (Tingkat Komponen Dalam Negeri "TKDN") for integrated solar cells that are capable of converting solar energy to electricity ("Solar Modules") comprise of the following aspects: 1) Direct materials: 91%; 2) Direct manpower: 5%; and 3) Factory overhead (i.e. the indirect costs that are borne by the relevant factory): 4%. In terms of the aforementioned factory overhead, such matter refers to costs that are borne for the following matters: 1) Working equipment (e.g. production machinery/equipment and other supporting equipment); and 2) Other services (e.g. utilities, insurances, transportation and so forth).

While maintaining the majority of requirements that must be met by Permit Holders that wish to submit an application for the extension of their Mining Areas, the Amendment has now set the minimum coal-and-mineral production period into two consecutive years. Previously, such minimum production period was set at three consecutive years. Moreover, the Amendment now also require the Permit Holder in question to not under any other IUP or IUPK extension process

If insurance companies and reinsurance companies (collectively referred to as "Companies") experience force-majeure events and are not able to submit their mandatory periodic reports ("Periodic Reports"), then said Companies will be required to notify the Financial Services Authority (Otoritas Jasa Keuangan/OJK). Moreover, any Companies that discover errors in their submitted monthly reports may now submit applications for monthly report corrections to the OJK.

Electrical infrastructure construction projects ("Electrical Projects") that takes form of solar power plants (Pembangkit Listrik Tenaga Surya "PLTS") are entitled to enjoy mandatory Domestic Product relaxation policy up until a deadline of 30 June 2025. In this regard, PLTS that are eligible to secure such relaxation policy must meet the following criteria: 1) Those with electrical procurement agreement that has entered into force by no later than 31 December 2024; and 2) Planned to commercially operated by no later than 30 June 2026.

The general meeting of shareholders (Rapat Umum Pemegang Saham "RUPS") of public companies, general meeting of holders of bonds (Rapat Umum Pemegang Obligasi "RUPO") and general meeting of holders of sukuk (Rapat Umum Pemegang Sukuk "RUPSu") is set to be allowed to be implemented electronically (collectively referred to as "Electronic General Meetings"). In this regard, the aforesaid Electronic General Meetings may be implemented via an electronic system that has been provided by providers of the Electronic General Meetings system ("System Providers") or system that have been provided by the respective issuers or public companies.