The financial reports are mandatory for holders of the following permits: 1) Timber-Forest Product Utilization Permits (Izin Usaha Pemanfaatan Hasil Kayu/IUPHHK) for areas of Natural Forest (Pada Area Hutan Alam/IUPHHK-HA) and for areas of Industrial Plantation Forest (Pada Hutan Tanaman Industri/IUPHHK-HTI), as well as for the purpose of Ecosystem Restoration (Dalam Rangka Restorasi Ekosistem/IUPHHK-RE); 2) Non-Timber Forestry Product Utilization Permits (Izin Usaha Pemanfaatan pada Hasil Hutan Bukan Kayu/IUP-HHBK); 3) Forest Area Utilization Permits (Izin Usaha Pemanfaatan Kawasan/IUPK); and/or 4) Environmental Services (Jasa Lingkungan/JL)
Supervisions through sea patrols aim to search for and uncover any violations of customs-and-excise provisions and is to be conducted through sea patrols, which encompass the following measures: 1) Halting and inspection of transportation facilities; 2) Inspections of goods, buildings or other places, of letters/documents which relate to goods, or of individuals; 3) Preventative measures in relation to goods and transportation facilities; and 4) Locking, sealing and attaching of security markings, which are required for goods as well as for transportation facilities
PPnBM tariff for plug-in hybrid electric vehicles, battery-powered electric vehicles or fuel-cell electric vehicles is 0%
Preparation of RUPTL is mandatory for all electrical power supply businesses
Any previously issued operational licenses and registration certificates will remain valid until their expiration dates
This new Law introduces a reference to the as-yet-to-be-created National Legislation Center Agency (BPLN) as envisioned by President Joko Widodo for his second presidential term. It is hoped that BPLN will be able to harmonize and overcome overlapping regulations to bolster Indonesias investment regime
Financial obligations which are now being guaranteed by the government also include the fines and rewards incurred in relation to loan or financing agreements, not only the principal amount of any loans or financing facilities and the interests
Tax facilities may be granted for Cooperation Contract Oil-and-Gas Contractors (KKKS) based on the issuance of Taxation Facilities Certificates (SKFP), either for the exploration or exploitation phases
Private-sector business entities may utilize water resources in order to meet their business needs, provided that they first meet the following requirements: 1) Entities must comply with water-resource management patterns and water-resource management plans; 2) Entities must comply with various technical and administrative requirements, secure approvals from authorized officials and pay official water resources management service fees (BJPSDA), as well as meet other financial obligations, as set out under the prevailing laws and regulations
Investments in relation to the development of natural-gas facilities will be supervised by the Downstream Oil-and-Gas Regulatory Agency (BPH Migas), as performed in practice by the Directorate of Natural Gas with possible assistance from Investment Implementation Supervisory Consultants (KPPI)