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REVOCATION OF THE DECREE OF THE MINISTER OF INDUSTRY AND TRADE NO. 102/MPP/Kep/2/1998 ON THE DOMESTIC SUPPLY OF CRUDE PALM OIL (CPO), REFINED BLEACHED DEODORIZED PALM

OIL (RBD PO), CRUDE OLEIN (CRD OLEIN) AND REFINED BLEACHED DEODORIZED OLEIN (RBD OLEIN)

(Decree of the Minister of Industry and Trade No. 181/MPP/Kep/4/1998 dated April 17, 1998)

THE MINISTER OF INDUSTRY AND TRADE

Considering :

a. That within the framework of implementing economic reforms and increasing

the trading performance of CPO and its products as well as creating a market

oriented trading environment, it is necessary to liberate the trading of CPO and

its processed products ;

b. That for this purpose, it is necessary to issue a decree of the Minister of

Industry and Trade.

In view of :

1. Law No.5/1984 on industries (Statute Book of 1984 No.22, Supplement to

Statute Book No.3274) ;

2. Presidential Decree No. 44/1974 on the organisational principles of ministries;

3. Presidential Decree No.2/1996 on the amendment of presidential Decree No.

15/1984 on the organisational structures of ministries, as already twenty-five

times amended the latest by Presidential Decree No. 61/1995 ;

4. Presidential Decree No. 62/M/1998 on the establishment of the seventh

Development Cabinet ;

5. The Decree of the Minister of Industry and Trade No.29/MPP/Sk/2/1996 jo.

No.92/MPP/Kep/4/1996 on the organisation of and operational procedure for

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6. The Decree of the Minister of Trade No. 115/MPP/Kep/2/1998 on the types of

basic necessities.

Taking into account :

The agreement between the Government of Indonesia and the International

Monetary Fund (IMF) concerning the trading of CPO and its processed products.

D E C I D E :

To stipulate :

THE DECREE OF THE MINISTER OF INDUSTRY AND TRADE CONCERNING REVOCATION OF THE DECREE OF THE MINISTER OF INDUSTRY AND TRADE NO.102/MPP/Kep/2/1998 ON THE DOMESTIC SUPPLY OF CRUDE PALM OIL (CPO), REFINED BLEACHED DEODORIZED PALM OIL (RBD PO), CRUDE OLEIN (CRD OLEIN) AND REFINED BLEACHED DEODORIZED OLEIN (RBD OLEIN).

Article 1

To revoke the Decree of the Minister of Industry and Trade

No.102/MPP/Kep/2/1998 on the domestic supply of crude palm oil (CPO), refined

bleached deodorized palm oil (RBD PO), crude olein (CRD olein) and refined

bleached deodorized olein (RBI olein).

Article 2

With the enforcement of this decree, the free trading of CPO and its processed

products shall be allowed.

Article 3

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For public cognizance, this decree shall be announced by publishing it in the State

Gazette of the Republic of Indonesia.

Stipulated in Jakarta On April 17, 1998

THE MINISTER OF INDUSTRY AND TRADE

Sgd

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