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PRESIDENTIAL DECREE OF THE REPUBLIC OF INDONESIA NUMBER 57 YEAR 2004

REGARDING

STIPULATION OF SUGAR AS COMMODITY UNDER SUPERVISION

PRESIDENT OF THE REPUBLIC OF INDONESIA

Considering:

a. that Sugar is a commodity having strategic value for food security and accelerating Indonesian economic growth and that domestic Sugar trade is considered a crucial activity and therefore sugar trade shall be supervised accordingly;

b. that in accordance with Government Regulation Number 11 Year 1962 regarding Trade of Commodity Under Supervision as amended with Government Regulation Number 19 Year 2004, stipulation of certain commodity as a commodity under supervision shall be made under a Presidential Decree;

c. that in connection hereto referred to in leter a and letter b, it is deemed necessary to stipulate Sugar as a commodity under supervision under a Presidential Decree;

In View of:

1. Article 4 paragraph (1) 1945-Constitution as amended with the Fourth Amendment of 1945-Constitution; 2. Law Number 8 Prp Year 1962 regarding Trade of Commodity Under Supervision (State Gazette of The

Republic of Indonesia Year 1962 Number 42, Supplementary to State Gazette Number 2469);

3. Government Regulation Number 11 Year 1962 regarding Trade of Commodity Under Supervision (State Gazette of The Republic of Indonesia Year 1962 Number 46, Supplementary to State Gazette Number 2473) as amended with Government Regulation Number 19 Year 2004 (State Gazette of The Republic of Indonesia Year 2004 Number 68, Supplementary to State Gazette Number 4402);

DECIDE:

Stipulate:

PRESIDENTIAL DECREE OF THE REPUBLIC OF INDONESIA REGARDING STIPULATION OF SUGAR AS COMMODITY UNDER SUPERVISION

Article 1

In this Presidential Decree, the following shall mean:

1. Sugar is Raw Sugar, Refined Sugar, d\and Plantation White Sugar;

2. Raw Sugar is Sugar used as production process raw material, covering in Post Tariff/HS. 1701.11.00.00 and 1701.12.00.00;

3. Refined Sugar is Sugar used as production process raw material, covering in Post Tariff/HS. 1701.99.11.00 and 1701.99.19.00;

4. Plantation White Sugar is Sugar consumed directly without further processing, covered in Post Tariff/HS. 1701.91.00.00 and 1701.99.90.00.

Article 2

Under this Presidential Decree, Sugar is stipulated as a commodity under supervision as contemplated in Law Number 8 Prp Year 1962 regarding Trade of Commodity under Supervision.

(2)

Further provision with respect to the implementation of sugar trade supervision shall be specified by Minister in charge of trade.

Article 4

With the enactment of this Presidential Decree, any existing provision regarding sugar trade supervision is stated to remain valid to the extent of not contravening and not amended with new provisions based on this Presidential Decree.

Article 5

This Presidential Decree shall be effective as of the date it is stipulated.

In order to make any one be aware of, this Presidential Decree is ordered shall be announced to the public by placing it in State Gazette of the Republic of Indonesia.

Stipulated in Jakarta Date July 26, 2004

PRESIDENT OF THE REPUBLIC INDONESIA Signed by

MEGAWATI SOEKARNOPUTRI

Enforced in Jakarta On July 26, 2004

STATE SECRETARY OF THE REPUBLIC OF INDONESIA, Signed by.

BAMBANG KESOWO

STATE GAZETTE OF THE REPUBLIC OF INDONESIA YEAR 2004 NUMBER 69

The copy is as per the original Deputy to Cabinet Secretary Legal and Law Division,

Referensi

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With the enactment of Bank Indonesia Regulation Number 9/5/PBI/2007 dated March 30, 2007 concerning Sharia Interbank Money Market (State Gazette of the Republic of

A number of provisions in Bank Indonesia Regulation Number 4/9/PBI/2002 concerning Open Market Operations (State Gazette of the Republic of Indonesia Number 126 of 2002, Supplement

A number of provisions in Bank Indonesia Regulation Number 5/13/PBI/2003 concerning the Net Open Position for Commercial Banks (State Gazette of the Republic of Indonesia Number 84

A number of provisions in Bank Indonesia Regulation Number 5/5/PBI/2003 concerning Rupiah and Forex Money Market Brokerage Companies (State Gazette of the Republic of Indonesia

Interbank Money Market (The State Gazette of the Republic Indonesia of 2004.. Number 39, The Supplement to the State Gazette of the Republic

Government Regulation in Lieu of Law Number 4 of 2008 concerning Financial System Safety Net State Gazette Republic of Indonesia Number 149 of 2008, Addendum to State Gazette Republic