Extends the export period for several Indonesian mining products as follows: 1) Results of processing for the holders of IUP and IUPK. Metal mineral production operations have now been extended until 10 June 2023; 2) Processing products for the holders of processing/refinery business licenses which were issued prior to 11 January 2017 have now been extended until the export approval period is over; 3) Mud Anode and residues produced during copper refining processes for the holders of Processing/Refinery Business Licenses has now been extended until 10 June 2023; and 4) Washed bauxite with A12O3 content greater than or equal to 42% for the holders of IUP for Production Operations who have or who are currently in the process of establishing refinery facilities has now been extended until 10 June 2023

Holders of Special Mining Business Licenses for the continuation of operations of contract or work/coal contracts of work that carry out any coal development and/or utilization activities within Indonesia may also enjoy production fees or royalties of up to 0%

The utilization of Oil-and-Gas BMN by other parties may be implemented in relation to the following types of Oil-and-Gas BMN: 1) Oil-and-Gas BMN that are held by contractors; and 2) Oil-and-Gas BMN that are held by the users of goods

New accounting and financial reporting guidelines established for the following: 1) State-owned properties (barang milik negara - "BMN") originating from cooperation-contract contractors (BMN Hulu Migas); and 2) BMN originating from cooperation-contract contractors whose contracts have expired ("BMN Ex-Termination") and which were not part of the accounting and financial reporting objects addressed under the previous regulation

If businesses are intending to engage in the provision of SPKLU, then said businesses are first required to secure IUPTL, whether in form of integrated IUPTL or IUPTL for sales purposes. In this context, said businesses must secure the following: 1) Location determination; 2) Validation of an electrical supply business plan; and 3) Integrated IUPTL/Sales IUPTL.

Cooperation contracts for oil-and-gas exploration and exploitation activities between the state and contractors may now be drawn up in the form of gross-split production sharing contracts, cost-recovery production sharing contracts or other types of contract

During the exploration and exploitation stages and extending right up until the start of the commercial production stage, certain contractors which undertake upstream oil and gas activities based on gross-split production sharing contracts may enjoy certain fiscal facilities, including: 1) Exemptions from the collection of value-added tax (PPN) or PPN and luxury-goods sales tax in relation to the procurement and utilization of taxable goods, taxable services and/or intangible taxable goods from outside of customs areas within customs areas; and/or 2) Reductions in land and building tax (PBB) amounting to 100% of payable PPB, as set out under the relevant tax returns

The Bill revises 83 articles originally set out under the Mining Law, while also adding 52 new articles and eliminating a further 18 articles, and these articles have been synchronized with the content of Draft Bill on Job Creation

Exports of coal and/or CPO and imports of rice and/or goods for government procurement purposes are now required to utilize national maritime transport companies and national insurance. However, import/export activities that involve sample products, goods which will not be traded, goods that will be used for research purposes, rejected imported goods and goods which are to be re-exported, etc. have been exempted from this regulation.

The new regulation specifies two mechanisms which can be used in order to determine the prices of divested shares: discounted cash flow and market-data benchmarking.