Laws & regulations

Down to Earth No. 74, August 2007

 

The final draft of a revised 'corporates' bill was given the nod by Indonesia's House of Representatives (DPR) on 20 July, 2007. This marked the passing of the bill, which replaces the old Limited Liability Company Law, (No.1,1995). The new Limited Liability Company Law, alongside the revised Investment Law (see DTE 73), is designed to update company legislation and is part of a bundle of regulations and statutes being enacted to make the country more attractive to new investment.

Down to Earth No. 74, August 2007


Indonesia's forestry department is allocating millions of hectares of land to a new scheme aimed at increasing the supply for wood for the pulp and timber industries, as well as tackling poverty. But serious flaws with the 'peoples plantations' programme are raising concerns that the scheme could do more harm than good.


Indonesia's forestry department announced target figures for 'Peoples Plantations' (Hutan Tanaman Rakyat - HTR) in February this year.

Down to Earth No. 73, May 2007


The Indonesian parliament passed a new investment law in March, despite strong civil society opposition and despite much concern over its implications.

Down to Earth No. 73, May 2007


After a long and tortuous process, the working group given the task of agreeing the final version of Legality Standard for Indonesian Timber has completed its work. What its impact will be on the ground, where Indonesia's forests are disappearing fast, remains to be seen.


The final draft of the Indonesian Timber Legality Verification Standard was officially handed over to the Forestry Department at the beginning of February 2007.

Down to Earth No. 73, May 2007


The decision of a North Sulawesi court to find the US-based mining company, Newmont, not guilty of polluting the environment is a huge disappointment for NGOs and communities who have been struggling for years to hold this multinational gold mining company to account.


The Manado Court in North Sulawesi - the province where the now-closed Ratatotok gold mine was located - came up with its verdict on April 24th.

Down to Earth No. 72 March 2007

Two significant changes to national regulations on mining are due to affect the mining industry in Indonesia. The mining minister, Simon Sembiring, said recently that the Indonesian government was intending to approve laws to ensure that more of the mineral resources mined in Indonesia will be processed within Indonesia rather than be shipped abroad. As well as this, new laws are due to come into force in early 2007 that will strengthen the role of regional governments in assigning and approving mining contracts in their regions.