A New Regulation on Intellectual Property License Agreement Recordal The prevailing mental property laws in Indonesia stipulate that it’s necessary to record an IP license settlement with the Directorate General of IP. In the absence of recordal, an IP license agreement is deemed to be not binding on any third get together. New Ministry of Employment Regulation on Religious Festivity Allowance On 8th March 2016 the Minister of Employment issued Regulation No. 6 of 2016 on Religious Festivity Allowance for Employees in Companies. New Body Set Up to Resolve Disputes in Indonesia’s Construction Sector The Indonesian Centre for Arbitration and Alternative Dispute Resolution for Construction in late 2015 held its first seminar to announce its existence as a dispute resolution physique within the field of construction in Indonesia.
As a consequence, the BKPM will quickly suspend the processing and issuing of licenses and can transition to a nationwide Online Single Submission system. IDX Issues New Listing Rule The Indonesia Stock Exchange has issued a new listing rule for shares and equity-type securities. The new rule supplies new necessities for listing on the IDX and clarifies several objects that are not clearly regulated beneath the old rule. To be taught more about our providers and get the most recent legal insights from across the Middle East and North Africa area, click on on the hyperlink under. A full spectrum of legal providers throughout jurisdictions in the Middle East & North Africa.
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Procedures for Land Freezes and Land Seizures in Indonesia Head of National Land Agency Regulation No.thirteen of 2017 covers the different land freeze and seizure procedures beforehand governed by a quantity of totally different rules. New Guidelines on the Advertising of Drugs The Food and Drugs Supervisory Agency has issued Decision No.eight setting out the guidelines on the promoting of prescription and non-prescription medication. New Abandonment and Site Restoration Obligations Upstream Oil and Gas Activities Indonesia’s Minister of Energy and Mineral Resources has regulated abandonment and web site restoration actions, or post-operation activities, for the upstream oil and gas sector. Indonesia’s PLN Invites Hydropower Developers to Prequalify Indonesia’s state-owned energy utility PLN, has issued an invitation to hydropower developers to submit applications to be included on the List of Selected Providers for Indonesian hydropower tasks with a capability of above 10MW. Bank Indonesia Sets New Limits for the Provision of E-Money Bank Indonesia issued a regulation on e-money that stipulates a quantity of necessities and prohibitions that have been previously unregulated.
We will look at the interplay between permitted development and the EIA and HRA regimes together with, when to screen, and how to contemplate HRA and EIA within the context of applications for prior approval and what mitigation can be taken under consideration for each. This session will provide an outline, and allow you to understand the sensible implications, of the modifications to the permitted improvement and use class regimes brought in since August 2020. Access rigorously selected content material, including on-line seminars, members-only newsletters, and past seminar supplies that cover a variety of in-depth topics. This Quickguide considers the therapy of selective distribution preparations under EU competitors regulation.
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This move has resulted in the elimination of several examination and licensing procedures. Real Estate Disputes in Indonesia There is not any arbitration facility or process specifically designed to accommodate real property matters underneath Indonesian law. Disputes related to real estate are treated in an identical method as some other dispute in Indonesia. New Regulation on Divestment Minister of Energy and Mineral Resources (“MEMR”) Regulation No. 9 of 2017 additional regulates the divestment process for the downstream mining industry in particular to the worth at which the federal government will pick up shares. The regulation replaces MEMR regulation No. 27 of 2013 to the extent of the divestment provisions.