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NEW REQUIREMENTS FOR UPSTREAM OIL AND GAS COOPERATION AGREEMENT BIDS

On 3 April 2013, the Special Oil and Gas Upstream Business Authority Unit (Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi – “Authority”)

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THE SELLER MUST PROVIDE INFORMATION ON THE RETAIL PRICE AND TARIFF OF GOODS AND/OR SERVICES

Under Regulation of the Minister of Trade No. 35/M-DAG/PER/7/2013 dated 29 July 2013 on Affixing Retail Prices and Tariffs to Goods and Services (“MOT Regulation No. 35/2013”),

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IMPLEMENTATION OF DIVESTMENT BY MINERAL AND COAL MINING COMPANIES

The recently issued Regulation of the Minister of Energy and Mineral Resources No. 27 of 2013 on The Procedures for Divestment and Share Pricing and Changes to Investment in Mineral and Coal Mining Businesses (“Regulation No. 27/2013”) is the long awaited answer to Article 99 of Government Regulation No. 23 of 2010

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NEW MINISTERIAL CIRCULAR LETTER ON OUTSOURCING

The Minister of Manpower and Transmigration issued Circular No. SE.04/MEN/VIII/2013 on 26 August 2013 regarding Guidelines on Regulation of the Minister of Manpower and Transmigration Number 19 of 2012 on Requirements for the Assignment of Part of Work to Other Companies (“Circular Letter No. 04/2013”)

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COURT DECISION ON LANGUAGE LAW

The West Jakarta District Court, under Decision No. 451/Pdt.G/PN.Jkt.Bar, ruled that an agreement involving an Indonesian entity which was not drawn up in the Indonesian language was null and void

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